UNION BANKSHARES CORPORATION (NASDAQ:UBSH) Files An 8-K Other EventsItem 8.01 Other Events.
On October 26, 2017, Union Bankshares Corporation (“Union”) and Xenith Bankshares, Inc. (“Xenith”) issued a joint press release announcing that shareholders of both Union and Xenith, at separate special meetings, approved the merger of Xenith with and into Union. The joint press release announcing these shareholder approvals is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Union Bankshares Corp ExhibitEX-99.1 2 shmeetingrelease102617.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 Shareholders Approve Union Bankshares Corporation Acquisition of Xenith Bankshares,…To view the full exhibit click here
About UNION BANKSHARES CORPORATION (NASDAQ:UBSH)
Union Bankshares Corporation, formerly Union First Market Bankshares Corporation, is a financial holding company and a bank holding company. The Company offers financial services through its community bank subsidiary, Union Bank & Trust and three non-bank financial services affiliates. The Company’s non-bank financial services affiliates are Union Mortgage Group, Inc. (UMG), Union Investment Services, Inc. and Union Insurance Group, LLC. The Company operates through two segments: its traditional full service community banking business and its mortgage banking business. The community bank segment includes one subsidiary bank, which provides loan, deposit, investment and trust services to retail and commercial customers throughout its over 131 retail locations in Virginia. The mortgage segment includes UMG, which provides a range of mortgage loan products in Virginia, North Carolina, South Carolina, Maryland, and the Washington D.C. metro area.
