Atlantic Union Bank Mortgage Rates, Fees & Info

Richmond, VA

LEI: 549300ZTT08EKQRVTR15

Tax ID: 80-0463989

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Atlantic Union Bank is a smaller bank specializing in Home Purchase and Refi loans. Atlantic Union Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Washington, Richmond, Virginia Beach, Atlanta, and Roanoke among others. Atlantic Union Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Atlantic Union Bank is typically an average fee lendor.


Originations

3,800

Origination Dollar Volume (All Markets)

$805,130,000

Employee count

1,989

Awards

Atlantic Union Bank FHA Loans bronze
Show all (1) awards

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 655 $227,785,000 $347,763 $5,055 5.04%
RICHMOND, VA (FHA|USDA|VA) 690 $111,410,000 $161,464 $4,038 5.52%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 305 $77,185,000 $253,066 $3,077 5.71%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 217 $71,075,000 $327,535 $6,456 4.40%
Outside of Metro Areas 443 $51,445,000 $116,129 $3,455 5.67%
ROANOKE, VA (FHA|USDA|VA) 222 $31,780,000 $143,153 $4,797 5.42%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 89 $28,015,000 $314,775 $5,938 4.67%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 137 $20,225,000 $147,628 $2,733 5.78%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 163 $18,485,000 $113,405 $2,712 5.87%
Bluefield, WV-VA (FHA|USDA|VA) 156 $18,480,000 $118,462 $5,100 4.42%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 68 $17,200,000 $252,941 $3,014 4.36%
STAUNTON, VA (FHA|USDA|VA) 149 $15,305,000 $102,718 $2,729 5.89%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 19 $15,035,000 $791,316 $6,436 4.70%
LYNCHBURG, VA (FHA|USDA|VA) 113 $12,485,000 $110,487 $3,154 5.50%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 57 $11,225,000 $196,930 $5,334 4.49%
HARRISONBURG, VA (FHA|USDA|VA) 61 $6,425,000 $105,328 $3,568 5.93%
SALISBURY, MD-DE (FHA|USDA|VA) 19 $5,655,000 $297,632 $3,884 5.14%
RALEIGH-CARY, NC (FHA|USDA|VA) 12 $4,600,000 $383,333 $3,802 5.40%
Kill Devil Hills, NC (FHA|USDA|VA) 13 $4,195,000 $322,692 $4,733 4.92%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 9 $4,055,000 $450,556 $4,176 4.78%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 17 $2,915,000 $171,471 $5,730 4.40%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $2,455,000 $350,714 $3,944 4.45%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 6 $2,130,000 $355,000 $4,126 4.29%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $2,055,000 $411,000 $5,179 3.98%
WINCHESTER, VA-WV (FHA|USDA|VA) 12 $2,030,000 $169,167 $3,862 5.11%
WILMINGTON, NC (FHA|USDA|VA) 4 $1,980,000 $495,000 $3,664 4.75%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $1,975,000 $1,975,000 $27,948 3.88%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 4 $1,800,000 $450,000 $4,830 4.00%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $1,775,000 $1,775,000 $0 4.49%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 5 $1,715,000 $343,000 $6,145 4.20%
Easton, MD (FHA|USDA|VA) 1 $1,695,000 $1,695,000 $27,120 4.25%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $1,445,000 $481,667 $3,905 4.79%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $1,380,000 $230,000 $4,583 4.25%
Elizabeth City, NC (FHA|USDA|VA) 10 $1,330,000 $133,000 $1,998 4.96%
GAINESVILLE, GA (FHA|USDA|VA) 5 $1,295,000 $259,000 $6,624 4.25%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $1,045,000 $209,000 $4,311 4.15%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 7 $1,025,000 $146,429 $4,657 4.66%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $1,005,000 $335,000 $7,149 4.17%
Heber, UT (FHA|USDA|VA) 1 $885,000 $885,000 $0 4.65%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $860,000 $430,000 $5,128 4.75%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $845,000 $281,667 $9,894 4.29%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $695,000 $231,667 $6,041 4.33%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $675,000 $675,000 $7,309 3.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 5 $665,000 $133,000 $5,159 5.05%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $650,000 $325,000 $10,610 4.19%
SANTA FE, NM (FHA|USDA|VA) 1 $535,000 $535,000 $2,970 4.63%
Wilson, NC (FHA|USDA|VA) 1 $525,000 $525,000 $0 5.25%
GETTYSBURG, PA (FHA|USDA|VA) 2 $490,000 $245,000 $5,957 4.19%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $490,000 $245,000 $8,405 4.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $460,000 $230,000 $4,285 4.31%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $430,000 $215,000 $4,808 3.81%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $410,000 $205,000 $4,663 4.44%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $385,000 $385,000 $4,088 4.00%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $375,000 $375,000 $0 4.95%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $370,000 $185,000 $6,289 4.88%
BURLINGTON, NC (FHA|USDA|VA) 2 $370,000 $185,000 $0 5.53%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $355,000 $355,000 $3,390 3.88%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $355,000 $355,000 $6,534 5.38%
Clarksburg, WV (FHA|USDA|VA) 2 $350,000 $175,000 $5,412 3.88%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $350,000 $175,000 $5,723 4.69%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $335,000 $335,000 $4,220 4.50%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $330,000 $165,000 $3,987 4.06%
RENO, NV (FHA|USDA|VA) 1 $315,000 $315,000 $5,881 4.13%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $305,000 $305,000 $3,250 4.88%
DOVER, DE (FHA|USDA|VA) 1 $305,000 $305,000 $3,290 4.75%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $305,000 $305,000 $4,636 4.13%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $295,000 $295,000 $2,876 3.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $295,000 $295,000 $6,370 4.00%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $275,000 $275,000 $8,911 3.63%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $6,984 5.00%
Wooster, OH (FHA|USDA|VA) 2 $270,000 $135,000 $3,650 4.50%
BATON ROUGE, LA (FHA|USDA|VA) 1 $265,000 $265,000 $3,914 3.38%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $265,000 $265,000 $6,388 4.63%
ASHEVILLE, NC (FHA|USDA|VA) 1 $265,000 $265,000 $2,809 4.13%
SAVANNAH, GA (FHA|USDA|VA) 2 $260,000 $130,000 $5,189 5.06%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,116 3.75%
Martinsville, VA (FHA|USDA|VA) 2 $250,000 $125,000 $5,312 3.75%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $245,000 $245,000 $8,032 5.38%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,393 3.88%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $235,000 $235,000 $7,182 4.38%
Jefferson, GA (FHA|USDA|VA) 1 $225,000 $225,000 $7,088 6.00%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $225,000 $225,000 $3,112 4.13%
FAIRBANKS, AK (FHA|USDA|VA) 1 $215,000 $215,000 $4,537 5.13%
MORGANTOWN, WV (FHA|USDA|VA) 1 $215,000 $215,000 $4,970 3.88%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $215,000 $215,000 $6,815 3.50%
OWENSBORO, KY (FHA|USDA|VA) 1 $205,000 $205,000 $11,432 3.63%
Minden, LA (FHA|USDA|VA) 1 $205,000 $205,000 $3,675 4.38%
PITTSBURGH, PA (FHA|USDA|VA) 1 $195,000 $195,000 $5,273 3.63%
VALDOSTA, GA (FHA|USDA|VA) 1 $195,000 $195,000 $7,577 3.88%
KNOXVILLE, TN (FHA|USDA|VA) 1 $195,000 $195,000 $3,489 4.50%
Nogales, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $600 4.50%
OCALA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,165 3.75%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $165,000 $165,000 $3,437 4.25%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $145,000 $145,000 $6,867 3.50%
JOPLIN, MO (FHA|USDA|VA) 1 $145,000 $145,000 $2,938 5.13%
LEBANON, PA (FHA|USDA|VA) 1 $145,000 $145,000 $3,666 5.00%
Cedartown, GA (FHA|USDA|VA) 1 $135,000 $135,000 $6,868 4.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.25%
Glasgow, KY (FHA|USDA|VA) 1 $135,000 $135,000 $4,484 4.50%
TUCSON, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $3,116 5.38%
Clearlake, CA (FHA|USDA|VA) 1 $135,000 $135,000 $3,060 4.38%
Angola, IN (FHA|USDA|VA) 1 $135,000 $135,000 $2,649 4.25%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $120,000 $60,000 $2,951 5.00%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $105,000 $105,000 $4,415 5.25%
Richmond, IN (FHA|USDA|VA) 1 $95,000 $95,000 $2,402 4.50%
Tifton, GA (FHA|USDA|VA) 1 $95,000 $95,000 $5,692 4.63%
ROME, GA (FHA|USDA|VA) 1 $85,000 $85,000 $5,259 4.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $85,000 $85,000 $2,122 5.75%
Holland, MI (FHA|USDA|VA) 1 $85,000 $85,000 $2,360 4.38%
Danville, VA (FHA|USDA|VA) 2 $80,000 $40,000 $0 6.24%
KOKOMO, IN (FHA|USDA|VA) 1 $75,000 $75,000 $2,498 4.50%
Duncan, OK (FHA|USDA|VA) 1 $75,000 $75,000 $3,945 5.25%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $65,000 $65,000 $3,015 5.00%
ERIE, PA (FHA|USDA|VA) 1 $55,000 $55,000 $2,956 3.88%

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

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 3,366 $720,900,000 $214,171 $4,120 5.40%
FHA 264 $50,050,000 $189,583 $7,368 4.33%
USDA 96 $11,960,000 $124,583 $5,029 4.33%
VA 74 $22,220,000 $300,270 $6,476 4.22%

