Atlantic Union Bank Mortgage Rates, Fees & Info

Richmond, VA

LEI: 549300ZTT08EKQRVTR15

Tax ID: 80-0463989

2.8 stars - out of 5 stars, based on 74 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Atlantic Union Bank is a small bank specializing in Refi and Home Purchase loans. Atlantic Union 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, Richmond, Atlanta, Virginia Beach, and Nashville among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Atlantic Union Bank is typically an average fee lendor.


Originations

5,488

Origination Dollar Volume (All Markets)

$1,423,150,000

Employee count

1,879

Relative Rate

Atlantic Union Bank's average 30 year fixed rate mortgage of loans were 3.56%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of 0.2%.

Relative Fees

Atlantic Union Bank's average total fees for a 30 year fixed rate mortgage are $5,213.

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 $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 1,143 $415,755,000 $363,740 $4,820 3.38%
RICHMOND, VA (FHA|USDA|VA) 896 $191,340,000 $213,549 $4,306 3.80%
Outside of Metro Areas 902 $149,690,000 $165,953 $4,855 3.63%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 353 $124,765,000 $353,442 $6,865 3.43%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 421 $113,455,000 $269,489 $4,306 3.97%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 136 $52,310,000 $384,632 $7,501 3.49%
ROANOKE, VA (FHA|USDA|VA) 285 $50,985,000 $178,895 $5,060 3.63%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 187 $45,415,000 $242,861 $6,734 3.61%
HARRISONBURG, VA (FHA|USDA|VA) 63 $32,555,000 $516,746 $2,929 3.92%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 211 $31,555,000 $149,550 $4,886 3.77%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 63 $29,015,000 $460,556 $5,144 3.21%
STAUNTON, VA (FHA|USDA|VA) 167 $25,745,000 $154,162 $3,435 3.79%
LYNCHBURG, VA (FHA|USDA|VA) 154 $23,150,000 $150,325 $4,360 3.76%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 97 $21,975,000 $226,546 $2,749 3.33%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 80 $16,260,000 $203,250 $4,916 3.37%
SALISBURY, MD-DE (FHA|USDA|VA) 30 $9,000,000 $300,000 $4,695 3.32%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 24 $8,310,000 $346,250 $4,963 3.22%
WINCHESTER, VA-WV (FHA|USDA|VA) 28 $5,780,000 $206,429 $4,634 3.65%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 5 $5,745,000 $1,149,000 $9,179 3.18%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 11 $4,215,000 $383,182 $3,444 3.24%
RALEIGH-CARY, NC (FHA|USDA|VA) 17 $4,185,000 $246,176 $11,579 3.38%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 20 $4,180,000 $209,000 $4,697 3.34%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $3,695,000 $335,909 $4,074 3.09%
WILMINGTON, NC (FHA|USDA|VA) 11 $2,795,000 $254,091 $11,842 3.81%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $2,375,000 $339,286 $4,021 3.36%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $2,230,000 $371,667 $5,591 2.77%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $2,000,000 $500,000 $5,528 3.31%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 7 $1,955,000 $279,286 $6,322 3.41%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 9 $1,755,000 $195,000 $7,189 2.86%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $1,725,000 $575,000 $6,322 3.17%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 5 $1,545,000 $309,000 $3,774 3.00%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 3 $1,535,000 $511,667 $3,231 3.42%
NEWARK, NJ-PA (FHA|USDA|VA) 4 $1,320,000 $330,000 $5,988 3.59%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,315,000 $263,000 $3,576 3.30%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,305,000 $435,000 $7,001 3.00%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 3 $1,255,000 $418,333 $4,759 3.21%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $1,080,000 $270,000 $5,476 3.38%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $1,040,000 $260,000 $6,366 2.66%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $895,000 $895,000 $5,957 3.50%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $880,000 $440,000 $11,096 2.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $860,000 $215,000 $6,482 3.09%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $860,000 $430,000 $6,017 3.56%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $850,000 $212,500 $0 3.61%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $845,000 $281,667 $6,803 2.79%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 2 $810,000 $405,000 $6,651 2.75%
