Atlantic Union Bankshares Corp - Company Profile
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Atlantic Union Bankshares Corp (Atlantic Union), formerly known as Union Bankshares Corp, is a financial holding company, which offers banking and other financial solutions through its subsidiaries. It provides a range of checking and savings accounts, certificate of deposits, individual retirement accounts, and money market accounts; debit and credit cards; and lending for auto and recreational vehicles, personal requirements, home equity, construction, commercial real estate, land, and lines of credit; mortgages; merchant services; treasury management; e-banking; and other general banking solutions. The company also offers wealth management, insurance, private banking, investment advisory, and brokerage services. The company has operations in Virginia, Maryland, and North Carolina. Union Bankshares is headquartered in Richmond, Virginia, the US.
Atlantic Union Bankshares Corp premium industry data and analytics
Products and Services
Products | Services |
---|---|
Accounts: | Online Banking |
Savings | Mobile Banking |
Money Market | E-Statements |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired American National Bankshares Inc. |
2022 | New Products/Services | In August, Atlantic Union Bank offered a full range of asset-based lending solutions specializing in loan commitments from US$5 million to US$30 million. |
2019 | New Products/Services | In October, the company launched its new equipment finance division, namely Atlantic Union Equipment Finance for its commercial and corporate customers. |
Competitor Comparison
Key Parameters | Atlantic Union Bankshares Corp | Capital One Financial Corp | United Bankshares Inc | TowneBank | Southside Bancshares Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Glen Allen | Mclean | Charleston | Portsmouth | Tyler |
State/Province | Virginia | Virginia | West Virginia | Virginia | Texas |
No. of Employees | 1,804 | 51,987 | 2,635 | 2,784 | 815 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Patrick J. McCann | Vice Chairman | Executive Board | 2019 | 66 |
John C. Asbury | Chief Executive Officer; President; Director | Executive Board | 2017 | 57 |
Robert Michael Gorman | Chief Financial Officer; Executive Vice President | Senior Management | 2012 | 64 |
Sherry Williams | Chief Risk Officer; Executive Vice President | Senior Management | 2022 | 61 |
Matt Linderman | Chief Information Officer - Atlantic Union Bank; Executive Vice President | Senior Management | 2023 | 49 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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