For the 2019 period, Atlantic Union Bank's most frequently originated loan type of loans were Conventional, with 3,366 originations. Their 2nd most popular type is FHA, with 264 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,292 $381,870,000 $295,565 $5,551 4.61%
Other 1,219 $128,135,000 $105,115 $400 5.96%
Refi 594 $188,230,000 $316,886 $3,488 5.08%
Home Improvement 460 $41,240,000 $89,652 $413 6.08%
Cash Out Refi 235 $65,655,000 $279,383 $4,940 4.33%

For the 2019, Atlantic Union Bank's most frequently cited loan purpose of loans were Home Purchase, with 1,292 originations. The 2nd most popular reason of loans were Other, with 1,219 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 3,134 $576,860,000 $184,065 $5,398 5.23%
5 Year 160 $47,880,000 $299,250 $291 5.08%
15 Year 142 $28,320,000 $199,437 $3,384 4.62%
1 Year 124 $34,460,000 $277,903 $4,679 6.16%
20 Year 112 $15,760,000 $140,714 $1,394 6.39%
10 Year 66 $51,060,000 $773,636 $643 6.10%
Other 33 $15,175,000 $459,848 $2,002 5.26%
30+ year 23 $17,465,000 $759,348 $6,145 4.16%
3 Year 6 $18,150,000 $3,025,000 $146 5.12%

For the 2019, Atlantic Union Bank's most frequently cited loan length of loans were 30 Year, with 3,134 originations. The 2nd most popular length of loans were 5 Year, with 160 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 749 $214,485,000 $286,362
$2k-3k 342 $82,420,000 $240,994
$<1k 288 $34,920,000 $121,250
$3k-4k 218 $63,460,000 $291,101
$5k+ 109 $60,005,000 $550,505

$5,398 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 749 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
5-6% 1,275 $187,165,000 $146,796
4-5% 1,214 $359,580,000 $296,194
3-4% 565 $203,705,000 $360,540
6-7% 446 $41,970,000 $94,103
7-8% 194 $8,500,000 $43,814
Over 8% 104 $3,920,000 $37,692
2.5-3% 1 $225,000 $225,000

During 2019, Atlantic Union Bank's average interest rate of loans were 5.23%, while their most frequently originated rate bucket of loans were 5-6%, with 1,275 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 1,441 $80,725,000 $56,020 $1,968 6.05%
$100k-200k 1,114 $160,390,000 $143,977 $4,473 5.08%
$200k-400k 846 $229,050,000 $270,745 $5,575 4.64%
$400k-600k 214 $102,640,000 $479,626 $5,912 4.47%
$600k-1MM 133 $97,655,000 $734,248 $7,046 4.32%
$1MM+ 52 $134,670,000 $2,589,808 $13,503 4.33%

2019 saw Atlantic Union Bank place emphasis on $100,000 or less loans with 1,441 originations, totaling $80,725,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 768 $99,150,000 $129,102 $4,424 5.35%
$50k or less 742 $67,300,000 $90,701 $3,709 5.52%
$100k-150k 700 $138,890,000 $198,414 $5,151 5.20%
$75k-100k 544 $83,900,000 $154,228 $4,891 5.26%
$150k-250k 430 $116,950,000 $271,977 $5,270 5.10%
$250k+ 272 $129,330,000 $475,478 $6,638 4.90%

Atlantic Union Bank lent most frequently to those with incomes in the $50k-75k range, with 768 originations. The second most popular income band? $50k or less, with 742 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 771 $147,455,000 $191,252 $4,836 5.19%
30-36% 632 $118,170,000 $186,978 $4,600 5.27%
<20% 296 $69,740,000 $235,608 $4,208 5.17%
44% 249 $32,245,000 $129,498 $5,386 5.55%
49% 235 $35,345,000 $150,404 $5,328 5.23%
39% 177 $26,915,000 $152,062 $4,799 5.99%
38% 121 $21,735,000 $179,628 $4,466 5.28%
37% 117 $17,955,000 $153,462 $4,579 5.52%
36% 116 $21,100,000 $181,897 $4,638 5.49%
40% 114 $24,340,000 $213,509 $5,486 5.01%
43% 110 $19,290,000 $175,364 $4,957 5.12%
42% 107 $22,855,000 $213,598 $5,428 4.99%
41% 102 $18,910,000 $185,392 $4,099 5.18%
48% 87 $15,035,000 $172,816 $4,865 5.14%
47% 82 $18,260,000 $222,683 $5,319 4.95%
45% 76 $14,480,000 $190,526 $4,652 5.08%
46% 58 $9,200,000 $158,621 $4,001 5.07%
50-60% 30 $7,780,000 $259,333 $7,225 4.87%
>60% 17 $5,345,000 $314,412 $2,195 5.54%

