Unibank

Our MissionUniBank is committed to being the premier bank serving the financial needs of the Greater Blackstone Valley by providing individuals and businesses with excellent service and fairly priced, high quality financial products.UniBank is dedicated to contributing to the overall quality of life and economic health of the communities it serves, while maintaining a high level of financial soundness and integrity.Our PeopleWe are proud of our employees and the commitment they make to our community by volunteering for all kinds of organizations, including little league coaching, elderly financial counseling, teaching classroom educational programs and more.Our StrengthsWe know that our dedicated employees are the foundation of our strengths and there are other business factors that contribute to our success. These include:    Convenience – UniBank has conveniently located branches with ATMs throughout the Blackstone Valley and Milford. In addition, several branches in high-traffic areas have extended operating hours.    HistoryOur bank, officially known as UniBank for Savings, is the result of a merger between Uxbridge Savings Bank and Whitinsville Savings Bank. With the introduction of the new logo in 1999, the Bank began using simply UniBank in advertising and public relations messages.Uxbridge Savings Bank, incorporated in 1870, and Whitinsville Savings Bank, incorporated in 1873, were founded by farsighted men in the Blackstone Valley who worked independently to determine that the increase in economic viability of the towns in the Blackstone Valley and great Central Massachusetts created new demands best met by the creation of the respective institutions. Both institutions were founded as a place for workmen to put their hard earned money.The merger of Uxbridge Savings Bank (branches in Uxbridge and Douglas), and Whitinsville Savings Bank (branches in Whitinsville and Blackstone), took place on January 19, 1988. The surviving charter was that of Uxbridge Savings Bank because it allowed the new company to retain the right to issue Savings Bank Life Insurance (SBLI). All four branches of Uxbridge Savings Bank and Whitinsville Savings Bank remained open. The newly formed Board of Trustees established a new set of by-laws for the merged institution, and voted to name the new Bank UniBank for Savings, a name selected from contest submissions from Bank employees. The Main Office for the new institution was relocated to the largest building in Whitinsville, thereby positioning itself as a strong Central Massachusetts bank.On October 24, 1994, UniBank opened a fifth branch office in Upton, taking over space occupied by Shawmut Bank.On January 1, 1998, UFS Bancorp was established as a mutual holding company. This entity operates as a holding (parent) company for UniBank. The purpose of the mutual holding company was to allow the Bank flexibility going forward in mergers, acquisitions and offerings of various other products and services.UniBank Fiscal Advisory Services, Inc. (UFASI) was established in July of 1999 to provide a full spectrum of debt management services to towns, school districts and other government units in the Blackstone Valley and Central Massachusetts. Another interesting fact to mention is the purchase of the building located at 39 Church Street in Whitinsville, adjacent to the UniBank Main Office. In October of 2000, this building was officially dedicated as the John A. Rauth building in honor of the Chairman of the Board, who retired in 2001. This building is our UniBank Government Banking Center — where the UFASI subsidiary and the UniBank Municipal Department operate.In 2000 UniBank partnered with Infinex Financial Group to offer a broader range of investment services.Sterling Associates was purchased in January 2001. It is a bank service company that originates boat, recreational vehicle and manufactured housing loans for client lenders.In February of 2003 we opened our Sutton Branch in the Sutton Plaza, located on Route 146 (southbound). The branch was established in a temporary modular facility until a permanent location opened up in the Plaza. In August of 2005, the Sutton Branch relocated within the Sutton Plaza into a convenient space that had been occupied by several banks in recent years. Our seventh UniBank branch opened in May of 2004 at the Whitinsville Shaw’s Plaza in a stand-alone building that has housed several banks over the years. It is located on Route 122, which is one of the primary roads connecting the communities of the Blackstone Valley.In May of 2006, UniBank completed an expansion project at its corporate headquarters on Church Street in Whitinsville with the addition of a 46,000 square foot Operations Center. Construction began during the first quarter of 2005. UniBank’s rapid growth through the addition of retail bank branches, along with its increasing number of financial service subsidiaries, led to the need to expand its facilities. The UniBank Operations Center addition allowed for expanded technology and future personnel growth as well as increased facilities to accommodate new company acquisitions.In June of 2006, UniBank opened a loan office in Milford. The office specialized in commercial lending and offered a wide array of other loan products. Opening this loan office allowed UniBank a cost-effective means to introduce the bank to customers in Milford and led to the opening of a full-service branch in March of 2009 that integrated the loan office.In June of 2009 UniBank opened a loan office in Worcester. The office specializes in commercial lending, commercial cash management services and a wide array of related products. Opening the loan office will facilitate future growth within the Central Massachusetts marketplace.Our Board of Trustees remains dedicated to maintaining the mutual form of ownership, and has no intention of converting to a publicly held stock company.