Atlantic Union Bankshares Corporation is a bank holding company and the parent of Atlantic Union Bank, a regional financial institution serving primarily Virginia and select markets in North Carolina, Maryland and the District of Columbia. The company offers a full suite of banking services to individuals, small- and mid-sized businesses, and commercial clients, including deposit accounts, consumer and commercial lending, treasury management, mortgage financing and wealth management services. Atlantic Union Bank emphasizes a relationship-driven approach, combining local decision-making authority with digital banking capabilities to support day-to-day financial needs and long-term growth objectives.
Founded on the heritage of Union Bank & Trust, which traces its origins to Winchester, Virginia in the early 20th century, Atlantic Union Bankshares emerged from the merger of Union Bankshares and Xenith Bank in 2018. Following the merger, the organization rebranded its consumer and commercial banking operations under the Atlantic Union Bank name in March 2019. This strategic combination expanded the company’s footprint across core markets in Central, Eastern and Southern Virginia, as well as northern North Carolina, enhancing its branch network and service offerings to better compete with larger regional and national banks.
In addition to traditional banking products such as checking, savings and certificate of deposit accounts, Atlantic Union Bank provides syndicated loan services, equipment financing, lines of credit, commercial real estate lending and residential mortgage origination. Wealth management and trust services are offered through its investment advisory group, which delivers retirement planning, asset management and fiduciary solutions. The bank has invested in online and mobile platforms to streamline account access, payments and digital cash management for both retail and business customers.
Atlantic Union Bankshares is led by President and Chief Executive Officer Scott Custer, supported by a senior management team with broad experience in banking, risk management and technology. The board of directors includes community business leaders and financial services veterans who guide the company’s strategic direction and governance. With a focus on local markets, customer relationships and technology investment, Atlantic Union Bankshares aims to deliver personalized financial solutions while maintaining strong credit underwriting and risk controls.
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