ROME, GA (FHA|USDA|VA) 1 $785,000 $785,000 $8,983 3.50%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 2 $780,000 $390,000 $4,793 3.44%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $745,000 $248,333 $5,339 3.54%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $725,000 $725,000 $0 4.25%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 2 $700,000 $350,000 $4,994 3.13%
WINSTON-SALEM, NC (FHA|USDA|VA) 4 $700,000 $175,000 $1,504 3.50%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 2 $690,000 $345,000 $3,488 3.50%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $630,000 $315,000 $5,276 3.56%
COLUMBUS, OH (FHA|USDA|VA) 2 $620,000 $310,000 $4,532 3.25%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 2 $590,000 $295,000 $4,097 3.06%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $535,000 $178,333 $4,607 3.04%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $515,000 $515,000 $7,779 3.00%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $515,000 $515,000 $5,338 3.00%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 2 $510,000 $255,000 $4,278 3.44%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $460,000 $230,000 $4,849 3.94%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $455,000 $455,000 $4,552 2.63%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 1 $455,000 $455,000 $8,961 3.25%
COLUMBIA, SC (FHA|USDA|VA) 2 $440,000 $220,000 $6,695 3.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $430,000 $215,000 $5,727 3.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $420,000 $210,000 $4,160 2.81%
KNOXVILLE, TN (FHA|USDA|VA) 1 $415,000 $415,000 $3,063 4.00%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $405,000 $405,000 $3,900 3.50%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $405,000 $135,000 $3,527 3.50%
MORGANTOWN, WV (FHA|USDA|VA) 2 $390,000 $195,000 $4,829 2.88%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $380,000 $190,000 $3,684 2.69%
PHILADELPHIA, PA (FHA|USDA|VA) 1 $345,000 $345,000 $5,039 3.50%
MONTGOMERY, AL (FHA|USDA|VA) 1 $335,000 $335,000 $6,136 3.13%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $335,000 $335,000 $8,248 3.25%
PEORIA, IL (FHA|USDA|VA) 1 $335,000 $335,000 $9,242 3.00%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $325,000 $325,000 $3,646 3.00%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $325,000 $325,000 $2,935 2.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $325,000 $325,000 $4,598 2.88%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $315,000 $315,000 $8,547 3.63%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $305,000 $305,000 $6,097 3.00%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $300,000 $150,000 $6,439 3.56%
EL PASO, TX (FHA|USDA|VA) 1 $295,000 $295,000 $6,736 2.88%
ELGIN, IL (FHA|USDA|VA) 1 $285,000 $285,000 $7,215 2.99%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $275,000 $275,000 $3,514 4.13%
BRUNSWICK, GA (FHA|USDA|VA) 1 $275,000 $275,000 $3,526 3.38%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $265,000 $265,000 $4,988 3.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $265,000 $265,000 $3,764 3.25%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $265,000 $265,000 $10,352 3.63%
FORT COLLINS, CO (FHA|USDA|VA) 1 $265,000 $265,000 $5,999 4.13%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $255,000 $255,000 $6,170 4.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $245,000 $245,000 $3,843 2.88%
DOVER, DE (FHA|USDA|VA) 1 $235,000 $235,000 $3,434 3.13%
BURLINGTON, NC (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.85%
FORT WAYNE, IN (FHA|USDA|VA) 1 $225,000 $225,000 $2,960 3.63%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,454 3.38%
CHARLESTON, WV (FHA|USDA|VA) 2 $220,000 $110,000 $2,982 3.38%
READING, PA (FHA|USDA|VA) 1 $215,000 $215,000 $4,072 3.38%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,335 3.00%
YUMA, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $10,301 3.13%
THE VILLAGES, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,324 2.88%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $185,000 $185,000 $6,590 3.63%
JACKSON, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,092 2.88%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $155,000 $155,000 $4,823 2.38%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $155,000 $155,000 $2,332 2.88%
CLEVELAND, TN (FHA|USDA|VA) 1 $145,000 $145,000 $5,136 4.13%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $115,000 $115,000 $5,182 3.88%
TULSA, OK (FHA|USDA|VA) 1 $115,000 $115,000 $3,785 3.63%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $95,000 $95,000 $2,110 2.88%
BECKLEY, WV (FHA|USDA|VA) 1 $75,000 $75,000 $3,064 2.88%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $75,000 $75,000 $3,999 3.13%