Atlantic Union Bank lent most frequently to those with DTI ratios of 20-30%, with 771 originations. The next most common DTI ratio? 30-36%, with 632 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 3,145 $569,165,000 $180,975 $4,704 5.29%
Not applicable 285 $154,135,000 $540,825 $0 5.40%
Black 205 $31,665,000 $154,463 $5,108 5.42%
Not provided 86 $29,070,000 $338,023 $5,226 4.26%
Asian 63 $18,545,000 $294,365 $5,755 4.84%
American Indian 7 $1,435,000 $205,000 $4,935 5.85%
Native Hawaiian 2 $390,000 $195,000 $3,210 5.12%
Korean 1 $205,000 $205,000 $0 4.75%
Vietnamese 1 $185,000 $185,000 $0 4.75%
Asian Indian 3 $185,000 $61,667 $534 5.93%
Other Asian 2 $150,000 $75,000 $484 5.85%

Approval Rates

Total approvals of all applications
78.48%

Atlantic Union Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
84.88%

Atlantic Union Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 3,800 $805,130,000 $211,876

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 33 $82,565,000 $2,501,970
Single Family (1-4 Units):Manufactured 77 $4,775,000 $62,013
Single Family (1-4 Units):Site-Built 3,690 $717,790,000 $194,523

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 804 $85,620,000 $106,493 $1,958 5.77%
40-60% 451 $103,415,000 $229,302 $3,430 5.28%
60-80% 797 $258,645,000 $324,523 $4,592 4.92%
80-100% 1,028 $287,920,000 $280,078 $5,669 4.50%
Over 100% 67 $34,945,000 $521,567 $10,748 4.55%
Under 20% 653 $34,585,000 $52,963 $458 6.41%

