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Saturday, December 5, 2009, 12:25AM ET - U.S. Markets Closed. Dow Up 0.22% Nasdaq Up 0.98%
Union Bankshares Corp. (UBSH)On Dec 4: 12.34  Up 0.18 (1.48%)  
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Union Bankshares Corp.
212 North Main Street
PO Box 446
Bowling Green, VA 22427
United States - Map
Phone: 804-633-5031
Fax: 804-633-5050
Web Site: http://www.ubsh.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:670

BUSINESS SUMMARY 
Union Bankshares Corporation operates as the holding company for the Union Bank & Trust Company, Northern Neck State Bank, and Rappahannock National Bank, which provide a range of retail and commercial banking services to consumers and businesses in Virginia. The company offers checking accounts, savings accounts, certificates of deposit, NOW accounts, money market accounts, time deposits, and demand deposits, as well as loans for commercial, industrial, residential mortgage, and consumer purposes. It also provides credit cards, automated teller machine services, Internet banking, and online bill payment services. In addition, Union Bankshares, through its non-banking subsidiaries, provides securities, brokerage, and investment advisory services; mortgage loan products in Virginia, South Carolina, and Maryland; and various insurance products, including long term care insurance and business owner policies. As of March 31, 2009, it operated 58 branches in the northern, central, Rappahannock, Tidewater, and Northern Neck regions of Virginia. The company was founded in 1902 and is headquartered in Bowling Green, Virginia.
Key Statistics

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    CORPORATE GOVERNANCE 
    Union Bankshares Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 79.1% of Russell 3000 companies and 86.8% of Banks companies.
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    KEY EXECUTIVES 
     PayExercised
    Mr. G. William Beale , 59
    Chief Exec. Officer, Pres, Director, Chairman of Exec. Committee of Union Bank & Trust Company
    $ 372.00K $ 0
    Mr. D. Anthony Peay , 49
    Chief Financial Officer, Principal Accounting Officer and Exec. VP
    $ 214.00K $ 17.00K
    Mr. Rex A. Hockemeyer , 55
    Exec. VP of Information Technology & Operations
    $ 112.00K $ 0
    Mr. John C. Neal , 59
    Chief Banking Officer, Exec. VP, Chief Exec. Officer of Union Bank & Trust Company, Pres of Union First Market Bank and Pres of Union Bank & Trust Company
    $ 271.00K $ 35.00K
    Ms. Elizabeth M. Bentley , 48
    Exec. VP of Retail Banking
    $ 151.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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