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Home > Company Index > Banking > Banking - Mid-Atlantic > Union Bankshares Corporation

Union Bankshares Corporation
Nasdaq: UBSH
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 PROFILE
Union Bankshares is the holding company for Union Bank & Trust Company, Northern Neck State Bank, Rappahannock National Bank, and the Bank of Williamsburg, which operate about 30 branches in the central and northern regions of Virginia. The banks offer such standard services as checking, savings, and money market accounts; credit card services; and CDs. Lending activities consist primarily of one- to four-family mortgages (almost a third of the banks' loan portfolio), as well as commercial real estate, home equity, commercial, and consumer loans. Through subsidiaries Union Investment Services and Mortgage Capital Investors, the firm provides brokerage services and mortgage products.

 COMPETITION
First Virginia Banks, Inc. (FVB)
United Bankshares, Inc. (UBSI)
Virginia Commonwealth Financial Corporation (VCFC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 76.90
1-Yr. Sales Growth: 11.8%
Employees: 403
Revenue per employee: $190,818.86

 KEY PEOPLE
• G. William Beale
    CEO
• D. Anthony Peay
    CFO

 CONTACT INFO
211 N. Main St.
Bowling Green, VA 22427
US
Phone: 804-633-5031
Fax: 804-633-1509
Online: Web Site

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