Atlantic Union Bank's top markets include Washington, Richmond, Atlanta, Virginia Beach, and Nashville among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 4,942 $1,304,510,000 $263,964 $4,726 3.64%
FHA 250 $48,220,000 $192,880 $7,859 3.42%
VA 155 $49,375,000 $318,548 $6,504 2.95%
USDA 141 $21,045,000 $149,255 $5,464 3.21%

For the 2020 period, Atlantic Union Bank's most frequently originated loan type of loans were Conventional, with 4,942 originations. Their 2nd most popular type is FHA, with 250 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 1,698 $600,010,000 $353,363 $4,248 3.33%
Home Purchase 1,587 $479,425,000 $302,095 $5,981 3.48%
Other 1,274 $167,230,000 $131,264 $462 3.96%
Home Improvement 489 $47,115,000 $96,350 $397 4.17%
Cash Out Refi 440 $129,370,000 $294,023 $5,151 3.39%

For the 2020, Atlantic Union Bank's most frequently cited loan purpose of loans were Refi, with 1,698 originations. The 2nd most popular reason of loans were Home Purchase, with 1,587 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 4,683 $1,115,475,000 $238,197 $5,213 3.56%
15 Year 293 $84,085,000 $286,980 $4,376 3.08%
5 Year 187 $75,455,000 $403,503 $403 4.28%
20 Year 104 $23,180,000 $222,885 $2,937 4.18%
30+ year 69 $32,555,000 $471,812 $8,103 3.69%
Other 61 $29,175,000 $478,279 $3,788 4.16%
10 Year 47 $52,905,000 $1,125,638 $1,044 4.41%
1 Year 39 $8,865,000 $227,308 $0 5.03%
3 Year 5 $1,455,000 $291,000 $0 4.05%

For the 2020, Atlantic Union Bank's most frequently cited loan length of loans were 30 Year, with 4,683 originations. The 2nd most popular length of loans were 15 Year, with 293 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 1,604 $498,100,000 $310,536
$2k-3k 617 $166,225,000 $269,408
$3k-4k 511 $148,835,000 $291,262
$5k+ 302 $162,860,000 $539,272
$<1k 204 $39,750,000 $194,853

$5,213 of loans were Atlantic Union Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 1,604 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 2,753 $772,475,000 $280,594
2.5-3% 1,590 $460,580,000 $289,673
4-5% 650 $108,320,000 $166,646
5-6% 261 $19,725,000 $75,575
<2.5% 105 $57,025,000 $543,095
6-7% 82 $3,590,000 $43,780
7-8% 32 $1,010,000 $31,563
Over 8% 15 $425,000 $28,333

During 2020, Atlantic Union Bank's average interest rate of loans were 3.56%, while their most frequently originated rate bucket of loans were 3-4%, with 2,753 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 1,684 $462,630,000 $274,721 $5,103 3.31%
$100k-200k 1,598 $234,500,000 $146,746 $4,203 3.47%
$100,000 or less 1,294 $75,770,000 $58,555 $2,747 4.37%
$400k-600k 567 $271,225,000 $478,351 $5,494 3.19%
$600k-1MM 245 $184,415,000 $752,714 $7,654 3.34%
$1MM+ 100 $194,610,000 $1,946,100 $14,663 3.39%

2020 saw Atlantic Union Bank place emphasis on $200k-400k loans with 1,684 originations, totaling $462,630,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 1,044 $169,330,000 $162,193 $4,803 3.67%
$100k-150k 977 $228,215,000 $233,588 $4,809 3.56%
$150k-250k 830 $279,290,000 $336,494 $5,618 3.42%
$50k or less 810 $88,290,000 $109,000 $4,300 3.72%
$75k-100k 804 $156,380,000 $194,502 $4,780 3.61%
$250k+ 546 $293,750,000 $538,004 $7,079 3.36%

Atlantic Union Bank lent most frequently to those with incomes in the $50k-75k range, with 1,044 originations. The second most popular income band? $100k-150k, with 977 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,226 $308,550,000 $251,672 $4,751 3.49%
30-36% 905 $223,225,000 $246,657 $5,087 3.62%
<20% 604 $171,830,000 $284,487 $4,737 3.36%
49% 318 $57,380,000 $180,440 $6,104 3.51%
44% 278 $50,200,000 $180,576 $5,622 3.79%
39% 188 $35,180,000 $187,128 $4,821 3.93%
41% 178 $50,370,000 $282,978 $5,084 3.63%
38% 176 $47,090,000 $267,557 $5,477 3.62%
36% 174 $41,640,000 $239,310 $5,367 3.69%
37% 170 $40,270,000 $236,882 $4,641 3.67%
42% 168 $42,390,000 $252,321 $5,790 3.72%
43% 157 $37,415,000 $238,312 $5,859 3.54%
40% 150 $40,420,000 $269,467 $5,390 3.49%
45% 113 $22,595,000 $199,956 $5,850 3.53%
46% 101 $23,345,000 $231,139 $5,373 3.52%
48% 96 $20,570,000 $214,271 $5,463 3.49%
47% 92 $20,660,000 $224,565 $5,356 3.42%
50-60% 33 $8,795,000 $266,515 $9,177 3.62%
>60% 15 $3,235,000 $215,667 $532 5.28%

Atlantic Union Bank lent most frequently to those with DTI ratios of 20-30%, with 1,226 originations. The next most common DTI ratio? 30-36%, with 905 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,472 $1,068,100,000 $238,842 $5,025 3.56%
Not applicable 247 $147,735,000 $598,117 $0 4.19%
Not provided 333 $97,505,000 $292,808 $5,206 3.54%
Black 281 $56,155,000 $199,840 $5,481 3.88%
Asian 119 $45,135,000 $379,286 $5,750 3.32%
American Indian 21 $4,425,000 $210,714 $5,590 3.63%
Native Hawaiian 7 $1,505,000 $215,000 $3,496 3.49%
Asian Indian 3 $1,325,000 $441,667 $0 3.75%
Other Pacific Islander 1 $705,000 $705,000 $0 3.00%
Korean 3 $385,000 $128,333 $0 3.41%
Filipino 1 $175,000 $175,000 $0 3.00%

