United Bank Mortgage Rates, Fees & Info

Fairfax, VA

LEI: 549300MKOZ81ZWTNKB12

Tax ID: 54-1071198

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    United Bank is a smaller 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 by origination volume include: Washington, Morgantown, Huntington, Hagerstown, and Charleston among others. We have data for 61 markets. (Some data included below & more in-depth data is available with an active subscription.)

    United Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. United Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/21/24
    30 Year Conventional Purchase 6.56% 4/21/24
    30 Year Conventional Refi 6.52% 4/21/24
    30 Year Cash-out Refi 6.76% 4/21/24
    30 Year FHA Purchase 7.12% 4/21/24
    30 Year FHA Refi 6.27% 4/21/24
    30 Year VA Purchase 5.94% 4/21/24
    30 Year USDA Purchase 6.60% 4/21/24
    15 Year Conventional Purchase 6.45% 4/21/24
    15 Year Conventional Refi 6.03% 4/21/24
    15 Year Cash-out Refi 6.03% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    United Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from United Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,686

    Origination Dollar Volume (All Markets)

    $450,280,000

    Employee count

    2,144 Show all (16) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 427 $138,365,000 $324,040 $4,798 5.14%
    MORGANTOWN, WV (FHA|USDA|VA) 154 $33,270,000 $216,039 $3,443 4.65%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 147 $31,105,000 $211,599 $3,286 4.44%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 127 $30,965,000 $243,819 $3,361 4.90%
    Outside of Metro Areas 86 $25,120,000 $292,093 $3,289 4.79%
    CHARLESTON, WV (FHA|USDA|VA) 138 $24,690,000 $178,913 $3,634 4.60%
    Clarksburg, WV (FHA|USDA|VA) 11 $22,325,000 $2,029,545 $3,252 4.11%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 15 $16,755,000 $1,117,000 $3,189 4.76%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 81 $12,885,000 $159,074 $3,277 4.71%
    BECKLEY, WV (FHA|USDA|VA) 77 $11,545,000 $149,935 $2,809 4.55%
    PITTSBURGH, PA (FHA|USDA|VA) 85 $11,415,000 $134,294 $2,378 5.10%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $10,785,000 $2,157,000 $6,917 4.63%
    WHEELING, WV-OH (FHA|USDA|VA) 75 $7,765,000 $103,533 $2,665 4.72%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $7,295,000 $2,431,667 $6,655 4.13%
    RICHMOND, VA (FHA|USDA|VA) 28 $6,720,000 $240,000 $0 5.30%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 7 $5,755,000 $822,143 $3,388 4.15%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 20 $4,950,000 $247,500 $0 5.37%
    WINCHESTER, VA-WV (FHA|USDA|VA) 24 $4,350,000 $181,250 $6,297 4.94%
    Indiana, PA (FHA|USDA|VA) 1 $4,305,000 $4,305,000 $0 4.95%
    HARRISONBURG, VA (FHA|USDA|VA) 40 $4,240,000 $106,000 $425 5.31%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $3,160,000 $1,580,000 $9,049 3.69%
    Easton, MD (FHA|USDA|VA) 1 $2,705,000 $2,705,000 $0 4.00%
    SALISBURY, MD-DE (FHA|USDA|VA) 5 $2,565,000 $513,000 $4,714 4.39%
    Fairmont, WV (FHA|USDA|VA) 17 $2,545,000 $149,706 $3,886 4.36%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $2,165,000 $433,000 $3,178 3.91%
    STAUNTON, VA (FHA|USDA|VA) 17 $2,005,000 $117,941 $0 5.20%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 9 $1,815,000 $201,667 $3,843 4.60%
    Georgetown, SC (FHA|USDA|VA) 1 $1,675,000 $1,675,000 $0 3.99%
    Marietta, OH (FHA|USDA|VA) 10 $1,490,000 $149,000 $3,613 4.90%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 4 $1,310,000 $327,500 $3,430 3.78%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 18 $1,240,000 $68,889 $2,325 4.81%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $1,235,000 $1,235,000 $7,421 3.75%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $1,225,000 $1,225,000 $0 5.31%
    Martinsville, VA (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $0 5.87%
    Mount Gay-Shamrock, WV (FHA|USDA|VA) 12 $970,000 $80,833 $2,883 4.86%
    Portsmouth, OH (FHA|USDA|VA) 2 $950,000 $475,000 $7,128 4.06%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $775,000 $775,000 $6,984 3.99%
    Cambridge, MD (FHA|USDA|VA) 1 $685,000 $685,000 $3,954 4.13%
    COLUMBUS, OH (FHA|USDA|VA) 3 $635,000 $211,667 $3,343 3.87%
    Traverse City, MI (FHA|USDA|VA) 1 $505,000 $505,000 $3,322 3.63%
    WACO, TX (FHA|USDA|VA) 1 $475,000 $475,000 $5,308 3.88%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $460,000 $230,000 $4,633 4.38%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $425,000 $425,000 $2,437 4.25%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $415,000 $415,000 $0 6.50%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $385,000 $385,000 $4,938 3.50%
    Sevierville, TN (FHA|USDA|VA) 1 $335,000 $335,000 $3,702 3.50%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $325,000 $325,000 $0 6.00%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $315,000 $315,000 $2,563 3.75%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,576 4.38%
    Bluefield, WV-VA (FHA|USDA|VA) 2 $230,000 $115,000 $3,805 3.38%
    Point Pleasant, WV-OH (FHA|USDA|VA) 1 $195,000 $195,000 $6,697 3.38%
    Mount Sterling, KY (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.65%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,124 3.88%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.75%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.00%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,599 4.13%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $105,000 $105,000 $3,221 4.00%
    Shelby, NC (FHA|USDA|VA) 1 $95,000 $95,000 $3,046 4.50%
    MANSFIELD, OH (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.25%
    ROANOKE, VA (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.88%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $25,000 $25,000 $1,826 4.25%
    United Bank's top markets include Washington, Morgantown, Huntington, Hagerstown, and Charleston among others.

