Regional bank holding company providing banking and financial services primarily in Virginia and surrounding areas.
Atlantic Union Bankshares Corporation, headquartered in Richmond, Virginia, stands as a prominent bank holding company that oversees Atlantic Union Bank, delivering a wide array of banking and financial services to consumers and businesses across the United States. Established in 1902 and rebranded as Atlantic Union Bankshares Corporation in 2019, the company operates through two principal segments: Wholesale Banking and Consumer Banking. Within these segments, Atlantic Union Bankshares Corporation offers a comprehensive range of deposit products, including checking, savings, NOW accounts, time deposits, and money market accounts, alongside certificates of deposit and other depository services.
The lending arm of Atlantic Union Bankshares Corporation extends to commercial, industrial, and residential mortgage loans, as well as consumer loans and credit card products, catering to diverse financial needs. Beyond traditional banking services, the company provides a robust suite of financial solutions encompassing treasury management, capital markets services, wealth management, private banking, trust services, financial planning, brokerage, investment management, equipment finance, and insurance products. These offerings are accessible through a network of full-service branches, ATMs, and digital channels including mobile and internet banking, ensuring convenience and accessibility for its clientele.
As Atlantic Union Bankshares Corporation continues to evolve in response to changing market dynamics, it remains committed to leveraging technological advancements and exploring new opportunities. While its core operations are rooted in traditional banking services, the company remains attentive to emerging trends such as cryptocurrency and blockchain technology. This strategic approach underscores Atlantic Union Bankshares Corporation's dedication to innovation and customer-centric financial solutions, positioning it as a leader in the evolving landscape of banking and digital finance.