Contact: Sameera Jordan
Sameera.Jordan@BankwithUnited.com

The Bank Opens its Doors to Local Charlotte Community Just in Time for 185th Anniversary

CHARLOTTE, NC – United Bank, in partnership with Highwoods Properties, celebrates the grand opening of its newest regional corporate office and branch in Charlotte’s SouthPark neighborhood, anchoring the Bank to the key Charlotte Market.

The new SouthPark financial center, located at Four Morrocroft, 6821 Carnegie Blvd., serves as a central business hub for United’s operations in the market, including commercial banking, commercial real estate, mortgage, digital banking, wealth management, brokerage, and corporate recruiting. This new office space will also house United’s newest credit department, which will mark the fourth in its footprint.

“We have strategically grown our presence across the Southeast since 2020, and we are excited to open our new office in Charlotte SouthPark. With this project, we wanted to create a space for our customers and team members that reflects the energy of the city,” said Richard M. Adams, Jr., CEO, United Bankshares, Inc., parent company of United Bank. “I am proud to establish a new home for United that will allow us to continue to support this community and grow our relationships with all those we’ve come to serve across this important market over the past few years. We are thankful to our partners at Highwoods Properties for helping us bring this facility to life.”

The space features several customer-centric amenities including an exterior Interactive Teller Machine (ITM), which allows customers to chat live with a bank representative from the ATM, on-site parking, and a dedicated in-branch hospitality area for visitors – offering a more modern and elevated retail experience. Unique design features include a grand glass staircase leading from the building lobby to the second-floor office space, an outdoor balcony area, and a two-story atrium that opens to the second floor displaying a scenic mural of the Charlotte skyline.

The opening is well timed with United Bank’s 185th anniversary, which is celebrated March 17. 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 more than 65 locations in the Carolinas with eight in the Charlotte metropolitan area. The Bank employs nearly 3,000 people companywide, with more than 350 located in North Carolina.

The new 17,600 square-foot, all-glass building was designed and constructed by the Morrocroft development’s original architect and general contractor, Charlotte-based LS3P and Shelco respectively, and developed in partnership with Highwoods Properties. The project, which began in Fall of 2022, is part of United’s growth strategy in the highly desirable Carolinas region. The new office can accommodate a team of 50.

“Highwoods is thrilled to open the doors of this premier building to United Bank and welcome them to their expanded home at Morrocroft,” said Brian Leary, EVP and Chief Operating Officer of Highwoods Properties. “Our collaboration with the City of Charlotte is elevating an established address, providing a quintessential destination in the heart of SouthPark. United Bank epitomizes the caliber of customer we envisioned when considering the future of Morrocroft through our placemaking lens for the next decade and beyond.”

With this opening, United’s former 6801 Carnegie Blvd. location is now closed, and all bank operations have been moved to the new space. Located in Four Morrocroft Centre, the new facility is just a short walk from the former location and shares the same parking lot, in the same vibrant community.

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.

ABOUT HIGHWOODS PROPERTIES

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. We believe that by creating environments and experiences where the best and brightest can achieve together what they cannot apart, we can deliver greater value to our customers, their teammates and, in turn, our stakeholders. For more information about Highwoods, please visit our website at www.highwoods.com.