    Their top states include:
  • West Virginia (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against United Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Huntington Federal Savings Bank
    Similarity Rank: 12
    Belmont Savings Bank
    Similarity Rank: 35
    Barley Mortgage, LLC
    Similarity Rank: 48
    The United Federal Credit Union
    Similarity Rank: 60
    Liberty Bank
    Similarity Rank: 64
    TRI BORO
    Similarity Rank: 70
    PATRIOT
    Similarity Rank: 96
    OHIO VALLEY COMMUNITY FEDERAL CREDIT UNION
    Similarity Rank: 105
    The Ohio Valley Bank Company
    Similarity Rank: 126
    American Financial Mortgage Corporation
    Similarity Rank: 172

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 871 $342,475,000 $393,197 $3,392 4.43%
    HELOC 751 $96,875,000 $128,995 n/a 5.34%
    FHA 26 $2,190,000 $84,231 $3,116 5.12%
    VA 20 $6,060,000 $303,000 $5,213 3.64%
    USDA 18 $2,680,000 $148,889 $4,260 3.72%

    For 2019, United Bank's most frequently originated type of loan was Conventional, with 871 originations. Their 2nd most popular type was HELOC, with 751 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 590 $182,550,000 $309,407 $3,900 4.39%
    Refi 446 $164,450,000 $368,722 $2,942 4.92%
    Home Improvement 286 $47,760,000 $166,993 $1,392 5.33%
    Other 270 $30,290,000 $112,185 $1,738 5.36%
    Cash Out Refi 94 $25,230,000 $268,404 $3,192 4.03%

    For 2019, United Bank's most frequently cited loan purpose was Home Purchase, with 590 originations. The 2nd most popular reason was Refi, with 446 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 803 $165,295,000 $205,847 $2,269 5.32%
    30 Year 456 $122,720,000 $269,123 $3,521 4.01%
    15 Year 193 $43,385,000 $224,793 $3,038 4.46%
    10 Year 70 $37,290,000 $532,714 $896 5.24%
    5 Year 62 $34,760,000 $560,645 $698 5.10%
    30+ year 42 $27,270,000 $649,286 $7,117 4.08%
    1 Year 29 $10,145,000 $349,828 $0 5.75%
    20 Year 26 $2,810,000 $108,077 $2,347 5.07%
    3 Year 5 $6,605,000 $1,321,000 $0 5.00%

