Vienna, Va. – March 17 marks a lucky day for United Bank. In 1839, the Bank opened its doors for the first time in Parkersburg (now West Virginia) as the Northwestern Bank of Virginia. Since that time, it has grown to a premier regional banking company with a strong presence throughout the Mid-Atlantic and Southeast. In honor of the Bank’s 184-year anniversary, United will carry on its long-standing tradition of celebrating with its customers at the local branches on March 17, also hailed as St. Patrick’s Day, a holiday the Bank enjoys sharing.
“We are proud to commemorate 184 incredible years of service to our customers, communities, team members, and shareholders,” said Julie Gurtis, President, United Bank. “While much has changed since our beginnings as a single-office bank, our commitment to building and maintaining relationships and serving our communities with safe, sound, and secure practices is enduring, and we are grateful to celebrate together.”
While United evolved over the years, it continued to thrive. Over the last several decades, United has grown through 33 acquisitions to reach more than $29 billion in assets and nearly 250 locations across eight states – Virginia, West Virginia, Maryland, Pennsylvania, Ohio, North Carolina, South Carolina, and Georgia, as well as Washington D.C. It offers local decision-making and the personalized service its customers have come to expect since its founding, with the insights, technologies, products, and services of a large bank – and a deep commitment to the communities in which it operates.
To mark its special milestone and show appreciation for its customers, United invites the public to join its anniversary celebrations by stopping by a local branch Friday, March 17, for light refreshments.
United Bank’s anniversary comes on the heels of one of its most successful years in its long history. In 2022, the Bank’s parent company, United Bankshares, Inc., achieved record earnings, record loan growth, and one of the best total shareholder returns in the industry. In addition, the Company increased dividends to shareholders for the 49th consecutive year, a record only one other major banking company in the U.S. has achieved. Entering its 184th year, United’s strong profitability, robust capital, disciplined expense control, and conservative credit culture have well-positioned the Company for continued success.