United Bank Mortgage Rates, Fees & Info

Fairfax, VA

LEI: 549300MKOZ81ZWTNKB12

Tax ID: 54-1071198

5 stars - out of 5 stars, based on 51 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

United Bank is a small bank specializing in Home Purchase and Refi loans. United Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Washington, Myrtle Beach, Baltimore, Morgantown, and Huntington among others. United Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. United Bank is typically an average fee lendor.


Originations

2,646

Origination Dollar Volume (All Markets)

$1,062,530,000

Employee count

3,077 Show all (11) awards

Relative Rate

United Bank's average 30 year fixed rate mortgage of loans were 3.16%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.01%.

Relative Fees

United Bank's average total fees for a 30 year fixed rate mortgage are $3,871.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 481 $342,915,000 $712,921 $6,583 3.37%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 280 $69,160,000 $247,000 $3,965 3.68%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 12 $65,500,000 $5,458,333 $4,220 3.41%
MORGANTOWN, WV (FHA|USDA|VA) 170 $55,440,000 $326,118 $3,497 3.30%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 164 $46,090,000 $281,037 $3,376 3.15%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 51 $39,195,000 $768,529 $4,904 3.38%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 115 $33,795,000 $293,870 $3,555 3.79%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 127 $33,015,000 $259,961 $3,164 3.48%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 92 $31,650,000 $344,022 $5,517 3.38%
PITTSBURGH, PA (FHA|USDA|VA) 69 $27,135,000 $393,261 $4,010 3.54%
Outside of Metro Areas 115 $24,045,000 $209,087 $4,354 3.38%
CHARLESTON, WV (FHA|USDA|VA) 124 $22,530,000 $181,694 $3,326 3.05%
WINSTON-SALEM, NC (FHA|USDA|VA) 6 $16,080,000 $2,680,000 $0 4.18%
COLUMBIA, SC (FHA|USDA|VA) 18 $15,780,000 $876,667 $5,147 3.60%
SPARTANBURG, SC (FHA|USDA|VA) 20 $15,710,000 $785,500 $4,458 3.46%
RICHMOND, VA (FHA|USDA|VA) 44 $14,100,000 $320,455 $0 3.61%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 77 $12,965,000 $168,377 $3,458 3.17%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $11,935,000 $3,978,333 $12,499 3.46%
FAYETTEVILLE, NC (FHA|USDA|VA) 17 $11,295,000 $664,412 $5,434 3.83%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 51 $10,405,000 $204,020 $3,507 3.98%
WILMINGTON, NC (FHA|USDA|VA) 39 $10,185,000 $261,154 $5,109 3.80%
GREENVILLE, NC (FHA|USDA|VA) 41 $8,555,000 $208,659 $5,410 3.77%
WINCHESTER, VA-WV (FHA|USDA|VA) 34 $8,490,000 $249,706 $3,139 3.60%
Georgetown, SC (FHA|USDA|VA) 18 $8,170,000 $453,889 $4,521 3.53%
BECKLEY, WV (FHA|USDA|VA) 44 $7,220,000 $164,091 $3,405 3.15%
Forest City, NC (FHA|USDA|VA) 30 $6,910,000 $230,333 $3,011 4.36%
COLUMBUS, OH (FHA|USDA|VA) 4 $6,770,000 $1,692,500 $5,054 3.30%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $6,005,000 $6,005,000 $0 3.25%
RALEIGH-CARY, NC (FHA|USDA|VA) 19 $5,695,000 $299,737 $5,023 3.50%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 15 $5,595,000 $373,000 $0 3.87%
Morehead City, NC (FHA|USDA|VA) 14 $5,250,000 $375,000 $4,327 3.62%
Kill Devil Hills, NC (FHA|USDA|VA) 13 $5,175,000 $398,077 $3,506 3.54%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 23 $4,715,000 $205,000 $4,619 3.63%
Shelby, NC (FHA|USDA|VA) 6 $4,200,000 $700,000 $0 4.06%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $4,145,000 $829,000 $7,523 3.07%
WHEELING, WV-OH (FHA|USDA|VA) 37 $4,095,000 $110,676 $2,909 3.09%
NEW BERN, NC (FHA|USDA|VA) 26 $3,940,000 $151,538 $4,443 3.54%
Boone, NC (FHA|USDA|VA) 1 $3,405,000 $3,405,000 $0 3.95%
Washington, NC (FHA|USDA|VA) 33 $3,025,000 $91,667 $3,174 3.51%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 2 $2,720,000 $1,360,000 $6,403 2.87%
