Charleston, S.C. – United Bank is proud to announce it has earned the position of the No. 1 bank in South Carolina on Forbes’ list of Best-in-State banks for 2023. The award comes on the heels of United’s crowning as the No. 1 Most Trustworthy Bank in America by Newsweek earlier this year.
“After expanding our presence in the South following our acquisition of CresCom Bank just three years ago, we are humbled to be recognized by our South Carolina customers with this incredible honor,” said Richard M. Adams, Jr., CEO, United Bankshares, Inc., parent company of United Bank. “We are deeply committed to our mission of providing excellence in service to our communities across the state, as well as throughout our wider footprint, guided by our core values of integrity, hard work, teamwork and caring.”
Forbes presented its annual ranking of Best-in-State banks in each state according to an independent survey of U.S. consumers and a sentiment analysis of publicly available reviews and ratings. Survey participants evaluated institutions based on criteria including customer service, quality of financial advice, fee transparency, ease of navigating the company website, on-location branch services and the overall level of trust the companies inspired.
For more than 180 years, United Bank has forged personal relationships built on a foundation of trust, and served its stakeholders with safe, sound and secure practices that have allowed the Bank to weather any storm. Since its founding in 1839, United has grown from a single-office bank to a premier regional banking company with a strong presence throughout the Mid-Atlantic and Southeast, including 34 locations in South Carolina and more than 65 across the wider Carolinas.
Today, the Company holds nearly $30 billion in assets and serves a consumer and commercial customer base that is diversified across lines of business as well as geography. Notably, United has increased dividends to its shareholders for 49 consecutive years, a record only one other major banking company in the U.S. has achieved.
The prestigious Best-in-State bank awards are presented by Forbes and Statista Inc., a world-leading statistics portal and industry ranking provider. More information and a full list of this year’s winners may be found on Forbes’ website.
ABOUT UNITED BANK
United Bank is a premier community bank and a subsidiary of United Bankshares, Inc. (NASDAQ: UBSI). United has consolidated assets of nearly $30 billion with close to 250 offices located throughout North Carolina, South Carolina, Virginia, West Virginia, Maryland, Ohio, Pennsylvania and Georgia, as well as Washington D.C. In 2023, United was named the Most Trustworthy Bank in America by Newsweek, joining the list of the Most Trustworthy Companies in America. The Bank is dedicated to growing the relationships it has built since 1839 and offering a competitive suite of banking and lending products, treasury management, wealth management, mortgage services, personal and business credit cards and more. Learn more about United Bank.