Union Bankshares (NASDAQ:UNB) is a Virginia-based bank holding company and the parent of Union Bank & Trust, offering a comprehensive range of commercial and retail banking services. Through its community banking platform, the company provides deposit accounts, business and consumer lending, treasury and cash management, residential mortgages, and digital banking solutions. It also delivers trust and wealth management services to individuals, corporations, and nonprofits.
The company’s commercial banking team serves small and middle-market businesses with financing for real estate, equipment, working capital, and industrial sectors. In the retail segment, Union Bankshares supports consumers with checking and savings accounts, home equity lines of credit, auto financing, and personalized financial planning. Its treasury management suite includes payment processing, online cash management, and merchant services.
Union Bankshares operates primarily in central and southeastern Virginia and northern North Carolina, maintaining a network of community banking offices positioned in growing urban and rural markets. The company emphasizes local decision-making, community involvement, and long-term lending relationships to support regional economies.
Tracing its roots to the founding of its flagship bank in the late 19th century, Union Bankshares has grown through organic expansion and strategic acquisitions. The organization is guided by a board of directors and an executive management team with decades of combined experience in banking, finance, and community development.