Key West, FL (FHA|USDA|VA) 1 $2,305,000 $2,305,000 $0 3.50%
Lumberton, NC (FHA|USDA|VA) 9 $2,135,000 $237,222 $5,343 3.58%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $2,135,000 $2,135,000 $0 4.25%
Clarksburg, WV (FHA|USDA|VA) 10 $2,100,000 $210,000 $3,666 3.10%
HARRISONBURG, VA (FHA|USDA|VA) 20 $2,020,000 $101,000 $0 3.56%
ROCKY MOUNT, NC (FHA|USDA|VA) 14 $1,960,000 $140,000 $4,425 3.70%
Traverse City, MI (FHA|USDA|VA) 2 $1,920,000 $960,000 $8,310 3.37%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $1,760,000 $880,000 $7,476 3.00%
Bluefield, WV-VA (FHA|USDA|VA) 1 $1,705,000 $1,705,000 $13,707 3.99%
Wilson, NC (FHA|USDA|VA) 6 $1,670,000 $278,333 $0 3.97%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $1,525,000 $305,000 $5,083 3.72%
Marietta, OH (FHA|USDA|VA) 10 $1,420,000 $142,000 $3,212 3.14%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $1,370,000 $685,000 $7,663 3.13%
BURLINGTON, NC (FHA|USDA|VA) 3 $1,345,000 $448,333 $0 4.20%
SALISBURY, MD-DE (FHA|USDA|VA) 4 $1,280,000 $320,000 $5,247 3.44%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $1,275,000 $255,000 $3,211 3.73%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 3.25%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $1,150,000 $575,000 $5,191 3.63%
ASHEVILLE, NC (FHA|USDA|VA) 2 $1,040,000 $520,000 $0 4.38%
Seneca, SC (FHA|USDA|VA) 3 $1,005,000 $335,000 $6,360 3.38%
Kinston, NC (FHA|USDA|VA) 10 $990,000 $99,000 $4,389 3.64%
Sanford, NC (FHA|USDA|VA) 1 $925,000 $925,000 $0 4.00%
JACKSONVILLE, NC (FHA|USDA|VA) 5 $895,000 $179,000 $5,562 3.80%
Newberry, SC (FHA|USDA|VA) 3 $865,000 $288,333 $4,044 3.25%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 11 $855,000 $77,727 $2,439 3.66%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $835,000 $835,000 $0 3.90%
Point Pleasant, WV-OH (FHA|USDA|VA) 5 $825,000 $165,000 $4,742 3.75%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 5 $775,000 $155,000 $0 4.15%
STAUNTON, VA (FHA|USDA|VA) 5 $745,000 $149,000 $4,513 3.35%
North Wilkesboro, NC (FHA|USDA|VA) 1 $705,000 $705,000 $5,510 3.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $705,000 $705,000 $8,182 3.25%
Salem, OH (FHA|USDA|VA) 2 $680,000 $340,000 $0 3.80%
GOLDSBORO, NC (FHA|USDA|VA) 7 $655,000 $93,571 $3,899 2.82%
Elkins, WV (FHA|USDA|VA) 4 $610,000 $152,500 $3,344 3.53%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $610,000 $152,500 $0 3.38%
Fairmont, WV (FHA|USDA|VA) 3 $545,000 $181,667 $3,829 3.33%
Mount Gay-Shamrock, WV (FHA|USDA|VA) 7 $445,000 $63,571 $2,520 3.36%
Danville, VA (FHA|USDA|VA) 1 $385,000 $385,000 $0 4.13%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $375,000 $375,000 $4,829 3.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $355,000 $355,000 $3,353 2.50%
Somerset, PA (FHA|USDA|VA) 1 $305,000 $305,000 $5,302 3.50%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $295,000 $295,000 $0 4.50%
Elizabeth City, NC (FHA|USDA|VA) 4 $260,000 $65,000 $0 4.13%
THE VILLAGES, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 3.75%
Orangeburg, SC (FHA|USDA|VA) 2 $250,000 $125,000 $0 4.05%
Cullowhee, NC (FHA|USDA|VA) 1 $235,000 $235,000 $4,687 2.50%
Brevard, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,777 2.25%
LYNCHBURG, VA (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $200,000 $100,000 $3,227 2.38%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $195,000 $195,000 $4,971 3.50%
Indiana, PA (FHA|USDA|VA) 2 $190,000 $95,000 $0 4.50%
FLORENCE, SC (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.25%
ROANOKE, VA (FHA|USDA|VA) 1 $175,000 $175,000 $2,480 2.88%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.75%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $130,000 $65,000 $0 3.25%
DuBois, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.50%
Albemarle, NC (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.00%