Approval Rates

Total approvals of all applications
77.29%

Atlantic Union Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
85.55%

Atlantic Union Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 5,488 $1,423,150,000 $259,320

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Manufactured 1 $365,000 $365,000
Multifamily:Site-Built 64 $110,020,000 $1,719,063
Single Family (1-4 Units):Manufactured 56 $4,660,000 $83,214
Single Family (1-4 Units):Site-Built 5,367 $1,308,105,000 $243,731

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 816 $114,010,000 $139,718 $3,187 3.73%
40-60% 858 $246,370,000 $287,145 $4,221 3.33%
60-80% 1,573 $574,555,000 $365,261 $4,854 3.42%
80-100% 1,477 $431,485,000 $292,136 $5,820 3.41%
Over 100% 31 $9,585,000 $309,194 $9,957 3.09%
Under 20% 733 $47,145,000 $64,318 $682 4.58%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Atlantic Union Bank 10131 Jefferson Davis Highway Fredericksburg, VA 22407 Full Service B&M $42,165
Atlantic Union Bank 100 Dominion Drive Emporia, VA 23847 Full Service B&M $73,299
Atlantic Union Bank 100 Lucy Lane Waynesboro, VA 22980 Full Service B&M $92,490
Atlantic Union Bank 100 Moyock Commons Drive Moyock, NC 27958 Full Service B&M $23,429
Atlantic Union Bank 1000 North Main Street Suffolk, VA 23434 Full Service B&M $107,039
Atlantic Union Bank 10045 Kings Highway King George, VA 22485 Full Service B&M $132,841
Atlantic Union Bank 1006 Hardy Road Vinton, VA 24179 Full Service B&M $36,625
Atlantic Union Bank 111 West Washington Street Middleburg, VA 20117 Full Service B&M $229,348
Atlantic Union Bank 11101 Hull Street Midlothian, VA 23112 Full Service B&M $72,126
Atlantic Union Bank 11101 Midlothian Turnpike Richmond, VA 23235 Full Service B&M $116,639
Atlantic Union Bank 11163 Nuckols Road Glen Allen, VA 23059 Full Service B&M $67,484
Atlantic Union Bank 11263 W. Broad St. Glen Allen, VA 23060 Full Service B&M $168,582
Atlantic Union Bank 1145 North Road Street Elizabeth City, NC 27909 Full Service B&M $70,844
Atlantic Union Bank 115 Lee Jackson Highway Staunton, VA 24401 Full Service B&M $51,208
Atlantic Union Bank 1174 N Main Street Madison, VA 22727 Full Service B&M $119,011
Atlantic Union Bank 1197 North Lee Highway Lexington, VA 24450 Full Service B&M $51,088
Atlantic Union Bank 12090 W Broad St Richmond, VA 23233 Full Service B&M $67,531
Atlantic Union Bank 124 Main Street Lovingston, VA 22949 Full Service B&M $81,677
Atlantic Union Bank 125 West Main Street Bedford, VA 24523 Full Service B&M $87,221
Atlantic Union Bank 1251 West Main Street Salem, VA 24153 Full Service B&M $132,141
Atlantic Union Bank 12601 Jeff Davis Highway Chester, VA 23831 Full Service Retail $37,776
Atlantic Union Bank 134 W Main St Orange, VA 22960 Full Service B&M $51,035
Atlantic Union Bank 13700 Midlothian Turnpike Midlothian, VA 23113 Full Service B&M $98,684
Atlantic Union Bank 1404 West Ehringhaus Street Elizabeth City, NC 27909 Full Service B&M $47,984
Atlantic Union Bank 14739 Moneta Road Moneta, VA 24121 Full Service B&M $72,584
Atlantic Union Bank 14915 Forest Road Forest, VA 24551 Full Service B&M $80,666
Atlantic Union Bank 1500 Mount Pleasant Road Chesapeake, VA 23322 Full Service B&M $31,933
Atlantic Union Bank 1503 South Salisbury Blvd. Salisbury, MD 21801 Full Service B&M $83,985
Atlantic Union Bank 15043 Northumberland Highway Burgess, VA 22432 Full Service B&M $52,104
Atlantic Union Bank 1580 Laskin Road Virginia Beach, VA 23451 Full Service B&M $106,414
