Highlands Union Bank was a financial institution based in Abingdon, Virginia and founded in 1985. In 2019 it was announced that First Community Bank and Highlands Union Bank were to merge.[1] As a result all existing Highlands Union Bank locations were renamed to First Community Bank.[2]

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

  1. ↑ "Highlands Union Bank to merge with First Community Bank".
  2. ↑ "First Community Bankshares, Inc. Completes Acquisition of Highlands Bankshares, Inc. | Markets Insider". Archived from the original on 2021-04-11. Retrieved 2021-04-11.
  3. ↑ "In 1985 Highlands Union Bank entered community banking". Highlands Union Bank. Archived from the original on 17 January 2012. Retrieved 10 June 2013.
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