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Atlantic Union Bankshares Corporation  (NYSE: AUB)
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    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Atlantic Union Bankshares Corporation

Business Description


Atlantic Union Bankshares Corporation is a publicly traded bank holding company headquartered in Richmond, Virginia. The company operates through its primary wholly-owned subsidiary, Atlantic Union Bank, which provides full-service commercial banking services throughout Virginia, Maryland, and North Carolina.

Founded in 1902 as Planters National Bank of Hopewell, the bank has grown through mergers and acquisitions over the years. It was renamed Atlantic Union Bank in 2018, reflecting its expanded presence beyond central Virginia.

Today, Atlantic Union Bank provides a wide range of banking products and services, including checking and savings accounts, loans and mortgages, wealth management and investment services, online and mobile banking, and more. Its commercial banking services include treasury management, lending, and deposit products for small and large businesses, commercial real estate, and construction.

Atlantic Union Bank has a strong commitment to corporate responsibility, supporting community organizations and initiatives through its Atlantic Union Bank Foundation. The foundation?s focus includes affordable housing, financial education, and community development, among others.

At the end of 2020, Atlantic Union Bank had $18.7 billion in total assets and 147 branches throughout Virginia, Maryland, and North Carolina. The bank has a diverse and experienced leadership team, including John C. Asbury as President and CEO. Its stock is listed on the Nasdaq Global Select Market under the ticker symbol "AUB".



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