Complaints

Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
Atlantic Union Bankshares, Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
Atlantic Union Bankshares, Inc. Conventional home mortgage Closing on a mortgage 1 33.3%
Atlantic Union Bankshares, Inc. Conventional home mortgage Trouble during payment process 1 33.3%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Atlantic Union Bank 102 South Main Street Culpeper, VA 22701 Full Service B&M $152,715
Atlantic Union Bank 100 Dominion Drive Emporia, VA 23847 Full Service B&M $64,250
Atlantic Union Bank 100 Lucy Lane Waynesboro, VA 22980 Full Service B&M $71,353
Atlantic Union Bank 100 Moyock Commons Drive Moyock, NC 27958 Full Service B&M $21,381
Atlantic Union Bank 1000 North Main Street Suffolk, VA 23434 Full Service B&M $99,787
Atlantic Union Bank 10045 Kings Highway King George, VA 22485 Full Service B&M $108,938
Atlantic Union Bank 1006 Hardy Road Vinton, VA 24179 Full Service B&M $30,089
Atlantic Union Bank 10131 Jefferson Davis Highway Fredericksburg, VA 22407 Full Service B&M $34,781
Atlantic Union Bank 102 Catoctin Circle Southeast Leesburg, VA 20175 Full Service B&M $200,155
Atlantic Union Bank 11101 Midlothian Turnpike Richmond, VA 23235 Full Service B&M $100,298
Atlantic Union Bank 11163 Nuckols Road Glen Allen, VA 23059 Full Service B&M $52,002
Atlantic Union Bank 11263 W. Broad St. Glen Allen, VA 23060 Full Service B&M $124,053
Atlantic Union Bank 1145 North Road Street Elizabeth City, NC 27909 Full Service B&M $61,696
Atlantic Union Bank 115 Lee Jackson Highway Staunton, VA 24401 Full Service B&M $44,494
Atlantic Union Bank 1174 N Main Street Madison, VA 22727 Full Service B&M $103,884
Atlantic Union Bank 1197 North Lee Highway Lexington, VA 24450 Full Service B&M $45,831
Atlantic Union Bank 12090 W Broad St Richmond, VA 23233 Full Service B&M $50,965
Atlantic Union Bank 124 Main Street Lovingston, VA 22949 Full Service B&M $68,644
Atlantic Union Bank 125 West Main Street Bedford, VA 24523 Full Service B&M $82,029
Atlantic Union Bank 1251 West Main Street Salem, VA 24153 Full Service B&M $114,611
Atlantic Union Bank 12601 Jeff Davis Highway Chester, VA 23831 Full Service Retail $29,950
Atlantic Union Bank 13700 Midlothian Turnpike Midlothian, VA 23113 Full Service B&M $76,426
Atlantic Union Bank 1404 West Ehringhaus Street Elizabeth City, NC 27909 Full Service B&M $41,857
Atlantic Union Bank 14739 Moneta Road Moneta, VA 24121 Full Service B&M $60,355
Atlantic Union Bank 14915 Forest Road Forest, VA 24551 Full Service B&M $55,518
Atlantic Union Bank 1500 Mount Pleasant Road Chesapeake, VA 23322 Full Service B&M $29,366
Atlantic Union Bank 1503 South Salisbury Blvd. Salisbury, MD 21801 Full Service B&M $61,976
Atlantic Union Bank 15043 Northumberland Highway Burgess, VA 22432 Full Service B&M $48,430
Atlantic Union Bank 1553 George Washington Memorial Highway Gloucester Point, VA 23062 Full Service B&M $22,949
Atlantic Union Bank 1580 Laskin Road Virginia Beach, VA 23451 Full Service B&M $75,622
Atlantic Union Bank 1601 Willow Lawn Dr., Suite 701 Richmond, VA 23230 Full Service B&M $120,799
Atlantic Union Bank 1649 Tappahannock Blvd Tappahannock, VA 22560 Full Service B&M $46,905
Atlantic Union Bank 1658 State Farm Boulevard Charlottesville, VA 22911 Full Service B&M $118,052
Atlantic Union Bank 1660 Tappahannock Blvd Tappahannock, VA 22560 Full Service Retail $8,413
Atlantic Union Bank 1675 Roanoke Street Se Christiansburg, VA 24073 Full Service B&M $47,734
Atlantic Union Bank 17191 King's Hwy Montross, VA 22520 Full Service B&M $44,088
Atlantic Union Bank 1738 Amherst Street Winchester, VA 22601 Full Service B&M $89,639
Atlantic Union Bank 1773 North Parham Road Richmond, VA 23229 Full Service B&M $78,062
Atlantic Union Bank 1800 Robert Fulton Drive, Suite 310 Reston, VA 20191 Full Service B&M $462,349
Atlantic Union Bank 2 Town Center Drive Dublin, VA 24084 Full Service B&M $104,127
Atlantic Union Bank 201 Volvo Parkway Chesapeake, VA 23320 Full Service B&M $69,703
Atlantic Union Bank 2050 Ballenger Avenue Alexandria, VA 22314 Full Service B&M $125,608
Atlantic Union Bank 209 Stonebridge Plaza Avenue North Chesterfield, VA 23225 Full Service B&M $38,086
Atlantic Union Bank 2098 Princess Anne Road Virginia Beach, VA 23456 Full Service B&M $45,281
Atlantic Union Bank 2102 Langhorne Road Lynchburg, VA 24501 Full Service B&M $14,712
Atlantic Union Bank 211 North Main Street Bowling Green, VA 22427 Full Service B&M $253,530
Atlantic Union Bank 2151 Barracks Road Charlottesville, VA 22903 Full Service B&M $53,390
Atlantic Union Bank 216 Broadview Avenue Warrenton, VA 20186 Full Service B&M $48,553
