UBSI Description: United Bankshares, Inc. operates as the bank holding company for United Bank (WV) and United Bank (VA) that provide commercial and retail banking services and products primarily in the United States. The company accepts checking, savings, time, and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. It also offers personal, commercial, floor plan, and student loans; construction and real estate loans; and consumer loans, including credit card and home equity loans. In addition, the company provides safe deposit boxes, wire transfers, and other banking products and services; investment and security, and trust services; services to correspondent banks, including check clearing, safekeeping, and buying and selling federal funds; automated teller machines; and Internet and telephone banking services. In addition, it offers community banking services, such as asset management, real property title insurance, investment banking, financial planning, and brokerage services. As of March 7, 2016, the company operated 129 full service offices consisting of 55 offices in West Virginia; 69 offices in the Shenandoah Valley region of Virginia and the Northern Virginia, Maryland, and Washington, D.C. metropolitan areas; 4 offices in southwestern Pennsylvania; and 1 office in southeastern Ohio. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia. |