United Bankshares (NASDAQ:UBSI) (NASDAQ: UBSI) is a bank holding company headquartered in Charleston, West Virginia, that provides a broad range of commercial and retail banking services. Through its primary subsidiary, United Bank, the company offers deposit products, including checking and savings accounts, certificates of deposit, and money market accounts. It also provides lending solutions such as commercial real estate loans, construction financing, equipment leasing, and consumer loans to individuals, small businesses, and corporate clients.
In addition to traditional banking activities, United Bankshares delivers wealth management, trust, and brokerage services. Its subsidiary, United Capital Management, offers investment advisory services, retirement planning, and fiduciary solutions. The company further complements its financial offerings through insurance operations, providing both personal and commercial lines coverage, risk management consultation, and employee benefits packages.
Tracing its roots to the 19th century with the establishment of the Bank of Buckhannon in 1839, United Bankshares was formed in 1987 to consolidate and expand banking operations across the Mid-Atlantic region. Over the decades, it has pursued a disciplined growth strategy, acquiring community banks in West Virginia, Virginia, Maryland, Ohio, Pennsylvania, North Carolina, and the District of Columbia. These acquisitions have allowed United Bankshares to build a diversified franchise while maintaining a focus on local decision-making and community involvement.
Under the leadership of President and Chief Executive Officer Thomas P. Still, United Bankshares emphasizes personalized client relationships and local market expertise. The executive team and board of directors bring extensive experience in banking, finance, and community development. By combining a regional footprint with a commitment to service, the company continues to support economic growth and financial well-being in the communities it serves.
