Highlands Union Bank

Highlands Bankshares, Inc. operates as a bank holding company for Highlands Union Bank that provides retail and commercial banking services to individuals, businesses, and local government unit customers in Virginia. It accepts various deposit accounts, including checking accounts, money market deposit accounts, interest-bearing demand deposit accounts, savings accounts, and time deposits. The company also offers various loan products comprising residential 1-4 family loans, owner occupied and non-owner occupied commercial real estate loans, second mortgage loans, and home equity lines of credit; multifamily residential real estate loans; commercial, construction, farmland, and land acquisition and development loans; commercial and agricultural non-real estate secured and unsecured loans; secured and unsecured consumer loans, such as unsecured personal loans and lines of credit, automobile loans, and deposit account loans; and credit card loans. In addition, it offers letters of credit, as well as automatic funds transfer, night depository, safe deposit, and other services. Further, it sells various insurance products and services; and provides third party mutual funds and other financial services to its customers. The company operates 13 branch offices. Highlands Bankshares, Inc. was founded in 1985 and is headquartered in Abingdon, Virginia.