United Bank's top markets include Washington, Myrtle Beach, Baltimore, Morgantown, and Huntington among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,564 $1,043,380,000 $406,934 $3,873 3.49%
VA 36 $10,040,000 $278,889 $5,183 2.56%
FHA 33 $6,875,000 $208,333 $6,729 2.96%
USDA 13 $2,235,000 $171,923 $4,653 2.81%

For the 2021 period, United Bank's most frequently originated loan type of loans were Conventional, with 2,564 originations. Their 2nd most popular type is VA, with 36 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,015 $545,335,000 $537,276 $4,557 3.67%
Refi 691 $376,785,000 $545,275 $3,339 3.27%
Home Improvement 522 $67,490,000 $129,291 $2,708 3.47%
Other 284 $43,590,000 $153,486 $2,963 3.43%
Cash Out Refi 134 $29,330,000 $218,881 $3,498 2.97%

For the 2021, United Bank's most frequently cited loan purpose of loans were Home Purchase, with 1,015 originations. The 2nd most popular reason of loans were Refi, with 691 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 1,106 $237,010,000 $214,295 $3,840 3.44%
30 Year 702 $219,140,000 $312,165 $3,871 3.16%
15 Year 289 $54,155,000 $187,388 $3,324 3.17%
5 Year 281 $197,775,000 $703,826 $0 4.25%
10 Year 114 $192,910,000 $1,692,193 $2,324 3.95%
30+ year 92 $53,160,000 $577,826 $7,159 3.67%
1 Year 24 $5,900,000 $245,833 $0 4.28%
20 Year 24 $3,850,000 $160,417 $3,849 3.50%
3 Year 14 $98,630,000 $7,045,000 $0 3.84%

For the 2021, United Bank's most frequently cited loan length of loans were Other, with 1,106 originations. The 2nd most popular length of loans were 30 Year, with 702 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 587 $178,055,000 $303,330
$<1k 338 $90,540,000 $267,870
$2k-3k 82 $28,210,000 $344,024
$3k-4k 26 $9,280,000 $356,923
$5k+ 13 $15,725,000 $1,209,615

$3,871 of loans were United Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 587 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,667 $641,675,000 $384,928
4-5% 424 $133,130,000 $313,986
2.5-3% 386 $250,600,000 $649,223
<2.5% 154 $35,240,000 $228,831
5-6% 12 $1,690,000 $140,833
6-7% 3 $195,000 $65,000

During 2021, United Bank's average interest rate of loans were 3.16%, while their most frequently originated rate bucket of loans were 3-4%, with 1,667 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 776 $110,210,000 $142,023 $3,306 3.45%
$100,000 or less 758 $43,920,000 $57,942 $2,907 3.54%
$200k-400k 713 $190,975,000 $267,847 $4,066 3.35%
$400k-600k 192 $92,500,000 $481,771 $4,590 3.49%
$1MM+ 116 $556,760,000 $4,799,655 $10,009 3.59%
$600k-1MM 91 $68,165,000 $749,066 $5,374 3.62%

2021 saw United Bank place emphasis on $100k-200k loans with 776 originations, totaling $110,210,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 449 $76,645,000 $170,702 $3,852 3.36%
$150k-250k 443 $107,475,000 $242,607 $3,993 3.41%
$250k+ 404 $178,620,000 $442,129 $5,658 3.35%
$50k-75k 318 $41,570,000 $130,723 $3,562 3.27%
$75k-100k 288 $40,920,000 $142,083 $3,645 3.32%
$50k or less 243 $25,435,000 $104,671 $3,583 3.23%

United Bank lent most frequently to those with incomes in the $100k-150k range, with 449 originations. The second most popular income band? $150k-250k, with 443 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 589 $112,035,000 $190,212 $3,781 3.27%
<20% 409 $87,775,000 $214,609 $4,042 3.19%
30-36% 356 $77,390,000 $217,388 $3,779 3.30%
42% 144 $35,720,000 $248,056 $4,799 3.43%
39% 77 $20,835,000 $270,584 $3,922 3.37%
40% 75 $18,105,000 $241,400 $4,204 3.50%
36% 70 $16,890,000 $241,286 $4,708 3.39%
41% 66 $14,180,000 $214,848 $4,130 3.44%
38% 59 $11,485,000 $194,661 $3,748 3.40%
37% 57 $14,785,000 $259,386 $3,939 3.44%
43% 54 $8,880,000 $164,444 $4,019 3.21%
44% 35 $9,915,000 $283,286 $3,922 3.16%
45% 26 $7,150,000 $275,000 $4,697 3.36%
50-60% 18 $5,670,000 $315,000 $6,205 3.36%
46% 14 $3,580,000 $255,714 $4,396 3.13%
>60% 13 $7,935,000 $610,385 $7,651 3.40%
47% 13 $2,145,000 $165,000 $4,292 3.19%
48% 11 $4,615,000 $419,545 $4,095 2.93%
49% 11 $1,965,000 $178,636 $5,094 3.14%

United Bank lent most frequently to those with DTI ratios of 20-30%, with 589 originations. The next most common DTI ratio? <20%, with 409 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
Not applicable 406 $567,090,000 $1,396,773 $0 4.16%
White 1,917 $427,295,000 $222,898 $4,035 3.35%
Not provided 192 $42,940,000 $223,646 $3,950 3.24%
Asian 66 $13,250,000 $200,758 $3,325 3.40%
Black 51 $8,725,000 $171,078 $3,984 3.33%
Asian Indian 6 $1,470,000 $245,000 $0 3.50%
Native Hawaiian 2 $620,000 $310,000 $5,784 2.75%
American Indian 3 $575,000 $191,667 $3,841 3.13%
Other Asian 1 $255,000 $255,000 $0 3.25%
Chinese 1 $255,000 $255,000 $0 3.25%
Native Hawiian 1 $55,000 $55,000 $0 3.75%

Approval Rates

Total approvals of all applications
88.20%

United Bank has an average approval rate.

