About Atlantic Union Bank

Atlantic Union Bank believes people have a right to expect more from the companies they do business with – and they can expect more from Atlantic Union Bank. The bank’s roots go back to September 17, 1902, when it was founded in Bowling Green, Virginia with a total of $2,500 in assets as Union Bank & Trust. Today, the bank is headquartered in Richmond, Virginia with over $20 billion in assets. Operating primarily in Virginia, the bank also has a presence in North Carolina and Maryland as well as serving other geographic areas with commercial banking and home loans. There have been many changes since its founding, but one thing hasn’t changed, and that’s the commitment to its customers.

Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSE: AUB), parent company of Atlantic Union Financial Consultants, and Sandy Spring Bancorp (“Sandy Spring”) (Nasdaq: SASR) jointly announced October 21, 2024 that they have entered into a definitive merger agreement for Atlantic Union to acquire Sandy Spring in an all-stock transaction valued at approximately $1.6 billion. Combining the two organizations will create the largest regional bank headquartered in the lower Mid-Atlantic, and significantly enhance the combined company’s presence in Northern Virginia and Maryland.

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The information provided is for informational purposes only and is not a solicitation to buy or sell any individual security.

Find out more about Atlantic Union Bank by visiting our website at https://www.atlanticunionbank.com/