Atlantic Union Bank 2235 Gateway Access Point Raleigh, NC 27607 Full Service B&M $41,418
Atlantic Union Bank 22468 Lankford Highway Cape Charles, VA 23310 Full Service B&M $27,492
Atlantic Union Bank 2300 Wilson Boulevard Arlington, VA 22201 Full Service B&M $61,268
Atlantic Union Bank 2307 West Beverley Street Staunton, VA 24401 Full Service B&M $38,866
Atlantic Union Bank 231 Southgate Shopping Center Culpeper, VA 22701 Full Service B&M $65,059
Atlantic Union Bank 2325 Dulles Corner Boulevard Suite 100 Herndon, VA 20171 Full Service B&M $498,151
Atlantic Union Bank 239 Battlefield Boulevard South Chesapeake, VA 23322 Full Service B&M $56,836
Atlantic Union Bank 24 South Augusta Street Staunton, VA 24401 Full Service B&M $90,652
Atlantic Union Bank 251 North Poplar Avenue Waynesboro, VA 22980 Full Service B&M $37,384
Atlantic Union Bank 25253 Lankford Highway Onley, VA 23418 Full Service B&M $66,396
Atlantic Union Bank 2600 Stuarts Draft Hwy Stuarts Draft, VA 24477 Full Service B&M $31,464
Atlantic Union Bank 2811 Fall Hill Avenue Fredericksburg, VA 22401 Full Service B&M $108,863
Atlantic Union Bank 2825 Godwin Blvd Suffolk, VA 23434 Full Service B&M $45,113
Atlantic Union Bank 284 North Main Street Kilmarnock, VA 22482 Full Service B&M $50,293
Atlantic Union Bank 3001 Shore Drive Virginia Beach, VA 23451 Full Service B&M $45,886
Atlantic Union Bank 302 Ashcake Road Ashland, VA 23005 Full Service B&M $165,444
Atlantic Union Bank 3099 Boulevard Colonial Heights, VA 23834 Full Service B&M $56,914
Atlantic Union Bank 322 S. Broad Street Edenton, NC 27932 Full Service B&M $28,588
Atlantic Union Bank 3290 Worth Crossing Charlottesville, VA 22911 Full Service B&M $35,178
Atlantic Union Bank 3535 Bridge Road Suffolk, VA 23435 Full Service B&M $20,381
Atlantic Union Bank 3556 West Cary Street Richmond, VA 23221 Full Service B&M $107,062
Atlantic Union Bank 3605 Electric Road Roanoke, VA 24018 Full Service B&M $66,817
Atlantic Union Bank 36081 Goodwin Drive Locust Grove, VA 22508 Full Service B&M $80,988
Atlantic Union Bank 369 Franklin St. Rocky Mount, VA 24151 Full Service B&M $36,735
Atlantic Union Bank 3708 Richmond Tapahannock Highway King William, VA 23086 Full Service B&M $37,490
Atlantic Union Bank 374 Lee Hwy Verona, VA 24482 Full Service B&M $85,707
Atlantic Union Bank 3804 Brandon Avenue, Sw Roanoke, VA 24018 Full Service B&M $16,691
Atlantic Union Bank 390 University Boulevard Harrisonburg, VA 22801 Full Service B&M $35,920
Atlantic Union Bank 400 East Main Street Charlottesville, VA 22902 Full Service B&M $97,329
Atlantic Union Bank 4037 East Little Creek Road Norfolk, VA 23518 Full Service B&M $26,881
Atlantic Union Bank 4055 Riner Road Riner, VA 24149 Full Service B&M $39,028
Atlantic Union Bank 4071 Lankford Highway Exmore, VA 23350 Full Service B&M $60,168
Atlantic Union Bank 410 Gander Drive Charlottesville, VA 22901 Full Service B&M $130,815
Atlantic Union Bank 4108 Portsmouth Boulevard Chesapeake, VA 23321 Full Service B&M $21,171
Atlantic Union Bank 4109 Plank Rd Fredericksburg, VA 22407 Full Service B&M $110,896
Atlantic Union Bank 4221 Walney Road, Suite 120 Chantilly, VA 20151 Full Service B&M $317,001
Atlantic Union Bank 431 East Main Street Purcellville, VA 20132 Full Service B&M $109,863
Atlantic Union Bank 433 Us Highway 64 East Plymouth, NC 27962 Full Service B&M $20,984
Atlantic Union Bank 43325 Junction Plaza Ashburn, VA 20147 Full Service B&M $83,557
Atlantic Union Bank 4390 South Laburnum Avenue Richmond, VA 23231 Full Service B&M $37,072
Atlantic Union Bank 440 South Main Street Harrisonburg, VA 22801 Full Service B&M $49,168
Atlantic Union Bank 450 W Main St. Covington, VA 24426 Full Service B&M $71,933
Atlantic Union Bank 473 South Street Front Royal, VA 22630 Full Service B&M $62,944
Atlantic Union Bank 7349 Ladysmith Road Ruther Glen, VA 22546 Full Service B&M $86,196
Atlantic Union Bank 8190 Stonewall Shops Square Gainesville, VA 20155 Full Service B&M $32,266
Atlantic Union Bank 8209 West Broad Street Richmond, VA 23294 Full Service B&M $86,626
Atlantic Union Bank 8221 Old Courthouse Road Suite 100 Vienna, VA 22182 Full Service B&M $139,522
Atlantic Union Bank 8300 Bell Creek Road Mechanicsville, VA 23116 Full Service B&M $52,586
Atlantic Union Bank 8383 West Main Street Marshall, VA 20115 Full Service B&M $25,412
Atlantic Union Bank 840 Mckinney Blvd. Colonial Beach, VA 22443 Full Service B&M $44,352
Atlantic Union Bank 852 North George Washington Highway Chesapeake, VA 23323 Full Service B&M $29,814
Atlantic Union Bank 8525 Rolling Road Manassas, VA 20110 Full Service B&M $42,468