Pick Rate

Approvals leading to origination
86.73%

United Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,646 $1,062,530,000 $401,561

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,646 $1,062,530,000 $401,561

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 444 $125,180,000 $281,937 $3,365 3.39%
40-60% 368 $206,780,000 $561,902 $3,540 3.36%
60-80% 842 $519,750,000 $617,280 $4,069 3.63%
80-100% 501 $161,315,000 $321,986 $4,174 3.33%
Over 100% 3 $2,085,000 $695,000 $22,252 3.12%
Under 20% 488 $47,420,000 $97,172 $2,342 3.47%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
UNITED COMMUNITY BANK Home equity loan or line of credit (HELOC) Trouble during payment process 1 20.0%
UNITED COMMUNITY BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
UNITED COMMUNITY BANK Conventional home mortgage Trouble during payment process 1 20.0%
UNITED COMMUNITY BANK Other type of mortgage Trouble during payment process 1 20.0%
UNITED COMMUNITY BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
United Bank 1 Rosemar Circle Parkersburg, WV 26104 Full Service B&M $58,311
United Bank 105 Hickman Road Tabor City, NC 28463 Full Service B&M $26,060
United Bank 106 West Washington Street Charles Town, WV 25414 Full Service B&M $95,902
United Bank 10641 Fairfax Blvd Fairfax, VA 22030 Full Service B&M $179,190
United Bank 10695-B Braddock Road Fairfax, VA 22032 Full Service B&M $189,500
United Bank 1079 Charleston Town Center Charleston, WV 25389 Full Service B&M $25,348
United Bank 10800-A Courthouse Rd Fredericksburg, VA 22408 Full Service B&M $21,819
United Bank 109 Three Springs Drive Weirton, WV 26062 Full Service B&M $70,810
United Bank 11 13th Avenue Ne Hickory, NC 28601 Full Service B&M $56,932
United Bank 110 North J.K. Powell Boulevard Whiteville, NC 28472 Full Service B&M $54,245
United Bank 110 University Boulevard Harrisonburg, VA 22801 Full Service B&M $154,103
United Bank 1100 Connecticut Ave Nw, Ste 100 Washington, DC 20036 Full Service B&M $1,026,530
United Bank 111 Strawberry Boulevard Chadbourn, NC 28431 Full Service B&M $47,920
United Bank 1111 West Poinsett Street Greer, SC 29650 Full Service B&M $175,898
United Bank 11185 Fairfax Blvd Fairfax, VA 22030 Full Service B&M $180,036
United Bank 113 North Street Ripley, WV 25271 Full Service B&M $149,039
United Bank 113 Penn Street Point Marion, PA 15474 Full Service B&M $28,939
United Bank 115 North Third St., Suite 101 Wilmington, NC 28403 Full Service B&M $18,444
United Bank 117 East Southerland Street Wallace, NC 28466 Full Service B&M $35,271
United Bank 1180 Hwy 17 Little River, SC 29566 Full Service B&M $42,033
United Bank 11820 Spectrum Center Reston, VA 20190 Full Service B&M $238,959
United Bank 120 Ox Bow Drive Strasburg, VA 22657 Full Service B&M $12,280
United Bank 1200 Grosscup Avenue Dunbar, WV 25064 Full Service B&M $107,457
United Bank 1201 Knox Abbott Drive Cayce, SC 29033 Full Service B&M $58,588
United Bank 12127 Rockville Pike Rockville, MD 20852 Full Service B&M $222,227
United Bank 1219 Mount Aetna Rd Hagerstown, MD 21742 Full Service B&M $71,479
United Bank 124 North Main Street Clover, SC 29710 Full Service B&M $97,649
United Bank 125-E Trade Court Mooresville, NC 28117 Full Service B&M $21,878
United Bank 1265 Seminole Trail, P.O. Box 7704, Zip Code 22906-7704 Charlottesville, VA 22901 Full Service B&M $182,766
United Bank 129 Main Street Beckley, WV 25802 Full Service B&M $228,913
United Bank 1293 Highway 16 North Denver, NC 28037 Full Service B&M $56,795
United Bank 1301 U Street, N.W. Washington, DC 20009 Full Service B&M $164,981
United Bank 13021 Ocean Highway Pawleys Island, SC 29585 Full Service B&M $27,858
United Bank 1304 Central Park Blvd Fredericksburg, VA 22401 Full Service B&M $38,825
United Bank 1311 Carolina Avenue Washington, NC 27889 Full Service B&M $63,970
United Bank 1320 Old Chain Bridge Road Mclean, VA 22101 Full Service B&M $346,061
United Bank 1378 Benvenue Rd. Rocky Mount, NC 27804 Full Service B&M $41,442
United Bank 13870 Smoketown Road - (Dale City) Woodbridge, VA 22192 Full Service B&M $161,314
United Bank 139 North Cameron Street Winchester, VA 22601 Full Service B&M $68,235
United Bank 14 Bethlehem Blvd Wheeling, WV 26003 Full Service B&M $35,467
United Bank 14000 Sullyfield Circle Chantilly, VA 20151 Full Service B&M $122,017
