Atlantic Union Bank Mortgage Rates, Fees & Info

Richmond, VA

LEI: 549300ZTT08EKQRVTR15

Tax ID: 80-0463989

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

    Atlantic Union Bank is a smaller bank specializing in Other, Refi, and Home Purchase loans. Atlantic Union Bank has a high proportion of conventional loans. Their top markets by origination volume include: Richmond, Virginia Beach, Washington, Charlottesville, and Staunton among others. We have data for 25 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Atlantic Union 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. Atlantic Union 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 relatively high 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% 11/21/24
    30 Year Conventional Purchase 6.85% 11/21/24
    30 Year Conventional Refi 6.66% 11/21/24
    30 Year Cash-out Refi 6.89% 11/21/24
    30 Year FHA Purchase 7.63% 11/21/24
    30 Year FHA Refi 6.91% 11/21/24
    30 Year VA Purchase 6.45% 11/21/24
    30 Year USDA Purchase 7.05% 11/21/24
    15 Year Conventional Purchase 6.34% 11/21/24
    15 Year Conventional Refi 6.24% 11/21/24
    15 Year Cash-out Refi 6.24% 11/21/24
    15 Year FHA Refi 5.68% 11/21/24
    15 Year VA Purchase 6.98% 11/21/24
    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.

    Atlantic Union Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Atlantic Union 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

    2,155

    Origination Dollar Volume (All Markets)

    $297,245,000

    Employee count

    1,609

    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
    RICHMOND, VA (FHA|USDA|VA) 554 $79,150,000 $142,870 $260 5.63%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 223 $52,305,000 $234,552 $727 5.66%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 246 $35,690,000 $145,081 $480 5.56%
    Outside of Metro Areas 379 $35,415,000 $93,443 $341 5.78%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 133 $20,095,000 $151,090 $624 5.61%
    STAUNTON, VA (FHA|USDA|VA) 176 $16,880,000 $95,909 $391 5.61%
    ROANOKE, VA (FHA|USDA|VA) 154 $15,510,000 $100,714 $432 5.67%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 115 $9,745,000 $84,739 $401 5.63%
    LYNCHBURG, VA (FHA|USDA|VA) 78 $9,450,000 $121,154 $391 5.45%
    HARRISONBURG, VA (FHA|USDA|VA) 36 $4,680,000 $130,000 $0 5.53%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $4,415,000 $4,415,000 $0 4.25%
    Kill Devil Hills, NC (FHA|USDA|VA) 16 $3,780,000 $236,250 $1,569 5.05%
    RALEIGH-CARY, NC (FHA|USDA|VA) 8 $3,510,000 $438,750 $146 5.58%
    SALISBURY, MD-DE (FHA|USDA|VA) 10 $1,370,000 $137,000 $0 5.67%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $1,205,000 $401,667 $0 4.60%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $995,000 $331,667 $0 5.35%
    WINCHESTER, VA-WV (FHA|USDA|VA) 8 $930,000 $116,250 $0 5.19%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $505,000 $505,000 $0 4.89%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $505,000 $505,000 $0 3.75%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.50%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.75%
    Elizabeth City, NC (FHA|USDA|VA) 5 $205,000 $41,000 $462 6.38%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.50%
    BURLINGTON, NC (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.65%
    Martinsville, VA (FHA|USDA|VA) 1 $25,000 $25,000 $1,024 6.79%
    Atlantic Union Bank's top markets include Richmond, Virginia Beach, Washington, Charlottesville, and Staunton among others.

    Their top states include:
  • Virginia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)

    • Similar Lenders

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

    ABNB Federal Credit Union
    Similarity Rank: 40
    PATRIOT
    Similarity Rank: 42
    MCNB Bank and Trust Co.
    Similarity Rank: 77
    UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC.
    Similarity Rank: 96
    DOMINION ENERGY CREDIT UNION
    Similarity Rank: 108
    PENNSYLVANIA STATE EMPLOYEES Credit Union
    Similarity Rank: 114
    BEACH MUNICIPAL FEDERAL CREDIT UNION
    Similarity Rank: 123
    DUPONT COMMUNITY
    Similarity Rank: 132
    ACNB Bank
    Similarity Rank: 144
    NEWPORT NEWS SHIPBUILDING EMPLOYEES
    Similarity Rank: 147

