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Union Bank & Trust concludes Xenith Bank integration

In Richmond, Va., Xenith Bank was integrated into Union Bank & Trust during the weekend of May 26.

Three branches of Union Bank & Trust in the Richmond area were shut down as part of the conversion, and Union Bank & Trust will do business in North Carolina as Xenith Bank, a division of Union Bank & Trust.

Union Bankshares Corp. is the holding company of Union Bank & Trust, which acquired Xenith Bankshares Inc., the parent of Xenith Bank, on Jan. 1.