William L. Dawkins Named Triangle Market President
May 02 2018 - 9:00AM
Union Bank & Trust (“Union”) today announced William L.
(“Bill”) Dawkins has joined Xenith Bank, a division of Union Bank
& Trust of Richmond, Virginia - a regional bank with $13.1
billion in assets, as Market President for the Triangle market as
the bank builds out its North Carolina team.
“Having competed against Bill in the Triangle market for years,
I know his strong ties to the area and relationships will help
Union, doing business as Xenith, build out its presence in the area
as we embark on expanding our commercial banking effort in
North Carolina,” said John Stallings, President of Union Bank &
Trust.
Dawkins will start on May 1 and joins the bank from Regions,
where he was most recently Raleigh Commercial Executive. A
career banker, he started at Northwestern Bank in Raleigh and
joined Regions in 2003 as Raleigh City President to open a de novo
loan production office.
“As a career Triangle banker, Bill has the expertise and local
knowledge to hit the ground running - helping businesses succeed by
bringing advice and relevant solutions to our clients,” said David
Ring, Executive Vice President and Commercial Banking Group
Executive.
“Bill and I previously worked together and I am delighted to
again be part of the same company,” said John C. Asbury, CEO of
Union Bank & Trust. “He was able to build a strong team
in the Triangle market and is the right person to expand our
commercial banking effort in The Research Triangle.”
ABOUT UNION BANKSHARES
CORPORATIONHeadquartered in Richmond, Virginia, Union
Bankshares Corporation (NASDAQ:UBSH) is the holding company for
Union Bank & Trust, which has 150 branches, 39 of which are
operated as Xenith Bank, a division of Union Bank & Trust of
Richmond, Virginia, and approximately 216 ATMs located throughout
Virginia and in portions of Maryland and North Carolina.
Union Bank & Trust also operates Shore Premier Finance, a
specialty marine lender. Non-bank affiliates of the holding
company include: Union Mortgage Group, Inc., which provides a full
line of mortgage products, Old Dominion Capital Management, Inc.
and Dixon, Hubard, Feinour, & Brown, Inc., which both provide
investment advisory services, and Union Insurance Group, LLC, which
offers various lines of insurance products.
Contact: Investors: Bill
Cimino (804) 448-0937, VP and Director of Investor RelationsMedia:
Beth Shivak, VP and Director of Corporate Communications
Union Bankshares Corp (NASDAQ:UBSH)
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