    For 2019, United Bank's most frequently cited loan duration was Other, with 803 originations. The 2nd most popular length was 30 Year, with 456 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 493 $145,145,000 $294,412
    $<1k 134 $21,790,000 $162,612
    $2k-3k 3 $675,000 $225,000
    $5k+ 3 $6,445,000 $2,148,333
    $3k-4k 1 $195,000 $195,000

    United Bank's average total fees were $3,521, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 493 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 723 $135,755,000 $187,766
    4-5% 529 $154,065,000 $291,238
    3-4% 389 $151,375,000 $389,139
    6-7% 44 $8,780,000 $199,545
    2.5-3% 1 $305,000 $305,000

    During 2019, United Bank's average interest rate for loans was 4.01%, while their most frequently originated rate bucket for loans was 5-6%, with 723 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 628 $33,000,000 $52,548 $2,171 5.21%
    $100k-200k 470 $66,360,000 $141,191 $3,152 4.70%
    $200k-400k 383 $102,955,000 $268,812 $3,715 4.56%
    $400k-600k 92 $44,070,000 $479,022 $4,229 4.32%
    $1MM+ 59 $163,505,000 $2,771,271 $9,165 4.58%
    $600k-1MM 54 $40,390,000 $747,963 $5,337 4.51%

    2019 saw United Bank place emphasis on $100,000 or less loans with 628 originations, totaling $33,000,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 276 $57,090,000 $206,848 $3,627 4.87%
    $100k-150k 266 $44,740,000 $168,195 $3,496 4.74%
    $250k+ 244 $110,280,000 $451,967 $4,880 4.66%
    $50k-75k 237 $34,245,000 $144,494 $3,079 4.68%
    $50k or less 231 $20,905,000 $90,498 $2,667 4.86%
    $75k-100k 206 $27,900,000 $135,437 $3,219 4.81%

    United Bank lent most frequently to those with incomes in the $150k-250k range, with 276 originations. The second most popular income band? $100k-150k, with 266 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 396 $75,800,000 $191,414 $3,446 4.68%
    30-36% 269 $40,965,000 $152,286 $3,131 4.76%
    <20% 259 $61,985,000 $239,324 $3,547 4.69%
    42% 88 $12,140,000 $137,955 $3,462 5.09%
    40% 59 $14,815,000 $251,102 $3,974 4.79%
    41% 48 $8,210,000 $171,042 $3,719 5.04%
    39% 46 $11,730,000 $255,000 $4,129 4.75%
    37% 44 $9,340,000 $212,273 $4,199 4.80%
    38% 42 $6,620,000 $157,619 $2,708 5.02%
    36% 39 $8,745,000 $224,231 $3,468 4.60%
    43% 30 $5,790,000 $193,000 $3,236 4.52%
    46% 15 $2,175,000 $145,000 $3,061 4.73%
    44% 13 $1,745,000 $134,231 $3,303 4.29%
    48% 12 $3,780,000 $315,000 $4,263 4.60%
    45% 10 $2,250,000 $225,000 $4,069 4.31%
    50-60% 10 $2,550,000 $255,000 $4,699 4.69%
    49% 8 $1,420,000 $177,500 $2,968 4.22%
    >60% 7 $3,175,000 $453,571 $5,443 4.66%
    47% 5 $595,000 $119,000 $3,191 5.28%

    United Bank lent most frequently to those with DTI ratios of 20-30%, with 396 originations. The next most common DTI ratio? 30-36%, with 269 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,363 $261,345,000 $191,742 $3,450 4.77%
    Not applicable 173 $146,435,000 $846,445 $0 5.22%
    Not provided 66 $24,900,000 $377,273 $3,162 4.78%
    Asian 48 $11,400,000 $237,500 $3,455 4.92%
    Black 30 $5,390,000 $179,667 $3,984 4.90%
    Asian Indian 2 $510,000 $255,000 $0 5.25%
    American Indian 2 $220,000 $110,000 $3,088 4.88%
    Filipino 1 $55,000 $55,000 $0 5.25%
    Other Asian 1 $25,000 $25,000 $0 5.75%

