Union Bankshares Corp. named to the stock index

Published June 19, 2014 by Robert Powell, III

Richmond-based Union Bankshares Corp., Virginia’s largest community bank, has been named to the NASDAQ Financial-100 Index.

The bank’s stock will be added to the index before the market opens on Monday. Union joined NASDAQ in 1993.

The NASDAQ Financial-100 Index includes 100 of the largest domestic and international financial securities listed on the NASDAQ Stock Market based on market capitalization.

The index includes companies classified as Financials according to the Industry Classification Benchmark, which are included within the NASDAQ Bank, NASDAQ Insurance and NASDAQ Other Finance Indexes.

Union Bankshares is the holding company for Union First Market Bank, which has 131 branches and more than 200 ATMs throughout Virginia.

Non-bank affiliates of the holding company include: Union Investment Services Inc., Union Mortgage Group Inc. and Union Insurance Group LLC.