Atlantic Union Bank 1601 Willow Lawn Dr., Suite 701 Richmond, VA 23230 Full Service B&M $161,668
Atlantic Union Bank 1649 Tappahannock Blvd Tappahannock, VA 22560 Full Service B&M $53,858
Atlantic Union Bank 1658 State Farm Boulevard Charlottesville, VA 22911 Full Service B&M $196,872
Atlantic Union Bank 1660 Tappahannock Blvd Tappahannock, VA 22560 Full Service Retail $8,652
Atlantic Union Bank 1675 Roanoke Street Se Christiansburg, VA 24073 Full Service B&M $52,037
Atlantic Union Bank 17191 King's Hwy Montross, VA 22520 Full Service B&M $52,819
Atlantic Union Bank 1738 Amherst Street Winchester, VA 22601 Full Service B&M $98,452
Atlantic Union Bank 1773 North Parham Road Richmond, VA 23229 Full Service B&M $68,186
Atlantic Union Bank 1800 Robert Fulton Drive, Suite 310 Reston, VA 20191 Full Service B&M $585,980
Atlantic Union Bank 2 Town Center Drive Dublin, VA 24084 Full Service B&M $118,919
Atlantic Union Bank 201 Volvo Parkway Chesapeake, VA 23320 Full Service B&M $85,429
Atlantic Union Bank 2050 Ballenger Avenue Alexandria, VA 22314 Full Service B&M $145,524
Atlantic Union Bank 209 Stonebridge Plaza Avenue North Chesterfield, VA 23225 Full Service B&M $67,040
Atlantic Union Bank 2098 Princess Anne Road Virginia Beach, VA 23456 Full Service B&M $56,351
Atlantic Union Bank 2102 Langhorne Road Lynchburg, VA 24501 Full Service B&M $18,647
Atlantic Union Bank 211 North Main Street Bowling Green, VA 22427 Full Service B&M $430,782
Atlantic Union Bank 2151 Barracks Road Charlottesville, VA 22903 Full Service B&M $68,166
Atlantic Union Bank 216 Broadview Avenue Warrenton, VA 20186 Full Service B&M $54,231
Atlantic Union Bank 2235 Gateway Access Point Raleigh, NC 27607 Full Service B&M $41,919
Atlantic Union Bank 22468 Lankford Highway Cape Charles, VA 23310 Full Service B&M $36,750
Atlantic Union Bank 2300 Wilson Boulevard Arlington, VA 22201 Full Service B&M $130,022
Atlantic Union Bank 2307 West Beverley Street Staunton, VA 24401 Full Service B&M $40,244
Atlantic Union Bank 231 Southgate Shopping Center Culpeper, VA 22701 Full Service B&M $69,364
Atlantic Union Bank 2325 Dulles Corner Boulevard Suite 100 Herndon, VA 20171 Full Service B&M $612,933
Atlantic Union Bank 239 Battlefield Boulevard South Chesapeake, VA 23322 Full Service B&M $58,622
Atlantic Union Bank 24 South Augusta Street Staunton, VA 24401 Full Service B&M $101,579
Atlantic Union Bank 251 North Poplar Avenue Waynesboro, VA 22980 Full Service B&M $41,518
Atlantic Union Bank 25253 Lankford Highway Onley, VA 23418 Full Service B&M $76,988
Atlantic Union Bank 2600 Stuarts Draft Hwy Stuarts Draft, VA 24477 Full Service B&M $42,173
Atlantic Union Bank 2811 Fall Hill Avenue Fredericksburg, VA 22401 Full Service B&M $135,963
Atlantic Union Bank 2825 Godwin Blvd Suffolk, VA 23434 Full Service B&M $47,297
Atlantic Union Bank 284 North Main Street Kilmarnock, VA 22482 Full Service B&M $59,203
Atlantic Union Bank 3001 Shore Drive Virginia Beach, VA 23451 Full Service B&M $39,970
Atlantic Union Bank 302 Ashcake Road Ashland, VA 23005 Full Service B&M $205,700
Atlantic Union Bank 3099 Boulevard Colonial Heights, VA 23834 Full Service B&M $62,023
Atlantic Union Bank 322 S. Broad Street Edenton, NC 27932 Full Service B&M $47,700
Atlantic Union Bank 3290 Worth Crossing Charlottesville, VA 22911 Full Service B&M $43,912
Atlantic Union Bank 3535 Bridge Road Suffolk, VA 23435 Full Service B&M $27,117
Atlantic Union Bank 3556 West Cary Street Richmond, VA 23221 Full Service B&M $123,717
