Highlands Union Bank
Highlands Union Bank was an American financial institution based in Abingdon, Virginia. It was founded in 1985. In 2019 First Community Bank and Highlands Union Bank were merged.[1] As a result all existing Highlands Union Bank locations were renamed to First Community Bank.[2]
| Company type | Bank |
|---|---|
| Industry | Financial services |
| Founded | 1985 |
| Founder | 600 investors |
| Defunct | 2019 |
| Fate | Merged |
| Successor | First Community Bank |
| Headquarters | , |
Number of locations | 15 branches at its peak |
Area served | Tennessee, Virginia, and North Carolina |
| Products | Banking services |
| Website | www |
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".
- "First Community Bankshares, Inc. Completes Acquisition of Highlands Bankshares, Inc. | Markets Insider". Archived from the original on 2021-04-11. Retrieved 2021-04-11.
- "In 1985 Highlands Union Bank entered community banking". Highlands Union Bank. Archived from the original on 17 January 2012. Retrieved 10 June 2013.
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