United Bank 142 N. Watkins Drive Forest City, NC 28043 Full Service B&M $48,408
United Bank 1447 North Frederick Pike Winchester, VA 22603 Full Service B&M $56,558
United Bank 145 West Maple Avenue Fayetteville, WV 25840 Full Service B&M $52,237
United Bank 1451 Dolly Madison Boulevard Mclean, VA 22101 Full Service B&M $206,028
United Bank 1492 Stuart Engals Boulevard Mount Pleasant, SC 29464 Full Service B&M $78,804
United Bank 1501 Market Street Wheeling, WV 26003 Limited, Drive-thru $0
United Bank 154 Fayette Street Morgantown, WV 26505 Full Service B&M $42,959
United Bank 1600 South Tarboro Street Wilson, NC 27893 Full Service B&M $27,983
United Bank 1612 Military Cutoff Road Wilmington, NC 28403 Full Service B&M $30,739
United Bank 1661 Smoot Avenue Danville, WV 25053 Full Service B&M $36,016
United Bank 17054 Jefferson Davis Hwy Dumfries, VA 22026 Full Service B&M $26,726
United Bank 1707 Se Greenville Boulevard Greenville, NC 27858 Full Service B&M $10,705
United Bank 1724 State Road Summerville, SC 29483 Full Service B&M $25,068
United Bank 1725 South Glenburnie Road New Bern, NC 28560 Full Service B&M $35,013
United Bank 1729 Shenandoah Avenue Front Royal, VA 22630 Full Service B&M $18,791
United Bank 1737 King Street Alexandria, VA 22314 Full Service B&M $156,880
United Bank 1750 Earl L Core Road Morgantown, WV 26505 Full Service B&M $34,655
United Bank 1825 Wisconsin Avenue, Nw Washington, DC 20007 Full Service B&M $45,048
United Bank 18750 North Pointe Drive Hagerstown, MD 21742 Full Service B&M $72,693
United Bank 1900 Centennial Park Drive Reston, VA 20191 Full Service B&M $103,892
United Bank 1900 W Vernon Avenue Kinston, NC 28504 Full Service B&M $42,603
United Bank 1980 South Main Street Harrisonburg, VA 22801 Full Service B&M $54,068
United Bank 199 Front Royal Pike Winchester, VA 22602 Full Service B&M $44,174
United Bank 20 Catoctin Circle Se Leesburg, VA 20175 Full Service B&M $92,913
United Bank 200 Fourth Street Montgomery, WV 25136 Full Service B&M $74,309
United Bank 200 North Cedar Street Summerville, SC 29483 Full Service B&M $69,571
United Bank 200 Smith Ave Shallotte, NC 28470 Full Service B&M $84,864
United Bank 20020 Midland Trail Ansted, WV 25812 Full Service B&M $19,653
United Bank 2004 West Webster Road Summersville, WV 26651 Full Service B&M $84,916
United Bank 201 West Broad Street Elizabethtown, NC 28337 Full Service B&M $51,550
United Bank 202 Main Avenue Weston, WV 26452 Full Service B&M $92,383
United Bank 2023 Sunset Boulevard West Columbia, SC 29169 Full Service B&M $66,142
United Bank 2030 Old Bridge Road Woodbridge, VA 22191 Full Service B&M $126,167
United Bank 2051 Northwestern Pike Winchester, VA 22603 Full Service Retail $19,959
United Bank 2069 East Hwy 501 Conway, SC 29526 Full Service B&M $39,235
United Bank 2071 Chain Bridge Road Vienna, VA 22182 Full Service B&M $1,185,855
United Bank 21 Twelfth Street Wheeling, WV 26003 Full Service B&M $223,263
United Bank 213 North Chestnut Street Mount Olive, NC 28365 Full Service B&M $30,424
United Bank 2180 National Rd Wheeling, WV 26003 Full Service B&M $59,011
United Bank 21885 Ryan Center Way Ashburn, VA 20147 Full Service B&M $228,596
United Bank 220 Main Street Logan, WV 25601 Full Service B&M $55,739
United Bank 2252 Valley Avenue Winchester, VA 22601 Full Service B&M $65,479
United Bank 234 Grand Central Mall Vienna, WV 26105 Full Service B&M $26,715
United Bank 23510 Overland Drive Sterling, VA 20166 Full Service B&M $45,510
United Bank 24 District Way Martinsburg, WV 25404 Full Service B&M $117,421
United Bank 2401 Mt. Vernon Ave. Alexandria, VA 22301 Full Service B&M $41,333
United Bank 2409 Columbia Pike Arlington, VA 22204 Full Service B&M $88,144
United Bank 241 Green Street Fayetteville, NC 28302 Full Service B&M $48,568
United Bank 2438 Robert C Byrd Drive Beckley, WV 25801 Full Service B&M $54,509
United Bank 2556 Jefferson Highway, Suite 110 Waynesboro, VA 22980 Full Service B&M $32,709
United Bank 2636 Highway 17 South Murrells Inlet, SC 29576 Full Service B&M $91,869
United Bank 2650 Grand Central Avenue Vienna, WV 26105 Full Service B&M $81,907
United Bank 2801 Cashwell Drive Goldsboro, NC 27534 Full Service B&M $22,007
United Bank 288 Meeting Street Charleston, SC 29401 Full Service B&M $258,732
