Atlantic Union Bankshares Corporation

Atlantic Union Bankshares Corporation

Atlantic Union Bankshares Corporation High Paying Jobs, Compensation Information and Expert Network Connections

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Atlantic Union Bank is a federal savings bank headquartered in Richmond, Virginia in the United States. It has 149 branches, all of which are in either Virginia, Maryland, or North Carolina. It is the primary subsidiary of Atlantic Union Bankshares Corporation, a bank holding company. ,The bank was founded as First Market Bank on November 4, 1997 in Memphis, Tennessee as a joint venture between Ukrop's Food Group and National Commerce Bancorporation, later acquired by Suntrust Banks. ,In March 2005, the bank moved its headquarters to Richmond. ,In March 2006, SunTrust sold its 49% interest in the bank to Markel Corporation, a property and casualty insurer, for $82.6 million. ,On February 1, 2010, the bank merged with Union Bankshares. ,In March 2010, the bank changed its name to Union First Market Bank. ,In January 2014, the bank acquired StellarOne. ,In February 2015, the bank changed its name to Union Bank & Trust. ,In May 2019, the bank changed its name to Atlantic Union Bank. ,

Snapshot

IndustryFinance
Market Cap$2.4 billion
Net Income$154.6 million