Atlantic Union Bank 3605 Electric Road Roanoke, VA 24018 Full Service B&M $85,396
Atlantic Union Bank 36081 Goodwin Drive Locust Grove, VA 22508 Full Service B&M $90,359
Atlantic Union Bank 369 Franklin St. Rocky Mount, VA 24151 Full Service B&M $44,610
Atlantic Union Bank 3708 Richmond Tapahannock Highway King William, VA 23086 Full Service B&M $40,769
Atlantic Union Bank 374 Lee Hwy Verona, VA 24482 Full Service B&M $91,761
Atlantic Union Bank 3804 Brandon Avenue, Sw Roanoke, VA 24018 Full Service B&M $20,363
Atlantic Union Bank 390 University Boulevard Harrisonburg, VA 22801 Full Service B&M $44,671
Atlantic Union Bank 400 East Main Street Charlottesville, VA 22902 Full Service B&M $120,859
Atlantic Union Bank 4055 Riner Road Riner, VA 24149 Full Service B&M $45,286
Atlantic Union Bank 4071 Lankford Highway Exmore, VA 23350 Full Service B&M $64,758
Atlantic Union Bank 410 Gander Drive Charlottesville, VA 22901 Full Service B&M $131,054
Atlantic Union Bank 4805 Lassen Lane Fredericksburg, VA 22408 Full Service B&M $231,214
Atlantic Union Bank 4960 Monticello Ave Williamsburg, VA 23188 Full Service B&M $42,916
Atlantic Union Bank 50 North Franklin Street Christiansburg, VA 24073 Full Service B&M $102,650
Atlantic Union Bank 50 West Main Street Radford, VA 24141 Full Service B&M $72,388
Atlantic Union Bank 5030 George Washington Memorial Hwy Yorktown, VA 23692 Full Service B&M $73,119
Atlantic Union Bank 5125 John Tyler Highway Williamsburg, VA 23185 Full Service Retail $65,109
Atlantic Union Bank 530 Blackwell Road Warrenton, VA 20186 Full Service B&M $107,023
Atlantic Union Bank 5300 Patterson Ave. Richmond, VA 23226 Full Service B&M $82,016
Atlantic Union Bank 538 Fort Evans Rd. Ne Leesburg, VA 20176 Full Service B&M $99,184
Atlantic Union Bank 539 West 21st Street Norfolk, VA 23517 Full Service Retail $72,878
Atlantic Union Bank 5406 N Croatan Highway Kitty Hawk, NC 27949 Full Service B&M $77,286
Atlantic Union Bank 5472 Indian River Road Virginia Beach, VA 23464 Full Service B&M $39,480
Atlantic Union Bank 5510 Morris Road Spotsylvania, VA 22551 Full Service B&M $31,946
Atlantic Union Bank 5803 Rolling Road Springfield, VA 22152 Full Service B&M $122,822
Atlantic Union Bank 5831 Plank Road Fredericksburg, VA 22407 Full Service B&M $135,186
Atlantic Union Bank 5839 Richmond Rd Warsaw, VA 22572 Full Service B&M $131,696
Atlantic Union Bank 5980 Thomas Jefferson Pkwy Palmyra, VA 22963 Full Service B&M $66,795
Atlantic Union Bank 601 North Main Street Blacksburg, VA 24060 Full Service B&M $122,482
Atlantic Union Bank 603 Pilot House Drive, Suite 100 Newport News, VA 23606 Full Service B&M $46,865
Atlantic Union Bank 6030 Harbour Park Dr Midlothian, VA 23112 Full Service B&M $119,182
Atlantic Union Bank 605 Wenonah Avenue Pearisburg, VA 24134 Full Service B&M $51,546
Atlantic Union Bank 622 Cambridge Street Fredericksburg, VA 22405 Full Service B&M $29,029
Atlantic Union Bank 6350 Maddox Blvd Chincoteague, VA 23336 Full Service B&M $46,986
Atlantic Union Bank 641 Lynnhaven Parkway Virginia Beach, VA 23452 Full Service B&M $34,761
Atlantic Union Bank 6479 Mechanicsville Turnpike Mechanicsville, VA 23111 Full Service B&M $88,530
Atlantic Union Bank 6720 Sutton Road Gloucester, VA 23061 Full Service B&M $61,100
Atlantic Union Bank 680 E. Main Street Floyd, VA 24091 Full Service B&M $50,024
Atlantic Union Bank 7 Bank Road Washington, VA 22747 Full Service B&M $93,691
Atlantic Union Bank 7019 Three Chopt Road, Suite F Richmond, VA 23226 Full Service Retail $81,298