United Bank 2889 Third Ave Huntington, WV 25702 Full Service B&M $198,462
United Bank 289 Garrisonville Road Stafford, VA 22554 Full Service B&M $39,241
United Bank 2901 Sunset Avenue Rocky Mount, NC 27804 Full Service B&M $78,840
United Bank 2930 Wilson Boulevard Arlington, VA 22201 Full Service B&M $327,864
United Bank 2999 U.S. Highway 17 South Chocowinity, NC 27817 Full Service B&M $41,148
United Bank 300 Market St Man, WV 25635 Full Service B&M $23,035
United Bank 300 North Market Street Washington, NC 27889 Full Service B&M $89,207
United Bank 300 Warren Avenue Front Royal, VA 22630 Full Service B&M $70,020
United Bank 301 East Arlington Boulevard Greenville, NC 27834 Full Service B&M $42,198
United Bank 3030 M Street, Nw Washington, DC 20007 Full Service B&M $279,316
United Bank 309 N Main St Bridgewater, VA 22812 Full Service B&M $24,180
United Bank 310 Wright Blvd Conway, SC 29526 Full Service B&M $22,390
United Bank 3103 North Main Street Hope Mills, NC 28348 Full Service B&M $25,557
United Bank 3105 North Croatan Highway Kill Devil Hills, NC 27948 Full Service B&M $30,511
United Bank 3178 Holden Beach Road S.W. Supply, NC 28462 Full Service B&M $34,027
United Bank 3198 Belmont Street Bellaire, OH 43906 Full Service B&M $47,495
United Bank 3289 Woodburn Road Annandale, VA 22003 Full Service B&M $115,095
United Bank 3317 Wade Hampton Boulelvard Taylors, SC 29687 Full Service B&M $48,464
United Bank 3567 Main Street Weirton, WV 26062 Full Service B&M $26,759
United Bank 361 South Main St Broadway, VA 22815 Full Service B&M $18,782
United Bank 3695 East North Street Greenville, SC 29615 Full Service B&M $38,362
United Bank 374 Maple Avenue East Vienna, VA 22180 Full Service B&M $170,529
United Bank 40 Hurley St Morgantown, WV 26505 Full Service B&M $66,555
United Bank 4021 University Drive Fairfax, VA 22030 Full Service B&M $85,366
United Bank 4095 Valley Pike Winchester, VA 22602 Full Service B&M $44,223
United Bank 410 West Spotswood Trail Elkton, VA 22827 Full Service B&M $26,100
United Bank 4100 Monument Corner Drive Fairfax, VA 22030 Full Service B&M $89,598
United Bank 412 South Front Street New Bern, NC 28560 Full Service B&M $27,525
United Bank 4215-01 University Drive Durham, NC 27707 Full Service B&M $36,829
United Bank 4230 John Marr Drive Annandale, VA 22003 Full Service B&M $119,568
United Bank 425 Robert C Byrd Drive Sophia, WV 25921 Full Service B&M $36,056
United Bank 430 Folly Road Charleston, SC 29412 Full Service B&M $46,240
United Bank 4309 Fayetteville Road Lumberton, NC 28358 Full Service B&M $43,610
United Bank 440 East Main Street Purcellville, VA 20132 Full Service B&M $59,904
United Bank 450 Foxcroft Avenue Martinsburg, WV 25401 Full Service B&M $313,255
United Bank 4501 Daly Drive Chantilly, VA 20151 Full Service B&M $149,451
United Bank 4506 Socastee Boulevard Myrtle Beach, SC 29588 Full Service B&M $24,603
United Bank 46005 Regal Plaza St 180 Sterling, VA 20165 Full Service B&M $111,168
United Bank 4605 Pennsylvania Avenue Charleston, WV 25302 Full Service B&M $49,693
United Bank 4710 Oleander Drive Wilmington, NC 28403 Full Service B&M $25,772
United Bank 47560 Highway 12 Buxton, NC 27920 Full Service B&M $49,161
United Bank 4800 Six Forks Road Raleigh, NC 27609 Full Service B&M $48,769
United Bank 4900 Massachusetts Avenue, N.W. Washington, DC 20016 Full Service B&M $99,249
United Bank 4901 Maccorkle Avenue Se Charleston, WV 25304 Full Service B&M $41,607
United Bank 4913 Arendell Street Morehead City, NC 28557 Full Service B&M $81,993
United Bank 4945 Southport Supply Road Southport, NC 28461 Full Service B&M $47,315
United Bank 500 Virginia Street East Charleston, WV 25301 Full Service B&M $1,049,573
United Bank 501 C Jefferson David Hwy Fredericksburg, VA 22401 Full Service B&M $33,221
United Bank 506 King Street Alexandria, VA 22314 Full Service B&M $79,876
United Bank 507 Holly Ave Route 10 Logan, WV 25601 Full Service B&M $20,312
United Bank 514 Market Street Parkersburg, WV 26101 Full Service B&M $582,552
United Bank 5140 Duke Street Alexandria, VA 22304 Full Service B&M $122,084
United Bank 517 9th Street Huntington, WV 25701 Full Service B&M $49,930
United Bank 5196 Charlotte Highway Lake Wylie, SC 29710 Full Service B&M $48,376
United Bank 531 A East Market Street Leesburg, VA 20176 Full Service B&M $49,215