    Approval Rates

    Total approvals of all applications
    89.76%

    United Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.26%

    United Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,686 $450,280,000 $267,070

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 4 $4,190,000 $1,047,500
    Multifamily:Site-Built 48 $80,680,000 $1,680,833
    Single Family (1-4 Units):Manufactured 1 $55,000 $55,000
    Single Family (1-4 Units):Site-Built 1,633 $365,355,000 $223,732

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 293 $45,855,000 $156,502 $2,122 5.28%
    40-60% 215 $56,715,000 $263,791 $3,063 4.79%
    60-80% 401 $172,305,000 $429,688 $3,269 4.66%
    80-100% 415 $135,775,000 $327,169 $3,887 4.22%
    Over 100% 7 $2,355,000 $336,429 $14,738 5.17%
    Under 20% 355 $37,275,000 $105,000 $706 5.36%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Conventional home mortgage Struggling to pay mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    United Bank 550 Emily Drive Clarksburg, WV 26301 Full Service Retail $14,060
    United Bank 1 Rosemar Circle Parkersburg, WV 26104 Full Service B&M $50,756
    United Bank 100 Fifth Street Southeast Charlottesville, VA 22902 Full Service B&M $35,048
    United Bank 100 Walnut Hill Road Uniontown, PA 15401 Full Service B&M $44,288
    United Bank 1001 G Street, N.W. Washington, DC 20001 Full Service B&M $135,148
    United Bank 1001 Wisconsin Avenue, N.W. Washington, DC 20007 Full Service B&M $216,360
    United Bank 101 East Main Street Glenville, WV 26351 Full Service B&M $98,552
    United Bank 101 Venture Drive Morgantown, WV 26508 Full Service B&M $51,801
    United Bank 1014 South Main Street Woodstock, VA 22664 Full Service B&M $41,857
    United Bank 106 West Washington Street Charles Town, WV 25414 Full Service B&M $79,031
    United Bank 10641 Fairfax Blvd Fairfax, VA 22030 Full Service B&M $159,404
    United Bank 10695-B Braddock Road Fairfax, VA 22032 Full Service B&M $173,546
    United Bank 1079 Charleston Town Center Charleston, WV 25389 Full Service B&M $20,882
    United Bank 10800-A Courthouse Rd Fredericksburg, VA 22408 Full Service B&M $16,695
    United Bank 10830 Balls Ford Road Manassas, VA 20109 Full Service B&M $57,299
    United Bank 109 Three Springs Drive Weirton, WV 26062 Full Service B&M $63,616
    United Bank 110 University Boulevard Harrisonburg, VA 22801 Full Service B&M $108,105
    United Bank 11185 Main Street Fairfax, VA 22030 Full Service B&M $135,805
    United Bank 113 North Street Ripley, WV 25271 Full Service B&M $117,882
    United Bank 113 Penn Street Point Marion, PA 15474 Full Service B&M $23,738
    United Bank 11820 Spectrum Center Reston, VA 20190 Full Service B&M $193,146
    United Bank 120 Main Street Ansted, WV 25812 Full Service B&M $16,453
    United Bank 120 Ox Bow Drive Strasburg, VA 22657 Full Service B&M $7,798
    United Bank 1200 Grosscup Avenue Dunbar, WV 25064 Full Service B&M $82,200
    United Bank 12127 Rockville Pike Rockville, MD 20852 Full Service B&M $170,908
    United Bank 1219 Mount Aetna Rd Hagerstown, MD 21742 Full Service B&M $40,855