Atlantic Union Bank 713 Independence Boulevard Virginia Beach, VA 23455 Full Service B&M $207,788
Atlantic Union Bank 717 James Madison Highway Culpeper, VA 22701 Full Service B&M $72,440
Atlantic Union Bank 725 Kenmore Ave. Fredericksburg, VA 22401 Full Service B&M $186,773
Atlantic Union Bank 7337 Williamson Road Nw Roanoke, VA 24019 Full Service B&M $65,130
Atlantic Union Bank 7349 Ladysmith Road Ruther Glen, VA 22546 Full Service B&M $100,491
Atlantic Union Bank 8190 Stonewall Shops Square Gainesville, VA 20155 Full Service B&M $39,844
Atlantic Union Bank 8209 West Broad Street Richmond, VA 23294 Full Service B&M $91,700
Atlantic Union Bank 8221 Old Courthouse Road Suite 100 Vienna, VA 22182 Full Service B&M $192,931
Atlantic Union Bank 8300 Bell Creek Road Mechanicsville, VA 23116 Full Service B&M $68,586
Atlantic Union Bank 8383 West Main Street Marshall, VA 20115 Full Service B&M $32,194
Atlantic Union Bank 840 Mckinney Blvd. Colonial Beach, VA 22443 Full Service B&M $55,337
Atlantic Union Bank 852 North George Washington Highway Chesapeake, VA 23323 Full Service B&M $38,673
Atlantic Union Bank 8525 Rolling Road Manassas, VA 20110 Full Service B&M $59,380
Atlantic Union Bank 8983 Staples Mill Road Richmond, VA 23228 Full Service B&M $85,154
Atlantic Union Bank 900 North 4th Street Wytheville, VA 24382 Full Service B&M $83,814
Atlantic Union Bank 9027 Forest Hill Avenue Richmond, VA 23235 Full Service B&M $99,118
Atlantic Union Bank 9534 Chamberlayne Road Mechanicsville, VA 23116 Full Service B&M $71,578
Atlantic Union Bank 9605 Gayton Rd Richmond, VA 23238 Full Service B&M $91,115
Atlantic Union Bank 9665 Sliding Hill Rd Ashland, VA 23005 Full Service B&M $181,256
Atlantic Union Bank 999 Waterside Drive Norfolk, VA 23510 Full Service B&M $44,361
Atlantic Union Bank 102 Catoctin Circle Southeast Leesburg, VA 20175 Full Service B&M $278,820
Atlantic Union Bank 102 South Main Street Culpeper, VA 22701 Full Service B&M $168,464
Atlantic Union Bank 103 Pocomoke Marketplace Pocomoke City, MD 21851 Full Service B&M $32,749
Atlantic Union Bank 10415 Courthouse Road Spotsylvania, VA 22553 Full Service B&M $67,691
Atlantic Union Bank 1044 Warrenton Road Fredericksburg, VA 22406 Full Service B&M $65,210
Atlantic Union Bank 105 Arbor Drive Christiansburg, VA 24073 Full Service B&M $227,411
Atlantic Union Bank 1051 East Cary Street, Suite 1200 Richmond, VA 23219 Full Service B&M $1,885,851
Atlantic Union Bank 106 Sixth Street Grottoes, VA 24441 Full Service B&M $45,081
Atlantic Union Bank 10620 Iron Bridge Road Chester, VA 23831 Full Service B&M $57,557
Atlantic Union Bank 111 Franklin Rd Suite 100 Roanoke, VA 24011 Full Service B&M $76,309
Atlantic Union Bank 4108 Portsmouth Boulevard Chesapeake, VA 23321 Full Service B&M $25,679
Atlantic Union Bank 4109 Plank Rd Fredericksburg, VA 22407 Full Service B&M $127,665
Atlantic Union Bank 4221 Walney Road, Suite 120 Chantilly, VA 20151 Full Service B&M $379,190
Atlantic Union Bank 431 East Main Street Purcellville, VA 20132 Full Service B&M $121,418
Atlantic Union Bank 43325 Junction Plaza Ashburn, VA 20147 Full Service B&M $91,540
Atlantic Union Bank 4390 South Laburnum Avenue Richmond, VA 23231 Full Service B&M $45,533
Atlantic Union Bank 440 South Main Street Harrisonburg, VA 22801 Full Service B&M $54,257
Atlantic Union Bank 450 W Main St. Covington, VA 24426 Full Service B&M $75,607
Atlantic Union Bank 473 South Street Front Royal, VA 22630 Full Service B&M $79,073