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,562 $173,450,000 $111,044 n/a 5.54%
    Conventional 593 $123,795,000 $208,761 $390 5.88%

    For 2018, Atlantic Union Bank's most frequently originated type of loan was HELOC, with 1,562 originations. Their 2nd most popular type was Conventional, with 593 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 1,043 $103,695,000 $99,420 $295 5.63%
    Home Improvement 449 $41,035,000 $91,392 $324 5.75%
    Refi 438 $90,000,000 $205,479 $441 5.56%
    Home Purchase 221 $61,745,000 $279,389 $1,186 5.58%
    Cash Out Refi 3 $565,000 $188,333 $0 4.90%
    NA 1 $205,000 $205,000 $0 4.74%

    For 2018, Atlantic Union Bank's most frequently cited loan purpose was Other, with 1,043 originations. The 2nd most popular reason was Home Improvement, with 449 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 971 $101,315,000 $104,341 $3,970 5.58%
    20 Year 683 $72,765,000 $106,537 $411 5.68%
    5 Year 145 $42,925,000 $296,034 $265 5.35%
    10 Year 117 $11,525,000 $98,504 $277 5.75%
    1 Year 115 $21,015,000 $182,739 $0 5.85%
    Other 63 $40,745,000 $646,746 $400 5.54%
    15 Year 51 $3,515,000 $68,922 $355 6.33%
    3 Year 10 $3,440,000 $344,000 $424 5.58%

    For 2018, Atlantic Union Bank's most frequently cited loan duration was 30 Year, with 971 originations. The 2nd most popular length was 20 Year, with 683 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 324 $25,930,000 $80,031

    Atlantic Union Bank's average total fees were $3,970, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 324 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 956 $117,590,000 $123,002
    4-5% 714 $143,380,000 $200,812
    6-7% 307 $21,225,000 $69,137
    7-8% 113 $4,445,000 $39,336
    Over 8% 60 $2,140,000 $35,667
    3-4% 5 $8,465,000 $1,693,000

    During 2018, Atlantic Union Bank's average interest rate for loans was 5.58%, while their most frequently originated rate bucket for loans was 5-6%, with 956 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,288 $66,850,000 $51,902 $309 5.87%
    $100k-200k 518 $70,470,000 $136,042 $468 5.38%
    $200k-400k 274 $66,740,000 $243,577 $418 5.21%
    $400k-600k 34 $16,630,000 $489,118 $2,330 5.15%
    $1MM+ 24 $64,440,000 $2,685,000 $5,310 4.74%
    $600k-1MM 17 $12,115,000 $712,647 $3,256 5.09%

    2018 saw Atlantic Union Bank place emphasis on $100,000 or less loans with 1,288 originations, totaling $66,850,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 455 $37,345,000 $82,077 $297 5.71%
    $50k or less 430 $26,740,000 $62,186 $378 5.78%
    $100k-150k 370 $41,200,000 $111,351 $411 5.52%
    $75k-100k 293 $26,845,000 $91,621 $301 5.75%
    $150k-250k 230 $29,950,000 $130,217 $443 5.54%
    $250k+ 96 $28,530,000 $297,188 $1,113 5.41%

    Atlantic Union Bank lent most frequently to those with incomes in the $50k-75k range, with 455 originations. The second most popular income band? $50k or less, with 430 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 377 $36,565,000 $96,989 $499 5.65%
    30-36% 358 $30,970,000 $86,508 $398 5.84%
    <20% 194 $19,580,000 $100,928 $339 5.44%
    44% 150 $14,220,000 $94,800 $747 5.46%
    49% 135 $16,305,000 $120,778 $364 5.28%
    39% 107 $9,285,000 $86,776 $322 6.24%
    36% 77 $7,095,000 $92,143 $321 5.84%
    38% 68 $6,200,000 $91,176 $278 6.07%
    43% 63 $7,585,000 $120,397 $329 5.55%
    40% 50 $4,590,000 $91,800 $450 5.74%
    42% 49 $3,745,000 $76,429 $295 5.59%
    37% 48 $4,520,000 $94,167 $369 5.91%
    41% 47 $6,045,000 $128,617 $323 5.64%
    47% 39 $8,995,000 $230,641 $324 5.35%
    45% 33 $3,125,000 $94,697 $157 5.24%
    48% 27 $3,665,000 $135,741 $156 5.27%
    46% 25 $3,545,000 $141,800 $232 5.40%
    >60% 16 $2,370,000 $148,125 $394 5.38%
    50-60% 15 $2,405,000 $160,333 $236 5.28%

