United Bank (VA)
United Bank (VA)
Overview / Commentary
United Bank (VA) is headquartered in FAIRFAX and is the 3rd largest bank in the state of Virginia. It is also the 73rd largest bank in the nation. It was established in 1979 and as of December of 2024, it had grown to 2,514 employees at 220 locations. United Bank (VA) has an A+ health rating.
Reviews (1)
A Great Bank
Posted by: Adamsmith | Aug 29, 2024
This bank is one of the best kept secrets. A great community bank for VA and parts of the Carolina's. They actually have branches where you can go in and talk to knowledgeable people. They understand that banking is all about relationships. Highly recommend if you are looking for a bank in VA of NC.
Health
A+
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 22858 |
| Year Established | 1979 |
| Employees | 2514 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.34% |
| Return on Equity - YTD | 8.15% |
| Annual Interest Income | $1.5B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $29.92B$29.85B |
| Loans | Q4 2024vs Q4 2023 | $21.45B$21.16B |
| Deposits | Q4 2024vs Q4 2023 | $24.21B$23.06B |
| Equity Capital | Q4 2024vs Q4 2023 | $5.02B$4.82B |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $271.8MM$259.2MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $73.3MM$45.3MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $327K$2.6MM |
