Highlands Union Bank
Highlands Union Bank was a financial institution based in Abingdon, Virginia and founded in 1985. In 2019 it was announced that First Community Bank and Highlands Union Bank were to merge.[1] As a result all existing Highlands Union Bank locations were renamed to First Community Bank.[2]
The first HUB office was started by 600 investors in an attempt to form a local bank for their community. Highlands Union Banks assets grew to $9.2 million in their first year in business. Immediately prior to the First Community Bank merger, the bank boasted 15 locations in the Tennessee, Virginia, and North Carolina Tri-state area.[3]
References[]
- ^ "Highlands Union Bank to merge with First Community Bank".
- ^ https://markets.businessinsider.com/news/stocks/first-community-bankshares-inc-completes-acquisition-of-highlands-bankshares-inc-1028790128
- ^ "In 1985 Highlands Union Bank entered community banking". Highlands Union Bank. Archived from the original on 17 January 2012. Retrieved 10 June 2013.
Categories:
- Banks based in Virginia