    Atlantic Union Bank lent most frequently to those with DTI ratios of 20-30%, with 377 originations. The next most common DTI ratio? 30-36%, with 358 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,779 $182,955,000 $102,841 $381 5.63%
    Not applicable 252 $103,130,000 $409,246 $0 5.50%
    Black 70 $5,300,000 $75,714 $426 6.00%
    Asian 31 $2,945,000 $95,000 $329 5.90%
    Not provided 16 $2,310,000 $144,375 $1,947 5.60%
    American Indian 5 $495,000 $99,000 $124 5.95%
    Other Pacific Islander 1 $65,000 $65,000 $136 5.74%
    Vietnamese 1 $45,000 $45,000 $0 6.24%

    Approval Rates

    Total approvals of all applications
    72.18%

    Atlantic Union Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    87.24%

    Atlantic Union Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,155 $297,245,000 $137,933

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 22 $47,530,000 $2,160,455
    Single Family (1-4 Units):Manufactured 66 $3,400,000 $51,515
    Single Family (1-4 Units):Site-Built 2,067 $246,315,000 $119,165

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 687 $60,445,000 $87,984 $339 5.55%
    40-60% 322 $50,350,000 $156,366 $518 5.40%
    60-80% 339 $96,695,000 $285,236 $747 5.37%
    80-100% 99 $22,965,000 $231,970 $2,218 5.40%
    Over 100% 37 $30,555,000 $825,811 $0 5.21%
    Under 20% 670 $33,630,000 $50,194 $274 6.03%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Atlantic Union Bankshares, Inc. Other type of mortgage Trouble during payment process 1 50.0%
    Atlantic Union Bankshares, Inc. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Union Bank & Trust 100 Dominion Drive Emporia, VA 23847 Full Service B&M $63,110
    Union Bank & Trust 100 Lucy Lane Waynesboro, VA 22980 Full Service B&M $63,678
    Union Bank & Trust 100 Moyock Commons Drive Moyock, NC 27958 Full Service B&M $21,914
    Union Bank & Trust 1000 North Main Street Suffolk, VA 23434 Full Service B&M $103,468
    Union Bank & Trust 10045 Kings Highway King George, VA 22485 Full Service B&M $98,269
    Union Bank & Trust 1006 Hardy Road Vinton, VA 24179 Full Service B&M $30,168
    Union Bank & Trust 10131 Jefferson Davis Highway Fredericksburg, VA 22407 Full Service B&M $31,103
    Union Bank & Trust 102 South Main Street Culpeper, VA 22701 Full Service B&M $141,961
    Union Bank & Trust 103 Pocomoke Marketplace Pocomoke City, MD 21851 Full Service B&M $31,952
    Union Bank & Trust 10415 Courthouse Road Spotsylvania, VA 22553 Full Service B&M $56,521
    Union Bank & Trust 1044 Warrenton Road Fredericksburg, VA 22406 Full Service B&M $38,879
    Union Bank & Trust 105 Arbor Drive Christiansburg, VA 24073 Full Service B&M $203,170
    Union Bank & Trust 1051 East Cary Street, Suite 1200 Richmond, VA 23219 Full Service B&M $760,304
    Union Bank & Trust 106 Sixth Street Grottoes, VA 24441 Full Service B&M $39,929
    Union Bank & Trust 1095 Millwood Pike Winchester, VA 22602 Full Service B&M $56,721
    Union Bank & Trust 111 Franklin Rd Suite 100 Roanoke, VA 24011 Full Service B&M $47,353
    Union Bank & Trust 11101 Hull Street Midlothian, VA 23112 Full Service B&M $43,225
    Union Bank & Trust 11101 Midlothian Turnpike Richmond, VA 23235 Full Service B&M $95,151
    Union Bank & Trust 11163 Nuckols Road Glen Allen, VA 23059 Full Service B&M $46,514
    Union Bank & Trust 11263 W. Broad St. Glen Allen, VA 23060 Full Service B&M $126,228
    Union Bank & Trust 1145 North Road Street Elizabeth City, NC 27909 Full Service B&M $65,078
    Union Bank & Trust 115 Lee Jackson Highway Staunton, VA 24401 Full Service B&M $45,186
    Union Bank & Trust 1174 N Main Street Madison, VA 22727 Full Service B&M $101,909
