Union Bank in Morrisville, Vt., has a new leader.
The $1.6 billion-asset unit of Union Bankshares said in a press release that Jeff Weidley had become its president and CEO after an extensive search process. Weidley succeeded David Silverman, who retired.
Weidley recently served as chief deposit officer at MVB Bank.
“Union Bank has always believed that staying local doesn’t mean standing still,” Neil Van Dyke, the bank’s chairman, said in the release. “Jeff’s values, leadership approach, and respect for community banking align strongly with the culture and customer‑centered philosophy that define Union Bank.”
Silverman, who has served as president and CEO since 2012, will remain on the board.