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Union Bankshares, Inc. announced the sale of $38.8 million in lower-yielding debt securities, resulting in an estimated after-tax realized loss of $1 million. The proceeds were redeployed into higher-yielding bonds and loans, expected to yield 341 basis points more than the sold securities. The loss...
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Sep 4, 2024
Date: Oct 25, 2024
Date: Oct 24, 2024