    Union Bank & Trust 1197 North Lee Highway Lexington, VA 24450 Full Service B&M $20,427
    Union Bank & Trust 12090 W Broad St Richmond, VA 23233 Full Service B&M $62,883
    Union Bank & Trust 124 Main Street Lovingston, VA 22949 Full Service B&M $62,304
    Union Bank & Trust 125 West Main Street Bedford, VA 24523 Full Service B&M $83,772
    Union Bank & Trust 1251 West Main Street Salem, VA 24153 Full Service B&M $114,987
    Union Bank & Trust 12601 Jeff Davis Highway Chester, VA 23831 Full Service Retail $28,725
    Union Bank & Trust 1330 Parham Circle Charlottesville, VA 22902 Full Service B&M $27,854
    Union Bank & Trust 134 W Main St Orange, VA 22960 Full Service B&M $43,583
    Union Bank & Trust 13700 Midlothian Turnpike Midlothian, VA 23113 Full Service B&M $76,759
    Union Bank & Trust 1404 West Ehringhaus Street Elizabeth City, NC 27909 Full Service B&M $42,493
    Union Bank & Trust 14739 Moneta Road Moneta, VA 24121 Full Service B&M $58,751
    Union Bank & Trust 14915 Forest Road Forest, VA 24551 Full Service B&M $51,909
    Union Bank & Trust 1500 Mount Pleasant Road Chesapeake, VA 23322 Full Service B&M $27,511
    Union Bank & Trust 1503 South Salisbury Blvd. Salisbury, MD 21801 Full Service B&M $67,115
    Union Bank & Trust 15043 Northumberland Highway Burgess, VA 22432 Full Service B&M $49,928
    Union Bank & Trust 1553 George Washington Memorial Highway Gloucester Point, VA 23062 Full Service B&M $21,766
    Union Bank & Trust 1580 Laskin Road Virginia Beach, VA 23451 Full Service B&M $70,612
    Union Bank & Trust 1601 Willow Lawn Dr., Suite 701 Richmond, VA 23230 Full Service B&M $89,378
    Union Bank & Trust 1649 Tappahannock Blvd Tappahannock, VA 22560 Full Service B&M $45,608
    Union Bank & Trust 1658 State Farm Boulevard Charlottesville, VA 22911 Full Service B&M $109,667
    Union Bank & Trust 1660 Tappahannock Blvd Tappahannock, VA 22560 Full Service Retail $6,847
    Union Bank & Trust 1675 Roanoke Street Se Christiansburg, VA 24073 Full Service B&M $47,959
    Union Bank & Trust 17191 King's Hwy Montross, VA 22520 Full Service B&M $42,748
    Union Bank & Trust 1738 Amherst Street Winchester, VA 22601 Full Service B&M $34,775
    Union Bank & Trust 1773 North Parham Road Richmond, VA 23229 Full Service B&M $63,794
    Union Bank & Trust 2 Town Center Drive Dublin, VA 24084 Full Service B&M $59,319
    Union Bank & Trust 201 Volvo Parkway Chesapeake, VA 23320 Full Service B&M $69,538
    Union Bank & Trust 209 Stonebridge Plaza Avenue North Chesterfield, VA 23225 Full Service B&M $37,074
    Union Bank & Trust 2098 Princess Anne Road Virginia Beach, VA 23456 Full Service B&M $43,754
    Union Bank & Trust 2101 Electric Road Roanoke, VA 24018 Full Service B&M $33,403
    Union Bank & Trust 2101 Forest Avenue Buena Vista, VA 24416 Full Service B&M $28,902
    Union Bank & Trust 2102 Langhorne Road Lynchburg, VA 24501 Full Service B&M $12,557
    Union Bank & Trust 211 North Main Street Bowling Green, VA 22427 Full Service B&M $187,777
    Union Bank & Trust 2151 Barracks Road Charlottesville, VA 22903 Full Service B&M $55,883
    Union Bank & Trust 216 Broadview Avenue Warrenton, VA 20186 Full Service B&M $37,187
    Union Bank & Trust 2235 Gateway Access Point Raleigh, NC 27607 Full Service B&M $53,581
    Union Bank & Trust 22468 Lankford Highway Cape Charles, VA 23310 Full Service B&M $27,132
    Union Bank & Trust 2307 West Beverley Street Staunton, VA 24401 Full Service B&M $38,153
    Union Bank & Trust 231 Southgate Shopping Center Culpeper, VA 22701 Full Service B&M $58,213
    Union Bank & Trust 2325 Dulles Corner Boulevard Suite 100 Herndon, VA 20171 Full Service B&M $456,034
    Union Bank & Trust 239 Battlefield Boulevard South Chesapeake, VA 23322 Full Service B&M $49,393