    United Bank 1265 Seminole Trail, P.O. Box 7704, Zip Code 22906-7704 Charlottesville, VA 22901 Full Service B&M $123,372
    United Bank 1269 Warwood Ave Wheeling, WV 26003 Full Service B&M $15,873
    United Bank 129 Main Street Beckley, WV 25802 Full Service B&M $174,567
    United Bank 1301 U Street, N.W. Washington, DC 20009 Full Service B&M $36,100
    United Bank 1304 Central Park Blvd Fredericksburg, VA 22401 Full Service B&M $35,124
    United Bank 1320 Old Chain Bridge Road Mclean, VA 22101 Full Service B&M $321,462
    United Bank 13870 Smoketown Road - (Dale City) Woodbridge, VA 22192 Full Service B&M $85,467
    United Bank 139 North Cameron Street Winchester, VA 22601 Full Service B&M $54,661
    United Bank 14 Bethlehem Blvd Wheeling, WV 26003 Full Service B&M $29,498
    United Bank 14000 Sullyfield Circle Chantilly, VA 20151 Full Service B&M $109,977
    United Bank 1447 North Frederick Pike Winchester, VA 22603 Full Service B&M $44,194
    United Bank 145 West Maple Avenue Fayetteville, WV 25840 Full Service B&M $39,462
    United Bank 1451 Dolly Madison Boulevard Mclean, VA 22101 Full Service B&M $179,917
    United Bank 1501 Market Street Wheeling, WV 26003 Limited, Drive-thru $0
    United Bank 154 Fayette Street Morgantown, WV 26505 Full Service B&M $37,924
    United Bank 16268 Frederick Road Gaithersburg, MD 20877 Full Service B&M $36,071
    United Bank 1661 Smoot Avenue Danville, WV 25053 Full Service B&M $31,521
    United Bank 17054 Jefferson Davis Hwy Dumfries, VA 22026 Full Service B&M $16,961
    United Bank 1729 Shenandoah Avenue Front Royal, VA 22630 Full Service B&M $14,933
    United Bank 1737 King Street Alexandria, VA 22314 Full Service B&M $148,729
    United Bank 1750 Earl L Core Road Morgantown, WV 26505 Full Service B&M $27,396
    United Bank 1776 K Street, Nw Washington, DC 20006 Full Service B&M $767,957
    United Bank 1825 Wisconsin Avenue, Nw Washington, DC 20007 Full Service B&M $52,083
    United Bank 2180 National Rd Wheeling, WV 26003 Full Service B&M $49,326
    United Bank 18750 North Pointe Drive Hagerstown, MD 21742 Full Service B&M $26,726
    United Bank 1900 Centennial Park Drive Reston, VA 20191 Full Service B&M $82,955
    United Bank 1980 South Main Street Harrisonburg, VA 22801 Full Service B&M $38,277
    United Bank 199 Front Royal Pike Winchester, VA 22602 Full Service B&M $25,973
    United Bank 20 Catoctin Circle Se Leesburg, VA 20175 Full Service B&M $122,143
    United Bank 200 Fourth Street Montgomery, WV 25136 Full Service B&M $57,239
    United Bank 2004 West Webster Road Summersville, WV 26651 Full Service B&M $57,328
    United Bank 202 Main Avenue Weston, WV 26452 Full Service B&M $77,063
    United Bank 2030 Old Bridge Road Woodbridge, VA 22191 Full Service B&M $88,389
    United Bank 2051 Northwestern Pike Winchester, VA 22603 Full Service Retail $15,136
    United Bank 2071 Chain Bridge Road Vienna, VA 22182 Full Service B&M $1,403,835
    United Bank 21 Twelfth Street Wheeling, WV 26003 Full Service B&M $140,532
    United Bank 21885 Ryan Center Way Ashburn, VA 20147 Full Service B&M $129,186