United Bank 534 South New Hope Road Gastonia, NC 28054 Full Service B&M $110,812
United Bank 5350 Lee Highway Arlington, VA 22207 Full Service B&M $445,097
United Bank 54 Franklin St Suite 102 Weyers Cave, VA 24486 Full Service B&M $41,233
United Bank 5410 Wisconsin Avenue Chevy Chase, MD 20815 Full Service B&M $224,185
United Bank 5453 Williamsport Pike Martinsburg, WV 25404 Full Service B&M $29,324
United Bank 550 Emily Drive Clarksburg, WV 26301 Full Service Retail $12,670
United Bank 555 C Street Ceredo, WV 25507 Full Service B&M $118,152
United Bank 5561 West Memorial Blvd Saint George, SC 29477 Full Service B&M $39,059
United Bank 5766 Union Mill Road Clifton, VA 20124 Full Service B&M $113,799
United Bank 601 North Main Street Greer, SC 29650 Full Service B&M $42,893
United Bank 604 East Ehringhaus Street Elizabeth City, NC 27909 Full Service B&M $19,736
United Bank 621 Seventh Street Moundsville, WV 26041 Full Service B&M $154,989
United Bank 624 Chicago Ave Harrisonburg, VA 22802 Limited, Drive-thru $0
United Bank 624 Chicago Avenue Harrisonburg, VA 22802 Full Service B&M $12,649
United Bank 6375 Multiplex Drive Centreville, VA 20121 Full Service B&M $71,834
United Bank 6801 Morrison Boulevard, Suite 102 Charlotte, NC 28211 Full Service B&M $36,400
United Bank 689 Fairmont Road Morgantown, WV 26501 Full Service B&M $73,111
United Bank 69 Main Street Smithfield, PA 15478 Full Service B&M $88,368
United Bank 700 Main Street North Myrtle Beach, SC 29582 Full Service B&M $65,865
United Bank 705 Executive Place Fayetteville, NC 28305 Full Service B&M $39,735
United Bank 7115 Leesburg Pike Ste 101 Falls Church, VA 22043 Full Service B&M $148,381
United Bank 716 West Main Street Ripley, WV 25271 Limited, Drive-thru $0
United Bank 7315 Wisconsin Avenue Bethesda, MD 20814 Full Service B&M $146,802
United Bank 7699 Winchester Avenue Inwood, WV 25428 Full Service B&M $39,460
United Bank 7830 Backlick Rd Ste 101 Springfield, VA 22150 Full Service B&M $49,544
United Bank 7845 Wisconsin Avenue Bethesda, MD 20814 Full Service B&M $582,406
United Bank 7867 Martinsburg Pike Shepherdstown, WV 25443 Full Service B&M $49,447
United Bank 7901 Richmond Highway Alexandria, VA 22306 Full Service B&M $31,463
United Bank 7905 Heritage Village Plaza Gainesville, VA 20155 Full Service B&M $51,171
United Bank 81 W Main Street Uniontown, PA 15401 Full Service B&M $281,652
United Bank 8270 Greensboro Dr. Suite 500 Mclean, VA 22102 Full Service B&M $453,215
United Bank 8323 Sudley Road Manassas, VA 20109 Full Service B&M $81,269
United Bank 840 Sunset Blvd North Sunset Beach, NC 28468 Full Service B&M $50,743
United Bank 8485 Dorchester Road North Charleston, SC 29418 Full Service B&M $30,413
United Bank 8630 Fenton Street Silver Spring, MD 20910 Full Service B&M $37,612
United Bank 871 S Buncombe Rd Greer, SC 29650 Full Service B&M $33,906
United Bank 884 Orleans Road Charleston, SC 29407 Full Service B&M $90,050
United Bank 90 Railroad Avenue East Cowen, WV 26206 Full Service B&M $12,393
United Bank 901 East Main Street Lincolnton, NC 28092 Full Service B&M $146,669
United Bank 100 Fifth Street Southeast Charlottesville, VA 22902 Full Service B&M $42,003
United Bank 100 Walnut Hill Road Uniontown, PA 15401 Full Service B&M $56,223
United Bank 1001 G Street, N.W. Washington, DC 20001 Full Service B&M $212,033
United Bank 101 East Main Street Glenville, WV 26351 Full Service B&M $101,460
United Bank 101 Venture Drive Morgantown, WV 26508 Full Service B&M $73,556
United Bank 1014 South Main Street Woodstock, VA 22664 Full Service B&M $52,476
United Bank 103 Arcade Street Lake Lure, NC 28746 Full Service B&M $33,714
United Bank 990 Elmer Prince Drive Morgantown, WV 26505 Full Service B&M $988,591
United Bank 991 38th Avenue North Myrtle Beach, SC 29577 Full Service B&M $334,146
United Bank One Court Square Webster Springs, WV 26288 Full Service B&M $41,875
United Bank Route 34 At Poplar Fork Road Scott Depot, WV 25560 Full Service B&M $74,426
United Bank 907 E. Firetower Road Greenville, NC 27835 Full Service B&M $28,870
United Bank 96 Main Street Stanardsville, VA 22973 Full Service B&M $61,131
United Bank 9626 Center Street Manassas, VA 20110 Full Service B&M $178,668
United Bank 9872 Liberia Avenue Manassas, VA 20110 Full Service B&M $72,634