    Union Bank & Trust 24 South Augusta Street Staunton, VA 24401 Full Service B&M $89,298
    Union Bank & Trust 251 North Poplar Avenue Waynesboro, VA 22980 Full Service B&M $35,576
    Union Bank & Trust 25253 Lankford Highway Onley, VA 23418 Full Service B&M $71,867
    Union Bank & Trust 2600 Stuarts Draft Hwy Stuarts Draft, VA 24477 Full Service B&M $30,537
    Union Bank & Trust 2811 Fall Hill Avenue Fredericksburg, VA 22401 Full Service B&M $102,398
    Union Bank & Trust 2825 Godwin Blvd Suffolk, VA 23434 Full Service B&M $45,577
    Union Bank & Trust 284 North Main Street Kilmarnock, VA 22482 Full Service B&M $27,139
    Union Bank & Trust 374 Lee Hwy Verona, VA 24482 Full Service B&M $91,678
    Union Bank & Trust 3001 Shore Drive Virginia Beach, VA 23451 Full Service B&M $40,630
    Union Bank & Trust 302 Ashcake Road Ashland, VA 23005 Full Service B&M $158,326
    Union Bank & Trust 3099 Boulevard Colonial Heights, VA 23834 Full Service B&M $55,630
    Union Bank & Trust 322 S. Broad Street Edenton, NC 27932 Full Service B&M $29,084
    Union Bank & Trust 3290 Worth Crossing Charlottesville, VA 22911 Full Service B&M $32,942
    Union Bank & Trust 3535 Bridge Road Suffolk, VA 23435 Full Service B&M $22,764
    Union Bank & Trust 3556 West Cary Street Richmond, VA 23221 Full Service B&M $106,351
    Union Bank & Trust 3605 Electric Road Roanoke, VA 24018 Full Service B&M $38,385
    Union Bank & Trust 36081 Goodwin Drive Locust Grove, VA 22508 Full Service B&M $75,882
    Union Bank & Trust 369 Franklin St. Rocky Mount, VA 24151 Full Service B&M $33,287
    Union Bank & Trust 37 E. Main Street Warrenton, VA 20186 Full Service B&M $149,134
    Union Bank & Trust 3708 Richmond Tapahannock Highway King William, VA 23086 Full Service B&M $33,649
    Union Bank & Trust 3804 Brandon Avenue, Sw Roanoke, VA 24018 Full Service B&M $16,136
    Union Bank & Trust 390 University Boulevard Harrisonburg, VA 22801 Full Service B&M $53,806
    Union Bank & Trust 400 East Main Street Charlottesville, VA 22902 Full Service B&M $86,114
    Union Bank & Trust 4037 East Little Creek Road Norfolk, VA 23518 Full Service B&M $27,519
    Union Bank & Trust 4055 Riner Road Riner, VA 24149 Full Service B&M $38,044
    Union Bank & Trust 4071 Lankford Highway Exmore, VA 23350 Full Service B&M $54,230
    Union Bank & Trust 410 Gander Drive Charlottesville, VA 22901 Full Service B&M $103,057
    Union Bank & Trust 4108 Portsmouth Boulevard Chesapeake, VA 23321 Full Service B&M $21,923
    Union Bank & Trust 4109 Plank Rd Fredericksburg, VA 22407 Full Service B&M $109,904
    Union Bank & Trust 433 Us Highway 64 East Plymouth, NC 27962 Full Service B&M $21,022
    Union Bank & Trust 4390 South Laburnum Avenue Richmond, VA 23231 Full Service B&M $34,977
    Union Bank & Trust 440 South Main Street Harrisonburg, VA 22801 Full Service B&M $49,993
    Union Bank & Trust 450 W Main St. Covington, VA 24426 Full Service B&M $64,474
    Union Bank & Trust 4505 Columbus Street, Suite 100 Virginia Beach, VA 23462 Full Service B&M $69,649
    Union Bank & Trust 473 South Street Front Royal, VA 22630 Full Service B&M $58,003
    Union Bank & Trust 4805 Lassen Lane Fredericksburg, VA 22408 Full Service B&M $142,891
    Union Bank & Trust 485 Chesapeake Drive White Stone, VA 22578 Full Service B&M $20,133
    Union Bank & Trust 4960 Monticello Ave Williamsburg, VA 23188 Full Service B&M $29,307
    Union Bank & Trust 50 North Franklin Street Christiansburg, VA 24073 Full Service B&M $95,511
    Union Bank & Trust 50 West Main Street Radford, VA 24141 Full Service B&M $60,175
    Union Bank & Trust 5030 George Washington Memorial Hwy Yorktown, VA 23692 Full Service B&M $29,686
