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Virginia-based Union Bankshares eyes $13B in assets by 2018

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Virginia-based Union Bankshares eyes $13B in assets by 2018

UnionBankshares Corp. CEO G. William Beale has said the company couldreach the $10 billion-asset mark in 2019 through organic growth. But the goal, accordingto an investor presentation, is to be a $13 billion-to-$15 billion bank by2018's end.

The Richmond, Va.-based company has also already closed fourbranches, net, this quarter, but plans to open loan production offices. Acquiringwealth businesses is also part of its strategy.