For 2021, United Bank had 204 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $794,775
Net interest income $751,112
Total noninterest income $267,651
Gross Fiduciary activities income $16,552
Service charges on deposit accounts $23,175
Trading account gains and fees $0
Additional Noninterest Income $227,924
Pre-tax net operating income $465,841
Securities gains (or losses, -) $1,157
Income before extraordinary items $371,007
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $371,007
Minority interest net income $0
Net income $371,007
Sale, conversion, retirement of capital stock, net $0
Net operating income $370,092

United Bank's gross interest income from loans was $794,775,000.
United Bank's net interest income from loans was $751,112,000.
United Bank's fee based income from loans was $23,175,000.
United Bank's net income from loans was $371,007,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $43,663
Provision for credit losses $-12,781
Total noninterest expense $565,703
Salaries and employee benefits $304,013
Premises and equipment expense $68,198
Additional noninterest expense $193,492
Applicable income taxes $95,991
Net charge-offs $8,719
Cash dividends $287,500

United Bank's interest expense for loans was $43,663,000.
United Bank's payroll and benefits expense were $304,013,000.
United Bank's property, plant and equipment expenses $68,198,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 2.1%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $23,614,037
Deposits held in domestic offices $23,614,037
Deposits by Individuals, partnerships, and corporations $22,265,207
Deposits by U.S. Government $15
Deposits by States and political subdivisions in the U.S. $1,347,586
Deposits by Commercial banks and other depository institutions in U.S. $1,229
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $12,721,617
Demand deposits $8,987,262
Nontransaction accounts $10,892,420
Money market deposit accounts (MMDAs) $6,618,946
Other savings deposits (excluding MMDAs) $1,637,919
Total time deposits $2,635,555
Total time and savings deposits $14,626,775
Noninterest-bearing deposits $8,987,262
Interest-bearing deposits $14,626,775
Retail deposits $22,986,810
IRAs and Keogh plan accounts $308,175
Brokered deposits $48,837
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $29,289,723
Cash & Balances due from depository institutions $3,756,258
Interest-bearing balances $3,473,409
Total securities $4,030,088
Federal funds sold & reverse repurchase $927
Net loans and leases $18,312,048
Loan and leases loss allowance $216,016
Trading account assets $0
Bank premises and fixed assets $279,162
Other real estate owned $14,823
Goodwill and other intangibles $1,950,766
All other assets $945,651

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $29,289,723
Total Liabilities $24,505,135
Total deposits $23,614,037
Interest-bearing deposits $14,626,775
Deposits held in domestic offices $23,614,037
% insured (estimated) $58
Federal funds purchased and repurchase agreements $128,844
Trading liabilities $0
Other borrowed funds $532,199
Subordinated debt $0
All other liabilities $230,055

Issued Loan Types

Type Value (in 000's)
Net loans and leases $18,312,048
Loan and leases loss allowance $216,016
Total loans and leases (domestic) $18,528,064
All real estate loans $13,918,994
Real estate loans in domestic offices $13,918,994
Construction and development loans $2,014,164
Residential 1-4 family construction $326,436
Other construction, all land development and other land $1,687,728
Loans secured by nonfarm nonresidential properties $6,463,947
Nonfarm nonresidential secured by owner-occupied properties $1,733,176
Commercial real estate & other non-farm, non-residential $4,730,771
Multifamily residential real estate $1,199,124
1-4 family residential loans $4,214,366
Farmland loans $27,393
Loans held in foreign offices $0
Farm loans $10,443
Commercial and industrial loans $2,501,070
To non-U.S. addressees $0
Loans to individuals $1,189,375
Credit card loans $8,913
Related Plans $3,470
Consumer Auto Loans $1,144,274
Other loans to individuals $32,718
All other loans & leases $908,182
Loans to foreign governments and official institutions $0
Other loans $570,633
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $60,739
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $13,333
Non 1-4 family restructured loans & leases $10,038
Total loans and leases (foreign) $0

United Bank had $18,312,048,000 of loans outstanding in 2021. $13,918,994,000 of loans were in real estate loans. $2,014,164,000 of loans were in development loans. $1,199,124,000 of loans were in multifamily mortgage loans. $4,214,366,000 of loans were in 1-4 family mortgage loans. $10,443,000 of loans were in farm loans. $8,913,000 of loans were in credit card loans. $1,144,274,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 3,358 $924,643 $275,355
Nonfarm, nonresidential loans - <$100k 388 $20,478 $52,778
Nonfarm, nonresidential loans - $100-250k 1,073 $138,627 $129,196
Nonfarm, nonresidential loans - $250k-1MM 1,897 $765,538 $403,552
Commercial & Industrial, US addressed loans - <$1MM 12,826 $693,998 $54,109
Commercial & Industrial, US addressed loans - <$100k 10,817 $299,304 $27,670
Commercial & Industrial, US addressed loans - $100-250k 1,135 $125,747 $110,790
Commercial & Industrial, US addressed loans - $250k-1MM 874 $268,947 $307,720
Farmland loans - <$1MM 105 $15,145 $144,238
Farmland loans - <$100k 31 $1,205 $38,871
Farmland loans - $100-250k 39 $4,432 $113,641
Farmland loans - $250k-1MM 35 $9,508 $271,657
Agriculture operations loans - <$1MM 145 $7,835 $54,034
Agriculture operations loans - <$100k 116 $2,935 $25,302
Agriculture operations loans - $100-250k 16 $1,643 $102,688
Agriculture operations loans - $250k-1MM 13 $3,257 $250,538