    Union Bank & Trust 5125 John Tyler Highway Williamsburg, VA 23185 Full Service Retail $52,849
    Union Bank & Trust 5300 Patterson Ave. Richmond, VA 23226 Full Service B&M $56,491
    Union Bank & Trust 539 West 21st Street Norfolk, VA 23517 Full Service Retail $55,652
    Union Bank & Trust 5406 N Croatan Highway Kitty Hawk, NC 27949 Full Service B&M $54,944
    Union Bank & Trust 5472 Indian River Road Virginia Beach, VA 23464 Full Service B&M $49,784
    Union Bank & Trust 5510 Morris Road Spotsylvania, VA 22551 Full Service B&M $24,603
    Union Bank & Trust 5700 Brook Road Richmond, VA 23227 Full Service B&M $24,140
    Union Bank & Trust 5803 Rolling Road Springfield, VA 22152 Full Service B&M $88,626
    Union Bank & Trust 5831 Plank Road Fredericksburg, VA 22407 Full Service B&M $38,155
    Union Bank & Trust 5839 Richmond Rd Warsaw, VA 22572 Full Service B&M $117,985
    Union Bank & Trust 5980 Thomas Jefferson Pkwy Palmyra, VA 22963 Full Service B&M $61,131
    Union Bank & Trust 601 North Main Street Blacksburg, VA 24060 Full Service B&M $114,023
    Union Bank & Trust 603 Pilot House Drive, Suite 100 Newport News, VA 23606 Full Service B&M $39,113
    Union Bank & Trust 6030 Harbour Park Dr Midlothian, VA 23112 Full Service B&M $103,715
    Union Bank & Trust 605 Wenonah Avenue Pearisburg, VA 24134 Full Service B&M $45,391
    Union Bank & Trust 622 Cambridge Street Fredericksburg, VA 22405 Full Service B&M $24,773
    Union Bank & Trust 6350 Maddox Blvd Chincoteague, VA 23336 Full Service B&M $42,877
    Union Bank & Trust 641 Lynnhaven Parkway Virginia Beach, VA 23452 Full Service B&M $24,497
    Union Bank & Trust 6479 Mechanicsville Turnpike Mechanicsville, VA 23111 Full Service B&M $56,395
    Union Bank & Trust 6551 Centralia Road Chesterfield, VA 23832 Full Service B&M $40,640
    Union Bank & Trust 6720 Sutton Road Gloucester, VA 23061 Full Service B&M $61,331
    Union Bank & Trust 680 E. Main Street Floyd, VA 24091 Full Service B&M $28,185
    Union Bank & Trust 7 Bank Road Washington, VA 22747 Full Service B&M $79,444
    Union Bank & Trust 7019 Three Chopt Road, Suite F Richmond, VA 23226 Full Service Retail $56,173
    Union Bank & Trust 712 Liberty Street Chesapeake, VA 23324 Full Service B&M $13,228
    Union Bank & Trust 713 Independence Boulevard Virginia Beach, VA 23455 Full Service B&M $67,278
    Union Bank & Trust 717 James Madison Highway Culpeper, VA 22701 Full Service B&M $57,323
    Union Bank & Trust 725 Kenmore Ave. Fredericksburg, VA 22401 Full Service B&M $141,256
    Union Bank & Trust 7337 Williamson Road Nw Roanoke, VA 24019 Full Service B&M $57,704
    Union Bank & Trust 7349 Ladysmith Road Ruther Glen, VA 22546 Full Service B&M $86,337
    Union Bank & Trust 8209 West Broad Street Richmond, VA 23294 Full Service B&M $87,892
    Union Bank & Trust 8300 Bell Creek Road Mechanicsville, VA 23116 Full Service B&M $42,594
    Union Bank & Trust 840 Mckinney Blvd. Colonial Beach, VA 22443 Full Service B&M $42,380
    Union Bank & Trust 852 North George Washington Highway Chesapeake, VA 23323 Full Service B&M $33,631
    Union Bank & Trust 8983 Staples Mill Road Richmond, VA 23228 Full Service B&M $63,875
    Union Bank & Trust 900 North 4th Street Wytheville, VA 24382 Full Service B&M $69,133
    Union Bank & Trust 9027 Forest Hill Avenue Richmond, VA 23235 Full Service B&M $84,814
    Union Bank & Trust 9534 Chamberlayne Road Mechanicsville, VA 23116 Full Service B&M $52,327
    Union Bank & Trust 9605 Gayton Rd Richmond, VA 23238 Full Service B&M $65,217
    Union Bank & Trust 9665 Sliding Hill Rd Ashland, VA 23005 Full Service B&M $111,803
    Union Bank & Trust 999 Waterside Drive Norfolk, VA 23510 Full Service B&M $20,346

