Union opens loan production office in Charlotte, N.C.

Published June 3, 2016 by Veronica Garabelli

Richmond-based Union Bankshares Corp. announced Friday it has opened a loan production office in Charlotte, N.C.

The office will operate as UBTNC Commercial Finance, a division of Union Bank & Trust of Virginia.

“We are extremely excited about the opportunity to open a loan production office in Charlotte,” G. William Beale, president and CEO of Union, said in a statement.  “As part of our three-year strategic plan, we want to grow our commercial loan business and expand in key markets within our Virginia footprint as well as high potential markets in contiguous trade areas.”

Commercial bankers Philip Chandler, Kevin Kennelly Jr. and portfolio managers Miriam Carroll and Griffin Duncan will operate out of an office at 6832 Morrison Boulevard, Suite 150.  Chandler will also serve as the market executive.

The team will primarily focus on the solicitation of commercial banking opportunities and business-related bank services and products.

Union Bankshares is the holding company for Union Bank & Trust, which has 120 banking offices and 201 ATMs located throughout Virginia.