Xenith Bank

Xenith Bank, originally established as the Bank of Hampton Roads on December 8, 1987, has undergone a series of mergers and name changes throughout its history. The bank acquired Coastal Virginia Bank in Virginia Beach, Virginia, on August 10, 1992, and expanded further with the acquisition of New Atlantic Bank, National Association in Norfolk, Virginia, on August 12, 1993. In the subsequent years, it moved its main office multiple times, with a notable relocation to 999 Waterside Drive in Norfolk, Virginia, on November 1, 2005. Xenith Bank continued to grow through acquisitions, including Gateway Bank & Trust Company in Elizabeth City, North Carolina, on May 9, 2009, and Shore Bank in Onley, Virginia, on October 10, 2015. On July 30, 2016, Xenith Bank was acquired by Union Bank & Trust and subsequently changed its name to Xenith Bank on the same day. The main office was moved to 901 East Cary Street, Suite 1700, Richmond, Virginia. After being part of Union Bank & Trust for two years, the institution officially merged with Union Bank & Trust on January 1, 2018. The final change occurred on May 20, 2019, when the institution name was changed to Atlantic Union Bank.

Below is a list of some important events in banks history, including mergers and acquisitions.

1987-12-08Institution established. Original name: Bank of Hampton Roads.

1992-08-10Acquired Coastal Virginia Bank in Virginia Beach, VA.

1993-08-12Acquired New Atlantic Bank, National Association in Norfolk, VA.

2005-11-01Main Office moved to 999 Waterside Drive, Norfolk, VA 23510.

2009-05-09Acquired Gateway Bank & Trust Company in Elizabeth City, NC.

2012-10-31Main Office moved to 641 Lynnhaven Parkway, Virginia Beach, VA 23452.

2015-10-10Acquired Shore Bank in Onley, VA.

2016-07-30Changed Institution Name to Xenith Bank.

2016-07-30Main Office moved to 901 E. Cary Street Suite 1700, Richmond, VA 23219.

2016-07-30Acquired Xenith Bank in Richmond, VA.

2018-01-01Merged and became part of Union Bank & Trust (34589) in Richmond, VA.

2019-05-20Changed Institution Name to Atlantic Union Bank.