United Bankshares
   HOME

TheInfoList



OR:

United Bankshares is a bank holding company headquartered in
Charleston, West Virginia Charleston is the capital and List of cities in West Virginia, most populous city of West Virginia. Located at the confluence of the Elk River (West Virginia), Elk and Kanawha River, Kanawha rivers, the city had a population of 48,864 at the 20 ...
with operations in West Virginia, Virginia, the District of Columbia, Maryland, Ohio, Pennsylvania, North Carolina, and South Carolina in the United States. Based on total deposits, United Bank is the largest bank headquartered in West Virginia and the 2nd largest bank operating in West Virginia, after Truist Financial. It is the 8th largest bank operating in Virginia and the 10th largest bank operating in the District of Columbia.


History

The company traces its roots to
St. Patrick's Day Saint Patrick's Day, or the Feast of Saint Patrick ( ga, Lá Fhéile Pádraig, lit=the Day of the Festival of Patrick), is a cultural and religious celebration held on 17 March, the traditional death date of Saint Patrick (), the foremost patr ...
1839, when Northwestern Bank of Virginia opened an office in
Parkersburg Parkersburg is a city in and the county seat of Wood County, West Virginia. Located at the confluence of the Ohio and Little Kanawha rivers, it is the state's fourth-largest city and the largest city in the Parkersburg-Marietta-Vienna met ...
(now in West Virginia); every St. Patrick's Day, it gives
shamrock A shamrock is a young sprig, used as a symbol of Ireland. Saint Patrick, Ireland's patron saint, is said to have used it as a metaphor for the Christian Holy Trinity. The name ''shamrock'' comes from Irish (), which is the diminutive of ...
s to its customers. That office eventually evolved into Parkersburg National Bank. In 1982, Parkersburg National began reorganizing as a holding company, United Bankshares. In 1984, United commenced full operations when it acquired Parkersburg National and two other banks. Richard Adams has been chairman and/or CEO of United and its predecessor, Parkersburg National, since 1975. In 1987, the company became a public company via an initial public offering.


Acquisitions

The company has made the following acquisitions:


References


External links

{{authority control 1839 establishments in West Virginia 1980s initial public offerings Banks based in West Virginia Banks established in 1839 Holding companies of the United States 1839 establishments in Virginia