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Union Bankshares
Union Bankshares

+6.67%

Financial services / Banking and Financial Services

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Company Overview

General information about the Union Bankshares company
Union Bankshares, Inc. is a bank holding company headquartered in Richmond, Virginia. It is the parent company of Union Bank & Trust, one of the largest community banks in Virginia with over 150 branches and nearly 200 ATMs.
The company was founded in 1990 and has grown both organically and through acquisitions to become a leading financial institution in the Mid-Atlantic region. As of June 2021, Union Bankshares has over $17 billion in assets and over 2,700 employees.
The bank offers a range of banking and financial services including checking and savings accounts, loans and mortgages, wealth management, and online and mobile banking. It serves individuals, businesses, and nonprofits in Virginia, Maryland, and North Carolina.
Union Bankshares is publicly traded on the Nasdaq Global Select Market under the ticker symbol UNB. Its mission is to provide exceptional customer service, create strong relationships, and support the communities it serves. The company is committed to responsible and sustainable practices and has been recognized for its environmental, social, and governance efforts.
What is special about the Union Bankshares company?
1. Long History: Union Bankshares has a long history dating back to 1902, making it one of the oldest and most established community banks in the United States.
2. Strong Reputation: The company has a strong reputation for its commitment to providing personalized and high-quality customer service.
3. Community-Focused: Union Bankshares is deeply rooted in the communities it serves and is committed to supporting local businesses and organizations.
4. Size and Growth: With over $16 billion in assets, Union Bankshares is one of the largest bank holding companies in Virginia, and has a strong track record of steady growth and financial strength.
5. Diverse Portfolio: Union Bankshares offers a diverse range of financial services including personal and business banking, wealth management, and insurance services.
6. Technological Innovation: The company continuously invests in technology to enhance its products and services for its customers, including a user-friendly mobile app and online banking.
7. Employee Satisfaction: Union Bankshares has been consistently recognized as a top workplace, with a strong focus on employee development, diversity, and inclusion.
8. Strong Financial Performance: Union Bankshares has a history of strong financial performance, with consistently high profitability and sound risk management practices.
9. Commitment to Sustainability: As a responsible corporate citizen, Union Bankshares is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
10. Strong Leadership: The company has a highly experienced and dedicated leadership team with a deep understanding of the banking industry and a strong commitment to the company’s values and mission.

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