Union First Market Bank to acquire StellarOne - The Daily Progress: News

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Union First Market Bank to acquire StellarOne

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Posted: Monday, June 10, 2013 10:55 pm | Updated: 11:07 pm, Mon Jun 10, 2013.

Union First Market Bankshares Corp. will acquire Charlottesville-based StellarOne Corp. in a $445.1-million deal announced Monday.

The move will create the largest community bank in Virginia and the fifth-largest bank branch network in the state, company officials said. Union will retain its name and maintain its corporate headquarters in Richmond, officials said.

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