    For 2018, Atlantic Union Bank had 146 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $528,788
    Net interest income $441,945
    Total noninterest income $104,183
    Gross Fiduciary activities income $5,536
    Service charges on deposit accounts $25,439
    Trading account gains and fees $3,554
    Additional Noninterest Income $69,654
    Pre-tax net operating income $205,361
    Securities gains (or losses, -) $382
    Income before extraordinary items $169,552
    Discontinued Operations (Extraordinary gains, net) $-3,165
    Net income of bank and minority interests $166,387
    Minority interest net income $0
    Net income $166,387
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $169,238

    Atlantic Union Bank's gross interest income from loans was $528,788,000.
    Atlantic Union Bank's net interest income from loans was $441,945,000.
    Atlantic Union Bank's fee based income from loans was $25,439,000.
    Atlantic Union Bank's net income from loans was $166,387,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $86,843
    Provision for credit losses $14,084
    Total noninterest expense $326,683
    Salaries and employee benefits $159,376
    Premises and equipment expense $38,388
    Additional noninterest expense $128,919
    Applicable income taxes $36,191
    Net charge-offs $11,062
    Cash dividends $50,750

    Atlantic Union Bank's interest expense for loans was $86,843,000.
    Atlantic Union Bank's payroll and benefits expense were $159,376,000.
    Atlantic Union Bank's property, plant and equipment expenses $38,388,000.

