Highlands Union Bank was an American financial institution based in Abingdon, Virginia. It was founded in 1985. In 2019 First Community Bank and Highlands Union Bank were merged.[1] As a result all existing Highlands Union Bank locations were renamed to First Community Bank.[2]
| Company type | Bank |
|---|---|
| Industry | Financial services |
| Founded | 1985 |
| Founder | 600 investors |
| Defunct | 2019 |
| Fate | Merged |
| Successor | First Community Bank |
| Headquarters | , |
Number of locations | 15 branches at its peak |
Area served | Tennessee, Virginia, and North Carolina |
| Products | Banking services |
| Website | www |
The first HUB office was started by 600 investors in an attempt to form a local bank for their community. Highlands Union Banks assets grew to $9.2 million in their first year in business. Immediately prior to the First Community Bank merger, the bank boasted 15 locations in the Tennessee, Virginia, and North Carolina Tri-state area.[3]
References
edit- ^ "Highlands Union Bank to merge with First Community Bank".
- ^ "First Community Bankshares, Inc. Completes Acquisition of Highlands Bankshares, Inc. | Markets Insider". Archived from the original on 2021-04-11. Retrieved 2021-04-11.
- ^ "In 1985 Highlands Union Bank entered community banking". Highlands Union Bank. Archived from the original on 17 January 2012. Retrieved 10 June 2013.