Atlantic Union Bank 8983 Staples Mill Road Richmond, VA 23228 Full Service B&M $73,527
Atlantic Union Bank 900 North 4th Street Wytheville, VA 24382 Full Service B&M $71,765
Atlantic Union Bank 9027 Forest Hill Avenue Richmond, VA 23235 Full Service B&M $130,138
Atlantic Union Bank 4805 Lassen Lane Fredericksburg, VA 22408 Full Service B&M $171,958
Atlantic Union Bank 4960 Monticello Ave Williamsburg, VA 23188 Full Service B&M $31,612
Atlantic Union Bank 50 North Franklin Street Christiansburg, VA 24073 Full Service B&M $94,262
Atlantic Union Bank 50 West Main Street Radford, VA 24141 Full Service B&M $76,451
Atlantic Union Bank 5030 George Washington Memorial Hwy Yorktown, VA 23692 Full Service B&M $38,111
Atlantic Union Bank 5125 John Tyler Highway Williamsburg, VA 23185 Full Service Retail $60,941
Atlantic Union Bank 530 Blackwell Road Warrenton, VA 20186 Full Service B&M $148,372
Atlantic Union Bank 5300 Patterson Ave. Richmond, VA 23226 Full Service B&M $81,619
Atlantic Union Bank 538 Fort Evans Rd. Ne Leesburg, VA 20176 Full Service B&M $70,757
Atlantic Union Bank 539 West 21st Street Norfolk, VA 23517 Full Service Retail $50,547
Atlantic Union Bank 5406 N Croatan Highway Kitty Hawk, NC 27949 Full Service B&M $54,321
Atlantic Union Bank 5472 Indian River Road Virginia Beach, VA 23464 Full Service B&M $33,263
Atlantic Union Bank 5510 Morris Road Spotsylvania, VA 22551 Full Service B&M $25,682
Atlantic Union Bank 5803 Rolling Road Springfield, VA 22152 Full Service B&M $88,204
Atlantic Union Bank 5831 Plank Road Fredericksburg, VA 22407 Full Service B&M $39,604
Atlantic Union Bank 5839 Richmond Rd Warsaw, VA 22572 Full Service B&M $116,923
Atlantic Union Bank 5980 Thomas Jefferson Pkwy Palmyra, VA 22963 Full Service B&M $58,966
Atlantic Union Bank 601 North Main Street Blacksburg, VA 24060 Full Service B&M $111,083
Atlantic Union Bank 603 Pilot House Drive, Suite 100 Newport News, VA 23606 Full Service B&M $36,615
Atlantic Union Bank 6030 Harbour Park Dr Midlothian, VA 23112 Full Service B&M $103,145
Atlantic Union Bank 605 Wenonah Avenue Pearisburg, VA 24134 Full Service B&M $49,685
Atlantic Union Bank 622 Cambridge Street Fredericksburg, VA 22405 Full Service B&M $22,450
Atlantic Union Bank 6350 Maddox Blvd Chincoteague, VA 23336 Full Service B&M $39,462
Atlantic Union Bank 641 Lynnhaven Parkway Virginia Beach, VA 23452 Full Service B&M $24,743
Atlantic Union Bank 6479 Mechanicsville Turnpike Mechanicsville, VA 23111 Full Service B&M $61,548
Atlantic Union Bank 6720 Sutton Road Gloucester, VA 23061 Full Service B&M $61,725
Atlantic Union Bank 680 E. Main Street Floyd, VA 24091 Full Service B&M $35,229
Atlantic Union Bank 7 Bank Road Washington, VA 22747 Full Service B&M $82,832
Atlantic Union Bank 7019 Three Chopt Road, Suite F Richmond, VA 23226 Full Service Retail $96,813
Atlantic Union Bank 712 Liberty Street Chesapeake, VA 23324 Full Service B&M $14,969
Atlantic Union Bank 713 Independence Boulevard Virginia Beach, VA 23455 Full Service B&M $113,889
Atlantic Union Bank 717 James Madison Highway Culpeper, VA 22701 Full Service B&M $60,057
Atlantic Union Bank 725 Kenmore Ave. Fredericksburg, VA 22401 Full Service B&M $157,356
Atlantic Union Bank 7337 Williamson Road Nw Roanoke, VA 24019 Full Service B&M $55,119
Atlantic Union Bank 9534 Chamberlayne Road Mechanicsville, VA 23116 Full Service B&M $55,419
Atlantic Union Bank 9605 Gayton Rd Richmond, VA 23238 Full Service B&M $70,172
Atlantic Union Bank 9665 Sliding Hill Rd Ashland, VA 23005 Full Service B&M $122,738
Atlantic Union Bank 999 Waterside Drive Norfolk, VA 23510 Full Service B&M $18,444
Atlantic Union Bank 103 Pocomoke Marketplace Pocomoke City, MD 21851 Full Service B&M $30,016
Atlantic Union Bank 10415 Courthouse Road Spotsylvania, VA 22553 Full Service B&M $56,116
Atlantic Union Bank 1044 Warrenton Road Fredericksburg, VA 22406 Full Service B&M $46,530
Atlantic Union Bank 105 Arbor Drive Christiansburg, VA 24073 Full Service B&M $182,856
Atlantic Union Bank 1051 East Cary Street, Suite 1200 Richmond, VA 23219 Full Service B&M $1,122,941
Atlantic Union Bank 106 Sixth Street Grottoes, VA 24441 Full Service B&M $40,771
Atlantic Union Bank 10620 Iron Bridge Road Chester, VA 23831 Full Service B&M $42,771
Atlantic Union Bank 111 Franklin Rd Suite 100 Roanoke, VA 24011 Full Service B&M $81,898
Atlantic Union Bank 111 West Washington Street Middleburg, VA 20117 Full Service B&M $194,468
Atlantic Union Bank 11101 Hull Street Midlothian, VA 23112 Full Service B&M $55,280
Atlantic Union Bank 134 W Main St Orange, VA 22960 Full Service B&M $46,842

