Virginia National Bank is poised to become the main locally based commercial bank in the region when Richmond-based Union First Market Bankshares Corp. acquires Charlottesville-based StellarOne.
Announced June 10, the merger, an all-stock deal valued at $445.1 million, will create the largest community bank in Virginia. The merged bank will retain the Union First Market name and be headquartered in Richmond.
Updated: 7:59 pm
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