Highlands Union Bank | |
Type: | Bank |
Industry: | Financial services |
Founder: | 600 investors |
Fate: | Merged |
Successor: | First Community Bank |
Hq Location City: | Abingdon, Virginia |
Hq Location Country: | United States |
Locations: | 15 branches at its peak |
Area Served: | Tennessee, Virginia, and North Carolina |
Products: | Banking services |
Highlands Union Bank was an American financial institution based in Abingdon, Virginia. It was founded in 1985. In 2019 First Community Bank and Highlands Union Bank were merged.[1] As a result all existing Highlands Union Bank locations were renamed to First Community Bank.[2]
The first HUB office was started by 600 investors in an attempt to form a local bank for their community. Highlands Union Banks assets grew to $9.2 million in their first year in business. Immediately prior to the First Community Bank merger, the bank boasted 15 locations in the Tennessee, Virginia, and North Carolina Tri-state area.[3]