    United Bank 220 Main Street Logan, WV 25601 Full Service B&M $43,637
    United Bank 2252 Valley Avenue Winchester, VA 22601 Full Service B&M $58,381
    United Bank 234 Grand Central Mall Vienna, WV 26105 Full Service B&M $23,986
    United Bank 23510 Overland Drive Sterling, VA 20166 Full Service B&M $29,411
    United Bank 24 District Way Martinsburg, WV 25404 Full Service B&M $57,055
    United Bank 2401 Mt. Vernon Ave. Alexandria, VA 22301 Full Service B&M $28,362
    United Bank 2409 Columbia Pike Arlington, VA 22204 Full Service B&M $79,621
    United Bank 2438 Robert C Byrd Drive Beckley, WV 25801 Full Service B&M $40,797
    United Bank 2556 Jefferson Highway, Suite 110 Waynesboro, VA 22980 Full Service B&M $30,297
    United Bank 2650 Grand Central Avenue Vienna, WV 26105 Full Service B&M $73,841
    United Bank 2889 Third Ave Huntington, WV 25702 Full Service B&M $166,090
    United Bank 289 Garrisonville Road Stafford, VA 22554 Full Service B&M $44,365
    United Bank 2930 Wilson Boulevard Arlington, VA 22201 Full Service B&M $145,402
    United Bank 300 Market St Man, WV 25635 Full Service B&M $23,084
    United Bank 300 Warren Avenue Front Royal, VA 22630 Full Service B&M $46,970
    United Bank 309 N Main St Bridgewater, VA 22812 Full Service B&M $24,379
    United Bank 3198 Belmont Street Bellaire, OH 43906 Full Service B&M $42,801
    United Bank 3289 Woodburn Road Annandale, VA 22003 Full Service B&M $91,862
    United Bank 3567 Main Street Weirton, WV 26062 Full Service B&M $13,844
    United Bank 361 South Main St Broadway, VA 22815 Full Service B&M $13,005
    United Bank 374 Maple Avenue East Vienna, VA 22180 Full Service B&M $129,460
    United Bank 40 Hurley St Morgantown, WV 26505 Full Service B&M $74,597
    United Bank 4021 University Drive Fairfax, VA 22030 Full Service B&M $63,821
    United Bank 4095 Valley Pike Winchester, VA 22602 Full Service B&M $33,227
    United Bank 410 West Spotswood Trail Elkton, VA 22827 Full Service B&M $19,588
    United Bank 4100 Monument Corner Drive Fairfax, VA 22030 Full Service B&M $52,636
    United Bank 4230 John Marr Drive Annandale, VA 22003 Full Service B&M $107,700
    United Bank 425 Robert C Byrd Drive Sophia, WV 25921 Full Service B&M $29,773
    United Bank 440 East Main Street Purcellville, VA 20132 Full Service B&M $58,500
    United Bank 450 Foxcroft Avenue Martinsburg, WV 25401 Full Service B&M $170,023
    United Bank 4501 Daly Drive Chantilly, VA 20151 Full Service B&M $99,976
    United Bank 46005 Regal Plaza St 180 Sterling, VA 20165 Full Service B&M $92,422
    United Bank 4605 Pennsylvania Avenue Charleston, WV 25302 Full Service B&M $39,170
    United Bank 473 Camden Road Huntington, WV 25704 Full Service B&M $27,610
    United Bank 4900 Massachusetts Avenue, N.W. Washington, DC 20016 Full Service B&M $59,414
    United Bank 4901 Maccorkle Avenue Se Charleston, WV 25304 Full Service B&M $29,615
    United Bank 500 Virginia Street East Charleston, WV 25301 Full Service B&M $1,214,588
    United Bank 501 C Jefferson David Hwy Fredericksburg, VA 22401 Full Service B&M $32,737
