SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C. 20549

                                  FORM 8-K

                               CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported): January 27, 2005

           (Exact name of registrant as specified in its charter)

                           UNION BANKSHARES, INC.

(State or other jurisdiction      (Commission        (IRS Employer
of incorporation)                 File Number)       Identification Number)
Vermont                           001-15985          03-0283552

(Address of principal executive offices)
20 Main St., P.O. Box 667                            (Zip Code)
Morrisville, VT                                      05661-0667

Registrant's telephone number, including area code:  (802) 888-6600

        (Former name or former address, if changed since last report)
                               Not applicable

Check the appropriate box below if the Form 8-K is intended to 
simultaneously satisfy the filing obligation of the registrant under any of 
the following provisions:

[ ]   Written communications pursuant to Rule 425 under the Securities Act 
      (17 CFR 230.425)

[ ]   Soliciting materials pursuant to Rule 14a-12 under the Exchange Act 
      (17 CFR 240.14a-12)

[ ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the 
      Exchange Act (17 CFR 240.14d-2(b))

[ ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the 
      Exchange Act (17 CFR 240.13e-4(c))





Item 2.02: Results of Operations and Financial Condition

      As provided in General Instruction B.2 to Form 8-K, the information 
furnished in this Item 2.02 and in Exhibit 99.1 hereto shall not be deemed 
filed for purposes of Section 18 of the Securities and Exchange Act of 
1934, as amended, nor shall it be deemed incorporated by reference in any 
filing with the Securities and Exchange Commission, except as shall be 
expressly provided by specific reference in such filing.

      On January  27, 2005, Union Bankshares, Inc. mailed its Fourth 
      Quarter unaudited report to shareholders, a copy of which is 
      furnished with this Form 8-K as Exhibit 99.1, presenting information 
      concerning our results of operations and financial condition for our 
      year to date and fourth quarter ended, December 31, 2004 and the 
      declaration of a regular quarterly dividend and a special cash 
      dividend.

Item 9.01: Financial Statements and Exhibits

The following Exhibit, referred to in Item 2.02 of the Report is furnished, 
not filed; herewith:

      c)    Exhibits:
            99.1  Union Bankshares, Inc. Fourth Quarter Report to 
                  shareholders mailed January 27, 2005


                                 SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, 
the registrant has duly caused this report to be signed on its behalf by 
the undersigned hereunto duly authorized.


                                       Union Bankshares, Inc.


January 27, 2005                       /s/ Marsha A. Mongeon
                                       ______________________________
                                       Marsha A. Mongeon, Chief Financial 
                                       Officer


January 27, 2005                       /s/ Kenneth D. Gibbons
                                       ______________________________
                                       Kenneth D. Gibbons, President/Chief 
                                       Executive Officer


___________________________________________________________________________

                                EXHIBIT INDEX

99.1  Union Bankshares, Inc., Fourth Quarter Report to shareholders mailed 
      January 27, 2005.