    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 $9,978,685
    Deposits held in domestic offices $9,978,685
    Deposits by Individuals, partnerships, and corporations $9,363,945
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $588,022
    Deposits by Commercial banks and other depository institutions in U.S. $26,716
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $588,906
    Demand deposits $69,526
    Nontransaction accounts $9,389,778
    Money market deposit accounts (MMDAs) $2,875,301
    Other savings deposits (excluding MMDAs) $4,402,219
    Total time deposits $2,112,258
    Total time and savings deposits $9,909,158
    Noninterest-bearing deposits $2,102,332
    Interest-bearing deposits $7,876,353
    Retail deposits $9,510,300
    IRAs and Keogh plan accounts $285,284
    Brokered deposits $212,923
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $13,732,008
    Cash & Balances due from depository institutions $262,145
    Interest-bearing balances $95,218
    Total securities $2,261,671
    Federal funds sold & reverse repurchase $216
    Net loans and leases $9,675,162
    Loan and leases loss allowance $41,045
    Trading account assets $19,180
    Bank premises and fixed assets $131,669
    Other real estate owned $8,813
    Goodwill and other intangibles $775,853
    All other assets $597,299

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $13,732,009
    Total Liabilities $11,538,745
    Total deposits $9,978,685
    Interest-bearing deposits $7,876,353
    Deposits held in domestic offices $9,978,685
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $39,197
    Trading liabilities $19,180
    Other borrowed funds $1,420,682
    Subordinated debt $0
    All other liabilities $81,001

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $9,675,162
    Loan and leases loss allowance $41,045
    Total loans and leases (domestic) $9,716,207
    All real estate loans $7,510,705
    Real estate loans in domestic offices $7,510,705
    Construction and development loans $1,194,821
    Residential 1-4 family construction $225,914
    Other construction, all land development and other land $968,907
    Loans secured by nonfarm nonresidential properties $3,804,755
    Nonfarm nonresidential secured by owner-occupied properties $1,337,345
    Commercial real estate & other non-farm, non-residential $2,467,410
    Multifamily residential real estate $548,231
    1-4 family residential loans $1,927,711
    Farmland loans $35,187
    Loans held in foreign offices $0
    Farm loans $16,605
    Commercial and industrial loans $1,317,135
    To non-U.S. addressees $0
    Loans to individuals $681,734
    Credit card loans $0
    Related Plans $27,798
    Consumer Auto Loans $301,943
    Other loans to individuals $351,993
    All other loans & leases $190,028
    Loans to foreign governments and official institutions $0
    Other loans $120,751
    Loans to depository institutions and acceptances of other banks $11,529
    Loans not secured by real estate $110,443
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $16,347
    Non 1-4 family restructured loans & leases $10,366
    Total loans and leases (foreign) $0

    Atlantic Union Bank had $9,675,162,000 of loans outstanding in 2018. $7,510,705,000 of loans were in real estate loans. $1,194,821,000 of loans were in development loans. $548,231,000 of loans were in multifamily mortgage loans. $1,927,711,000 of loans were in 1-4 family mortgage loans. $16,605,000 of loans were in farm loans. $0 of loans were in credit card loans. $301,943,000 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 3,097 $933,838 $301,530
    Nonfarm, nonresidential loans - <$100k 341 $18,517 $54,302
    Nonfarm, nonresidential loans - $100-250k 924 $130,124 $140,827
    Nonfarm, nonresidential loans - $250k-1MM 1,832 $785,197 $428,601
    Commercial & Industrial, US addressed loans - <$1MM 4,373 $397,780 $90,963
    Commercial & Industrial, US addressed loans - <$100k 2,929 $95,838 $32,720
    Commercial & Industrial, US addressed loans - $100-250k 792 $90,832 $114,687
    Commercial & Industrial, US addressed loans - $250k-1MM 652 $211,110 $323,788
    Farmland loans - <$1MM 85 $11,770 $138,471
    Farmland loans - <$100k 30 $1,366 $45,533
    Farmland loans - $100-250k 36 $4,944 $137,333
    Farmland loans - $250k-1MM 19 $5,460 $287,368
    Agriculture operations loans - <$1MM 102 $5,376 $52,706
    Agriculture operations loans - <$100k 80 $1,815 $22,688
    Agriculture operations loans - $100-250k 15 $1,626 $108,400
    Agriculture operations loans - $250k-1MM 7 $1,935 $276,429