August 19, 2017 9:11 PM 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 and President
Age: 47
CFO & Executive VP
Chief Executive Officer of Highlands Home Mortgage and President of Highlands Home Mortgage
Age: 55
Executive Vice President and Director
Age: 67
Chief Risk Officer and Chief Risk Officer of Highlands Bankshares, Inc
Age: 54
Compensation as of Fiscal Year 2017.

Highlands Union Bank Key Developments

Highlands Bankshares, Inc. and Highlands Union Bank Elects Charles D. Meade III to the Board of Directors

Highlands Bankshares, Inc. announced that Charles D. Meade III has been elected to the Board of Directors of the company and its subsidiary bank, Highlands Union Bank. This appointment, along with the recent appointment of Rob Moser and Sutton Bacon, will fill vacancies created by the retirement of one board member and the death of two board members. Mr. Meade is the President of Meade Tractor located in Bristol, Tennessee.

Highlands Bankshares, Inc. and Highlands Union Bank Announce Management Changes

Highlands Bankshares, Inc. announced the appointment of John H. Gray as executive vice president and chief financial officer of both the parent company and its banking subsidiary, Highlands Union Bank, subject to regulatory approvals. Gray will report to Timothy K. Schools, president and chief executive officer, and will assume the duties previously held by Jim Edmondson, who recently announced his resignation to pursue a new opportunity. Edmondson will remain with the company through May 12, 2017 to assist with the transition and ensure a smooth transfer of responsibilities. Gray joins Highlands from Yadkin Financial Corporation, where he managed the accounting function as Corporate Controller. He began his career at First Citizens BancShares, Inc. where his involvement over 29 years included accounting policy, financial reporting and analysis, regulatory and SEC reporting, external audit support, and acquisition accounting. He is an active member and has held several leadership roles at Christ Episcopal Church and is a former board member of Arts Together, Inc. and the Food Bank of Central and Eastern North Carolina.

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.

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Recent Private Companies Transactions

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Target
No transactions available in the past 12 months.
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