    United Bank 506 King Street Alexandria, VA 22314 Full Service B&M $64,902
    United Bank 507 Holly Ave Route 10 Logan, WV 25601 Full Service B&M $20,652
    United Bank 514 Market Street Parkersburg, WV 26101 Full Service B&M $399,836
    United Bank 5140 Duke Street Alexandria, VA 22304 Full Service B&M $85,555
    United Bank 531 A East Market Street Leesburg, VA 20176 Full Service B&M $35,265
    United Bank 5350 Lee Highway Arlington, VA 22207 Full Service B&M $277,931
    United Bank 54 Franklin St Suite 102 Weyers Cave, VA 24486 Full Service B&M $28,653
    United Bank 5410 Wisconsin Avenue Chevy Chase, MD 20815 Full Service B&M $150,687
    United Bank 5453 Williamsport Pike Martinsburg, WV 25404 Full Service B&M $19,324
    United Bank 555 C Street Ceredo, WV 25507 Full Service B&M $72,578
    United Bank 5766 Union Mill Road Clifton, VA 20124 Full Service B&M $91,999
    United Bank 621 Seventh Street Moundsville, WV 26041 Full Service B&M $127,055
    United Bank 624 Chicago Ave Harrisonburg, VA 22802 Limited, Drive-thru $0
    United Bank 6375 Multiplex Drive Centreville, VA 20121 Full Service B&M $69,011
    United Bank 6500 Williamsburg Boulevard Arlington, VA 22213 Full Service B&M $121,295
    United Bank 677 Chicago Avenue Harrisonburg, VA 22802 Full Service Retail $13,201
    United Bank 689 Fairmont Road Morgantown, WV 26501 Full Service B&M $56,460
    United Bank 69 Main Street Smithfield, PA 15478 Full Service B&M $72,920
    United Bank 7115 Leesburg Pike Ste 101 Falls Church, VA 22043 Full Service B&M $28,844
    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 $109,547
    United Bank 7699 Winchester Avenue Inwood, WV 25428 Full Service B&M $25,170
    United Bank 7787 Leesburg Pike Falls Church, VA 22043 Full Service B&M $93,055
    United Bank 7830 Backlick Rd Ste 101 Springfield, VA 22150 Full Service B&M $34,344
    United Bank 7845 Wisconsin Avenue Bethesda, MD 20814 Full Service B&M $498,184
    United Bank 7867 Martinsburg Pike Shepherdstown, WV 25443 Full Service B&M $34,461
    United Bank 7901 Richmond Highway Alexandria, VA 22306 Full Service B&M $24,082
    United Bank 7905 Heritage Village Plaza Gainesville, VA 20155 Full Service B&M $42,542
    United Bank 81 W Main Street Uniontown, PA 15401 Full Service B&M $196,574
    United Bank 8270 Greensboro Dr. Suite 500 Mclean, VA 22102 Full Service B&M $304,158
    United Bank 8630 Fenton Street Silver Spring, MD 20910 Full Service B&M $39,364
    United Bank 90 Railroad Avenue East Cowen, WV 26206 Full Service B&M $11,640
    United Bank 907 N. Quincy Street Arlington, VA 22203 Full Service B&M $155,294
    United Bank 96 Main Street Stanardsville, VA 22973 Full Service B&M $45,507
    United Bank 9626 Center Street Manassas, VA 20110 Full Service B&M $155,581
    United Bank 9872 Liberia Avenue Manassas, VA 20110 Full Service B&M $56,541
    United Bank 990 Elmer Prince Drive Morgantown, WV 26505 Full Service B&M $574,605
    United Bank One Court Square Webster Springs, WV 26288 Full Service B&M $32,948
    United Bank Route 34 At Poplar Fork Road Scott Depot, WV 25560 Full Service B&M $59,433