For 2020, Atlantic Union Bank had 148 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $653,529
Net interest income $568,879
Total noninterest income $121,640
Gross Fiduciary activities income $10,576
Service charges on deposit accounts $25,251
Trading account gains and fees $16,637
Additional Noninterest Income $69,176
Pre-tax net operating income $194,417
Securities gains (or losses, -) $12,294
Income before extraordinary items $173,206
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $173,206
Minority interest net income $0
Net income $173,206
Sale, conversion, retirement of capital stock, net $0
Net operating income $162,879

Atlantic Union Bank's gross interest income from loans was $653,529,000.
Atlantic Union Bank's net interest income from loans was $568,879,000.
Atlantic Union Bank's fee based income from loans was $25,251,000.
Atlantic Union Bank's net income from loans was $173,206,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $84,650
Provision for credit losses $82,201
Total noninterest expense $413,901
Salaries and employee benefits $206,657
Premises and equipment expense $44,410
Additional noninterest expense $162,834
Applicable income taxes $33,505
Net charge-offs $11,438
Cash dividends $97,880

Atlantic Union Bank's interest expense for loans was $84,650,000.
Atlantic Union Bank's payroll and benefits expense were $206,657,000.
Atlantic Union Bank's property, plant and equipment expenses $44,410,000.

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 1.0%
HELOC loans 0.0%
All other family 1.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
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 $15,845,994
Deposits held in domestic offices $15,845,994
Deposits by Individuals, partnerships, and corporations $14,649,230
Deposits by U.S. Government $1
Deposits by States and political subdivisions in the U.S. $1,037,212
Deposits by Commercial banks and other depository institutions in U.S. $159,551
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $357,766
Demand deposits $343,103
Nontransaction accounts $15,488,228
Money market deposit accounts (MMDAs) $4,248,335
Other savings deposits (excluding MMDAs) $8,631,830
Total time deposits $2,608,061
Total time and savings deposits $15,502,891
Noninterest-bearing deposits $4,487,959
Interest-bearing deposits $11,358,035
Retail deposits $15,081,170
IRAs and Keogh plan accounts $294,615
Brokered deposits $240,515
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $19,584,709
Cash & Balances due from depository institutions $491,281
Interest-bearing balances $318,974
Total securities $3,083,645
Federal funds sold & reverse repurchase $2,013
Net loans and leases $13,957,516
Loan and leases loss allowance $160,540
Trading account assets $161,193
Bank premises and fixed assets $204,072
Other real estate owned $12,657
Goodwill and other intangibles $992,745
All other assets $679,587

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $19,584,709
Total Liabilities $16,737,053
Total deposits $15,845,994
Interest-bearing deposits $11,358,035
Deposits held in domestic offices $15,845,994
% insured (estimated) $67
Federal funds purchased and repurchase agreements $250,888
Trading liabilities $161,193
Other borrowed funds $310,621
Subordinated debt $0
All other liabilities $168,357

Issued Loan Types

Type Value (in 000's)
Net loans and leases $13,957,516
Loan and leases loss allowance $160,540
Total loans and leases (domestic) $14,118,056
All real estate loans $9,750,727
Real estate loans in domestic offices $9,750,727
Construction and development loans $925,798
Residential 1-4 family construction $191,323
Other construction, all land development and other land $734,475
Loans secured by nonfarm nonresidential properties $5,786,471
Nonfarm nonresidential secured by owner-occupied properties $2,128,908
Commercial real estate & other non-farm, non-residential $3,657,563
Multifamily residential real estate $814,745
1-4 family residential loans $2,188,553
Farmland loans $35,160
Loans held in foreign offices $0
Farm loans $9,262
Commercial and industrial loans $3,263,460
To non-U.S. addressees $0
Loans to individuals $649,053
Credit card loans $0
Related Plans $35,111
Consumer Auto Loans $401,324
Other loans to individuals $212,618
All other loans & leases $445,553
Loans to foreign governments and official institutions $0
Other loans $199,934
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $73,000
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $11,398
Non 1-4 family restructured loans & leases $2,999
Total loans and leases (foreign) $0

Atlantic Union Bank had $13,957,516,000 of loans outstanding in 2020. $9,750,727,000 of loans were in real estate loans. $925,798,000 of loans were in development loans. $814,745,000 of loans were in multifamily mortgage loans. $2,188,553,000 of loans were in 1-4 family mortgage loans. $9,262,000 of loans were in farm loans. $0 of loans were in credit card loans. $401,324,000 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 3,258 $1,050,187 $322,341
Nonfarm, nonresidential loans - <$100k 295 $16,126 $54,664
Nonfarm, nonresidential loans - $100-250k 900 $124,309 $138,121
Nonfarm, nonresidential loans - $250k-1MM 2,063 $909,752 $440,985
Commercial & Industrial, US addressed loans - <$1MM 12,598 $1,107,354 $87,899
Commercial & Industrial, US addressed loans - <$100k 8,990 $271,094 $30,155
Commercial & Industrial, US addressed loans - $100-250k 2,106 $266,440 $126,515
Commercial & Industrial, US addressed loans - $250k-1MM 1,502 $569,820 $379,374
Farmland loans - <$1MM 66 $9,862 $149,424
Farmland loans - <$100k 17 $704 $41,412
Farmland loans - $100-250k 30 $4,052 $135,067
Farmland loans - $250k-1MM 19 $5,106 $268,737
Agriculture operations loans - <$1MM 192 $7,227 $37,641
Agriculture operations loans - <$100k 162 $3,641 $22,475
Agriculture operations loans - $100-250k 22 $2,256 $102,545
Agriculture operations loans - $250k-1MM 8 $1,330 $166,250