For 2019, Atlantic Union Bank had 152 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $699,429
Net interest income $553,899
Total noninterest income $125,314
Gross Fiduciary activities income $8,915
Service charges on deposit accounts $30,202
Trading account gains and fees $15,320
Additional Noninterest Income $70,877
Pre-tax net operating income $248,960
Securities gains (or losses, -) $7,675
Income before extraordinary items $212,709
Discontinued Operations (Extraordinary gains, net) $-171
Net income of bank and minority interests $212,538
Minority interest net income $0
Net income $212,538
Sale, conversion, retirement of capital stock, net $0
Net operating income $206,338

Atlantic Union Bank's gross interest income from loans was $699,429,000.
Atlantic Union Bank's net interest income from loans was $553,899,000.
Atlantic Union Bank's fee based income from loans was $30,202,000.
Atlantic Union Bank's net income from loans was $212,538,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $145,530
Provision for credit losses $22,125
Total noninterest expense $408,128
Salaries and employee benefits $194,620
Premises and equipment expense $44,692
Additional noninterest expense $168,816
Applicable income taxes $43,926
Net charge-offs $20,876
Cash dividends $155,529

Atlantic Union Bank's interest expense for loans was $145,530,000.
Atlantic Union Bank's payroll and benefits expense were $194,620,000.
Atlantic Union Bank's property, plant and equipment expenses $44,692,000.

