Union Bank & Trust rebranding as Atlantic Union Bank
RICHMOND — Union Bankshares Corp., which has rapidly grown to become the largest financial institution based in Virginia, plans to undergo a rebranding.
The Richmond-based parent company of Union Bank & Trust wants to change its corporate name to Atlantic Union Bankshares and its operating bank subsidiary as Atlantic Union Bank — new monikers to better reflect its geographic expansion in recent years.
The bank announced the name rebranding Friday when it said it had completed its $500 million all-stock acquisition of Reston-based Access National Corp. The deal strengthens Union’s presence in Northern Virginia.
The company plans to operate under the Atlantic Union brand starting in May, subject to shareholders and other regulatory approvals.
Read more: https://www.roanoke.com/business/news/union-bank-trust-rebranding-as-atlantic-union-bank/article_741f536a-c7a5-51c8-ae7f-cb8966f1bd6a.html
