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UBSI - United Bankshares, Inc. ()

Overview

Company Summary


United Bankshares, Inc. (UBSI) is a financial holding company that provides a range of banking services primarily in the Mid-Atlantic and Southeastern United States. Through its subsidiary banks, it offers commercial and retail banking, mortgage banking, asset management, and trust services.

UBSI operates a network of community banks, including United Bank, Bank of Clarke County, Carolina Financial, and several others. These banks serve individuals, small businesses, corporations, and government entities with a wide range of financial products and services.

In terms of commercial banking, UBSI provides traditional lending services, such as commercial loans, lines of credit, and equipment financing, to support the growth and operations of businesses. Additionally, the company offers treasury management solutions, cash management services, and various financing options tailored to meet the specific needs of its commercial customers.

For retail customers, UBSI offers personal banking services, including checking and savings accounts, certificates of deposit (CDs), credit cards, and personal loans. It also provides mortgage lending services, supporting individuals and families in purchasing homes or refinancing existing mortgages.

Asset management and trust services are also crucial components of UBSI's operations. The company offers investment management services, financial planning, estate planning, and trust administration services. These services cater to individuals and families looking for assistance in managing their wealth, planning for retirement, or seeking personalized investment advice.

Overall, United Bankshares, Inc. operates as a financial holding company with a vast array of banking and financial services designed to meet the needs of both individual and business customers. Its decentralized community banking approach ensures that customers benefit from local market expertise and personalized service, while leveraging the strength and resources of a larger banking organization.

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