Atlantic Union Bankshares Corporation (AUB.PR.A)

Overview

Atlantic Union Bankshares Corporation, functioning as the holding entity for Atlantic Union Bank, delivers a broad array of banking and related financial services targeted towards individuals and business establishments. With its inception dating back to 1902, and a rebranding from Union Bankshares Corporation to Atlantic Union Bankshares Corporation in May 2019, the company has established itself as a reliable financial services provider. Headquartered in Richmond, Virginia, it boasts an extensive network of 130 branches and approximately 150 ATMs across Virginia, Maryland, and North Carolina, facilitating convenient banking solutions for its clientele.

Products and Services

• Deposit Products:

  Offers a wide range of depository services including checking accounts, savings accounts, NOW accounts, time deposits, money market accounts, and certificates of deposit to cater to the varied needs of its customers.

• Loan Services:

  Provides diverse loan options for commercial, industrial, residential mortgage, and consumer purposes to support the financial goals of businesses and individuals alike.

• Credit Cards:

  Atlantic Union Bankshares Corporation issues credit cards as part of its financial products, enabling clients to manage expenses smoothly.

• ATM Services:

  Operates approximately 150 ATMs across its service regions, offering clients easy access to cash and banking operations.

• Mobile and Internet Banking Services:

  Facilitates state-of-the-art mobile and internet banking services, allowing customers to conduct banking transactions and manage their accounts from anywhere, at any time.

• Online Bill Payment:

  Provides convenient online bill payment options, enabling clients to easily manage and pay their bills digitally.

• Financial Planning, Trust, and Wealth Management:

  Offers specialized services in financial planning, trust administration, and wealth management to help clients achieve their long-term financial objectives.

• Securities, Brokerage, and Investment Advisory:

  Delivers investment products, brokerage services, and professional investment advisory to cater to the investment needs and preferences of its diverse clientele.

• Residential Loan Products:

  Originates and sells residential loan products in the secondary market, providing comprehensive home financing solutions.