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                                   EXHIBIT 10
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                              EMPLOYMENT CONTRACT

     THIS AGREEMENT, is made by and between UNION BANCSHARES CORP., the parent
company, together with the UNION BANK AND SAVINGS COMPANY, a subsidiary, both
Ohio Corporations with the principal place of business being, One Union Square,
Bellevue, Ohio 44811 (hereinafter called the "Company") and Rosemary L. Schaffer
an individual residing at 824 Kilbourne Street, Bellevue, Ohio (hereinafter
called the "Executive").

 1.  Employment and Duties

     The Company hereby employs the Executive to perform such duties as normally
     undertaken by executive officers of corporations similar in type and size
     to the company, and as outlined in the Codes of Regulation and other duties
     as may be assigned him or her from time to time by the Board of Directors
     of the Company.

 2.  Performance

     The Executive agrees to devote his or her full time and efforts to the
     performance of such duties as are assigned him or her from time to time by
     the Board of Directors of the Company and shall not, during the term of
     this agreement, be engaged in any other business activity, whether or not
     such business activity is pursued for gain, profit, or other pecuniary
     advantage, but this shall not be construed as preventing Executive from
     investing his or her assets in such form or manner as will not require any
     services on the part of Executive in the operation of the affairs of the
     business activity in which such investments are made.

 3.  Term

     Except in the case of earlier termination as hereinafter specifically
     provided, the term of this agreement shall extend from the date hereof
     until September 30, 1998, when it may be renewed upon terms mutually agreed
     upon and at the sole option of the Company. In the event the Company does
     not intend to renew the contract, it will give the Executive written notice
     not later than 60 days prior to the expiration date. Notwithstanding the
     foregoing term, Company by terminate this agreement at any time without
     notice to Executive if and when:

     (a)  Executive accepts any other employment, or engages in any other
          business activity which is directly or indirectly in competition with
          the business activities of Company, or which require personal services
          by Executive;

     (b)  Executive breaches any other material obligations under this
          agreement, either express or implied;

     (c)  Executive is dishonest or commits any dishonest act.

 4.  Compensation

     For all of the services by the Executive in any capacity during his or her
     employment by the Company, the Company agrees to pay the Executive an
     annual salary of not less than $94,500.00. Said Executive's annual salary
     is to be reviewed and fixed not less than annually by the Board of
     Directors of the Company. The Executive shall be entitled to receive or
     defer for future payment, any increases that represent cost of living
     (COLA) or merit adjustments provided Executive makes a prior request which
     is accepted and agreed to by the Board of Directors. It is agreed that a
     COLA adjustment shall be paid to the Executive, effective September 30,
     1995, in the amount of five percent (5 %) of his or her annual salary and
     each September 30 thereafter for the term of this contract.

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 5.  Pension Benefits

     It is agreed that the Company will make all contributions to the Company's
     current pension plan based on the Executive's annual compensation,
     including bonuses or profit sharing. It is further agreed that, in the
     event the Company's pension plan is changed or discontinued for any reason,
     including the merger or sale of the Company, or if the Executive exercises
     his or her rights under paragraph 8 entitled: "Merger, Sale of Company,"
     the Company will make, at the option of the Executive, an immediate cash
     payment to the Executive for the amount that he would receive under the
     single cash payment option, as of the date of termination by the Executive,
     under the Company's currently existing pension plan. It is further
     understood and agreed that the cash payment option is subject to the then
     existing Internal Revenue Service rules governing cash option payments.

 6.  Insurance Benefits

     The Company will provide family medical coverage and maintain all life
     insurance, disability insurance and other insurance coverages now in effect
     and which the Executive is currently insured thereunder. Said coverages are
     to remain in effect for the term of this contract and thereafter at the
     option of the Company.

 7.  Disability and Disability Benefits

     If during the term of this agreement and before retirement, the Executive
     shall become unable to perform his or her duties hereunder by reason of his
     or her total and permanent disability for a period of six (6) months, the
     Company shall have the right to terminate the contract with respect to
     paragraph four (4) entitled: "Compensation". All other paragraphs shall
     remain in effect based upon the Executive's then current salary at the time
     of total and permanent disability until such time as this contract shall
     expire. If the Company elects to terminate said paragraph four (4), as
     hereinbefore stated, it will give the Executive 30 days written notice.

 8.  Merger; Sale of Company

     If the Company shall at any time be merged or consolidated into or with any
     other corporation, at the Executive's option this agreement may be
     terminated upon 30 days written notice by the Executive to the Company's
     Board of Directors. If the Executive elects not to terminate this
     agreement, then the provisions of this agreement shall be binding upon and
     inure to the benefit of the Corporation resulting from such merger or
     consolidation and this provision shall apply in the event of any subsequent
     merger, consolidation or transfer.

 9.  Waiver of Breach

     Failure to insist upon strict compliance with any of the terms, promises or
     conditions of this agreement shall not be deemed waiver of such term,
     promise or condition, nor shall any waiver or relinquishment of any right
     or power hereunder at any one time or more times be deemed a waiver or
     relinquishment of such power at any other time or times.

10.  Effect of Waiver

     The waiver by either party of a breach of any provision of this agreement
     shall not operate as or be construed as a waiver of any subsequent breach.

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11.  Arbitration

     Any controversy or claim arising out of or relating to this agreement or
     breach thereof shall be settled by arbitration in the City of Bellevue in
     accordance with the rules then obtaining of the American Arbitration
     Association and judgment upon the award rendered may be entered in any
     court having jurisdiction thereof.
 
 12.  Governing Law

     The agreement and the performance of this agreement shall be governed by
     the laws of the State of Ohio.

13.  Captions

     It is understood and agreed by the Executive and the Company that the
     captions at the beginning of the several sections and paragraphs of this
     agreement are not part of the context thereof, but are only there as guides
     or labels to assist in locating and reading such sections and paragraphs.

14.  Heirs and Assigns

     It is understood and agreed by the Executive and the Company that in the
     event of the death of the Executive, all deferred cash payments or other
     benefits due the Executive at the time of death shall immediately become
     due and payable to the Executive's estate and that the contract shall
     become null and void as it shall pertain to all other benefits contained
     herein. In the event of a sale or merger, the right and obligations of
     Company under this agreement shall inure to the benefit of and shall be
     binding upon, its successors and assigns.

15.  Valuable Consideration

     The parties, acknowledge that there is valuable consideration being given
     by both parties, including, but not limited to, the mutual promises
     contained herein, constituting new and adequate consideration for the
     execution of this agreement and the enforcement thereof.

                      Dated this 15th day of November, 1995

Witnesses:                                NO. 1:
                                          THE UNION BANK AND SAVINGS COMPANY

/s/     Cheryl L. Most               BY:  /s/ Robert C. Wagner, Vice Chairman
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/s/     Dee A. Blackburn
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                                          NO. 2:
                                          UNION BANCSHARES CORP.

/s/     Cheryl L. Most               BY:  /s/ J. R. Pollock, President
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/s/     Dee A. Blackburn
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                                          NO.3
                                          EXECUTIVE

/s/     Cheryl L. Most                    /s/  Rosemary L. Schaffer
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/s/     Dee A. Blackburn
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