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July 07, 2015 5:04 AM ET

Banks

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

Phone:

276-628-9181

Key Executives for Highlands Union Bank

Chief Executive Officer, President and Director
Age: 64
Executive Vice President and Director
Age: 65
Vice President
Age: 44
Assistant Vice President, Branch Manager of Knoxville and Lending Officer of Knoxville
Compensation as of Fiscal Year 2015.

Highlands Union Bank Key Developments

Highlands Bankshares Appoints Jon Lundberg to its Board of Directors and Highlands Union Bank

On February 17, 2015, Jon Lundberg was appointed to the board of directors of Highlands Bankshares, Inc. Mr. Lundberg is the president of The Corporate Image. He is also chief executive officer of Corporate Marketing, marketing and advertising firm and a Captain in the U.S. Navy Reserve. Mr. Lundberg has not yet been named to any committees of the company. Mr. Lundberg was also appointed to serve on the board of directors of the company's wholly-owned subsidiary, Highlands Union Bank.

Highlands Union Bank Announces Executive Changes

Highlands Bankshares has named James Moore Jr. as chairman of its board and that of its unit, Highlands Union Bank. Moore is a practicing physician of obstetrics and gynecology, and was previously the president of both organizations. Highlands Bankshares and Highlands Union Bank Executive Vice President and CEO Samuel Neese was named president of Highlands Union Bank.

Highlands Union Bank Names Samuel L. Neese as President

On August 13, 2014, Highlands Bankshares Inc. board of directors determined to transition certain positions on the Board, effective immediately, following the unfortunate passing of the company's former Chairman, James D. Morefield. Specifically, the Board appointed Dr. James D. Moore, Jr. as Chairman of the Board and Charles P. Olinger as President of the company. In connection with the foregoing, Samuel L. Neese, the Executive Vice President and Chief Executive Officer of the company and its wholly-owned subsidiary, Highlands Union Bank (the Bank"), was appointed to the additional title of President of the Bank. Mr. Olinger, age 64, has served on the Board of Highlands Bankshares Inc. since 1995 and on the Board of the Bank since 1988. Mr. Olinger is a certified public accountant and currently is principal partner with Blackley, Olinger & Associates, PLLC in Bristol, Tennessee.

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