January 18, 2017 10:16 AM ET


Company Overview of Highlands Union Bank

Company Overview

Highlands Union Bank provides banking services to individuals and businesses in southwest Virginia, northeast Tennessee, and Western North Carolina. It offers deposit products, such as checking, savings, money market, individual retirement, and certificates of deposit accounts. The company’s lending portfolio comprises personal loans, such as auto loans, camper and boat loans, debt consolidation loans, home improvement loans, home equity lines of credit, construction loans, fixed rate mortgage loans, secondary market loans, home purchase loans, and adjustable rate mortgage loans and balloon products; and business loans, such as small and medium sized business, agricultural, real estate, and ...

340 West Main Street

Abingdon, VA 24210

United States

Founded in 1985



Key Executives for Highlands Union Bank

Chief Executive Officer and President
Age: 46
Chief Financial Officer, Vice President of Accounting and Chief Financial Officer of Highlands Bankshares, Inc
Age: 53
Chief Executive Officer of Highlands Home Mortgage and President of Highlands Home Mortgage
Age: 54
Executive Vice President and Director
Age: 66
Chief Risk Officer and Chief Risk Officer of Highlands Bankshares, Inc
Age: 53
Compensation as of Fiscal Year 2016.

Highlands Union Bank Key Developments

Kevin Pack Joins Highlands Union Bank as President and Chief Executive Officer

Highlands Bankshares Inc. announced the hiring of Kevin Pack as President and Chief Executive Officer of Highlands Union Bank, to be called Highlands Home Mortgage. Kevin previously served as the top Executive of National Commerce Financial's bank subsidiary, Central Carolina Bank, in their mortgage operation where he worked from 1995 to 2005. Kevin will be based in Raleigh and has responsibility for managing the mortgage operations and sales teams through Highlands Union Bank's newly formed division Highlands Home Mortgage.

Highlands Union Bank Appoints Robert M. Little as Chief Risk Officer

On December 8, 2015, Robert M. Little, Jr., previously Chief Financial Officer of Highlands Bankshares Inc., was appointed as Chief Risk Officer of Highlands Union Bank, subject to regulatory approval.

Highlands Bankshares, Inc. and Highlands Union Bank Announces Executive Changes

Highlands Bankshares, Inc. and its wholly owned banking subsidiary, Highlands Union Bank (HUB), announced that the boards of directors have appointed Timothy K. Schools as president and chief executive officer and to the board of both HUB and HBI, subject to regulatory approval, effective November 11, 2015. Mr. Schools, age 45, served as Chief Strategy Officer at United Community Bank from January 2013 through September 2015. Samuel L. Neese, who had previously announced that he would be taking a temporary medical leave of absence as Executive Vice President and Chief Executive Officer of the Company and as President and Chief Executive Officer of the Bank, notified the Board of Directors on November 11, 2015 of his resignation from those positions and as a director of the Company and the Bank. Robert M. Little, Jr., temporarily had been serving as interim Chief Executive Officer of the Company and will resume his role as Chief Financial Officer of the Company and Vice President of Accounting of the Bank. James R. Edmondson temporarily had been serving as interim Chief Executive Officer of the Bank and will resume his role as Vice President of Accounting of the Company and Chief Financial Officer of the Bank. Charles P. Olinger, a member of the Company's Board of Directors, previously had served as a non-employee President of the Company. In connection with Mr. Schools' appointment, Mr. Olinger will no longer serve in that role.

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Recent Private Companies Transactions

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