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 $13,316,361
Deposits held in domestic offices $13,316,361
Deposits by Individuals, partnerships, and corporations $12,338,686
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $868,833
Deposits by Commercial banks and other depository institutions in U.S. $108,841
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $221,119
Demand deposits $198,780
Nontransaction accounts $13,095,241
Money market deposit accounts (MMDAs) $3,951,856
Other savings deposits (excluding MMDAs) $6,369,016
Total time deposits $2,774,368
Total time and savings deposits $13,117,580
Noninterest-bearing deposits $2,981,519
Interest-bearing deposits $10,334,842
Retail deposits $12,464,997
IRAs and Keogh plan accounts $303,915
Brokered deposits $294,571
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $17,516,056
Cash & Balances due from depository institutions $399,342
Interest-bearing balances $236,292
Total securities $2,497,512
Federal funds sold & reverse repurchase $38,172
Net loans and leases $12,624,047
Loan and leases loss allowance $42,294
Trading account assets $53,819
Bank premises and fixed assets $200,469
Other real estate owned $8,265
Goodwill and other intangibles $1,009,229
All other assets $685,201

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $17,516,056
Total Liabilities $14,740,167
Total deposits $13,316,361
Interest-bearing deposits $10,334,842
Deposits held in domestic offices $13,316,361
% insured (estimated) $70
Federal funds purchased and repurchase agreements $66,053
Trading liabilities $53,819
Other borrowed funds $1,216,355
Subordinated debt $0
All other liabilities $87,579

Issued Loan Types

Type Value (in 000's)
Net loans and leases $12,624,047
Loan and leases loss allowance $42,294
Total loans and leases (domestic) $12,666,341
All real estate loans $9,579,643
Real estate loans in domestic offices $9,579,643
Construction and development loans $1,250,924
Residential 1-4 family construction $233,893
Other construction, all land development and other land $1,017,031
Loans secured by nonfarm nonresidential properties $5,327,341
Nonfarm nonresidential secured by owner-occupied properties $2,041,243
Commercial real estate & other non-farm, non-residential $3,286,098
Multifamily residential real estate $633,743
1-4 family residential loans $2,329,748
Farmland loans $37,887
Loans held in foreign offices $0
Farm loans $13,714
Commercial and industrial loans $2,114,033
To non-U.S. addressees $0
Loans to individuals $723,273
Credit card loans $0
Related Plans $34,967
Consumer Auto Loans $350,419
Other loans to individuals $337,887
All other loans & leases $235,678
Loans to foreign governments and official institutions $0
Other loans $148,037
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $55,526
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $11,693
Non 1-4 family restructured loans & leases $4,667
Total loans and leases (foreign) $0

Atlantic Union Bank had $12,624,047,000 of loans outstanding in 2019. $9,579,643,000 of loans were in real estate loans. $1,250,924,000 of loans were in development loans. $633,743,000 of loans were in multifamily mortgage loans. $2,329,748,000 of loans were in 1-4 family mortgage loans. $13,714,000 of loans were in farm loans. $0 of loans were in credit card loans. $350,419,000 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 3,524 $1,126,628 $319,701
Nonfarm, nonresidential loans - <$100k 356 $19,998 $56,174
Nonfarm, nonresidential loans - $100-250k 994 $142,198 $143,056
Nonfarm, nonresidential loans - $250k-1MM 2,174 $964,432 $443,621
Commercial & Industrial, US addressed loans - <$1MM 5,086 $601,196 $118,206
Commercial & Industrial, US addressed loans - <$100k 3,086 $100,821 $32,670
Commercial & Industrial, US addressed loans - $100-250k 1,003 $123,660 $123,290
Commercial & Industrial, US addressed loans - $250k-1MM 997 $376,715 $377,849
Farmland loans - <$1MM 83 $13,170 $158,675
Farmland loans - <$100k 28 $1,371 $48,964
Farmland loans - $100-250k 31 $4,324 $139,484
Farmland loans - $250k-1MM 24 $7,475 $311,458
Agriculture operations loans - <$1MM 91 $4,925 $54,121
Agriculture operations loans - <$100k 70 $1,615 $23,071
Agriculture operations loans - $100-250k 15 $1,221 $81,400
Agriculture operations loans - $250k-1MM 6 $2,089 $348,167