    For 2019, United Bank had 140 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $762,297
    Net interest income $590,395
    Total noninterest income $146,216
    Gross Fiduciary activities income $13,873
    Service charges on deposit accounts $23,547
    Trading account gains and fees $0
    Additional Noninterest Income $108,796
    Pre-tax net operating income $334,965
    Securities gains (or losses, -) $27
    Income before extraordinary items $268,557
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $268,557
    Minority interest net income $0
    Net income $268,557
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $268,535

    United Bank's gross interest income from loans was $762,297,000.
    United Bank's net interest income from loans was $590,395,000.
    United Bank's fee based income from loans was $23,547,000.
    United Bank's net income from loans was $268,557,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $171,902
    Provision for credit losses $21,313
    Total noninterest expense $380,333
    Salaries and employee benefits $188,503
    Premises and equipment expense $49,736
    Additional noninterest expense $142,094
    Applicable income taxes $66,435
    Net charge-offs $20,959
    Cash dividends $249,000

    United Bank's interest expense for loans was $171,902,000.
    United Bank's payroll and benefits expense were $188,503,000.
    United Bank's property, plant and equipment expenses $49,736,000.

    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 1.0%
    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 3.0%
    Personal loans 0.0%
    Credit card loans 2.2%
    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 $13,979,755
    Deposits held in domestic offices $13,979,755
    Deposits by Individuals, partnerships, and corporations $12,923,880
    Deposits by U.S. Government $12
    Deposits by States and political subdivisions in the U.S. $1,055,384
    Deposits by Commercial banks and other depository institutions in U.S. $479
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $3,755,849
    Demand deposits $3,383,674
    Nontransaction accounts $10,223,906
    Money market deposit accounts (MMDAs) $7,017,222
    Other savings deposits (excluding MMDAs) $882,175
    Total time deposits $2,324,509
    Total time and savings deposits $10,596,081
    Noninterest-bearing deposits $4,623,170
    Interest-bearing deposits $9,356,585
    Retail deposits $13,084,581
    IRAs and Keogh plan accounts $201,200
    Brokered deposits $186,086
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $19,644,548
    Cash & Balances due from depository institutions $835,570
    Interest-bearing balances $650,405
    Total securities $2,424,685
    Federal funds sold & reverse repurchase $820
    Net loans and leases $14,022,586
    Loan and leases loss allowance $77,057
    Trading account assets $0
    Bank premises and fixed assets $154,428
    Other real estate owned $15,515
    Goodwill and other intangibles $1,523,954
    All other assets $666,990

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $19,644,548
    Total Liabilities $16,124,773
    Total deposits $13,979,755
    Interest-bearing deposits $9,356,585
    Deposits held in domestic offices $13,979,755
    % insured (estimated) $58
    Federal funds purchased and repurchase agreements $124,654
    Trading liabilities $0
    Other borrowed funds $1,851,865
    Subordinated debt $0
    All other liabilities $168,499

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $14,022,586
    Loan and leases loss allowance $77,057
    Total loans and leases (domestic) $14,099,643
    All real estate loans $10,669,945
    Real estate loans in domestic offices $10,669,945
    Construction and development loans $1,408,205
    Residential 1-4 family construction $228,790
    Other construction, all land development and other land $1,179,415
    Loans secured by nonfarm nonresidential properties $4,522,260
    Nonfarm nonresidential secured by owner-occupied properties $1,201,652
    Commercial real estate & other non-farm, non-residential $3,320,608
    Multifamily residential real estate $634,158
    1-4 family residential loans $4,094,128
    Farmland loans $11,194
    Loans held in foreign offices $0
    Farm loans $1,553
    Commercial and industrial loans $1,572,757
    To non-U.S. addressees $0
    Loans to individuals $1,162,707
    Credit card loans $10,074
    Related Plans $4,601
    Consumer Auto Loans $1,113,999
    Other loans to individuals $34,033
    All other loans & leases $692,681
    Loans to foreign governments and official institutions $0
    Other loans $353,994
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $39,890
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $9,080
    Non 1-4 family restructured loans & leases $8,950
    Total loans and leases (foreign) $0

    United Bank had $14,022,586,000 of loans outstanding in 2019. $10,669,945,000 of loans were in real estate loans. $1,408,205,000 of loans were in development loans. $634,158,000 of loans were in multifamily mortgage loans. $4,094,128,000 of loans were in 1-4 family mortgage loans. $1,553,000 of loans were in farm loans. $10,074,000 of loans were in credit card loans. $1,113,999,000 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 1,826 $499,692 $273,654
    Nonfarm, nonresidential loans - <$100k 202 $11,087 $54,886
    Nonfarm, nonresidential loans - $100-250k 540 $63,689 $117,943
    Nonfarm, nonresidential loans - $250k-1MM 1,084 $424,916 $391,989
    Commercial & Industrial, US addressed loans - <$1MM 12,232 $506,236 $41,386
    Commercial & Industrial, US addressed loans - <$100k 11,278 $346,611 $30,733
    Commercial & Industrial, US addressed loans - $100-250k 519 $48,286 $93,037
    Commercial & Industrial, US addressed loans - $250k-1MM 435 $111,339 $255,952
    Farmland loans - <$1MM 32 $5,431 $169,719
    Farmland loans - <$100k 7 $155 $22,143
    Farmland loans - $100-250k 7 $628 $89,714
    Farmland loans - $250k-1MM 18 $4,648 $258,222
    Agriculture operations loans - <$1MM 19 $1,545 $81,316
    Agriculture operations loans - <$100k 15 $254 $16,933
    Agriculture operations loans - $250k-1MM 4 $1,291 $322,750