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RICHMOND, Va., March 29, 2018 (GLOBE NEWSWIRE) — Union Coffer & Trust (“Union”) today appear administration additions to the Bartering Cyberbanking and Treasury Administration teams. R. Craig Parrent, Donna Bennett and Jay G. Kenslow accept abutting the coffer as Senior Vice Presidents.



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“Having awful admired leaders like Craig, Donna and Jay accompany our aggregation will added our drive as we abide to aggrandize in the bartering banking, not-for-profit and borough markets,” said John Stallings, President of Union Coffer & Trust. 

Parrent will alpha on April 2, 2018 as Western Virginia Bartering Aggregation Leader.  He will additionally serve as Market Executive for Greater Roanoke, Lynchburg and the New River Valley.  Parrent joins Union from SunTrust, area he was Western Virginia Bartering Cyberbanking Aggregation Lead and Market President for Roanoke and the New River Valley.  Parrent has been a bartering broker for 20 years, starting at Wachovia afore abutting SunTrust in 2003.  He will address to John Young, Regional President for Western Virginia.



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After a alteration period, Rick Webster, accepted Regional President for Roanoke, will focus on developing and arch Union’s bartering cyberbanking action in North Carolina, area he ahead led bartering cyberbanking for a North Carolina cyberbanking institution.



Bennett was called Treasury Administration Sales Manager arch our treasury administration sales and drop advance accomplishment throughout Virginia, North Carolina and Maryland.  Best afresh with United Bank, she began her 30 year cyberbanking career at Signet and its successors. A new position for Union, Bennett will address to Jeff Skoog, Senior Vice President and Director of Treasury Services.

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Kenslow was called Bartering Aggregation Leader for Southside Hampton Roads absorption on bartering and automated clients.  A bartering broker for added than 15 years, he was best afresh at PNC.  Prior to PNC, Kenslow was with TowneBank.  He will address to Andy Hodge, Market Executive for Southside Hampton Roads.

“As career Virginia bankers, Craig, Donna and Jay accept the ability and bounded ability to hit the arena active – allowance businesses accomplish by bringing admonition and accordant solutions to our clients,” said David Ring, Executive Vice President and Bartering Cyberbanking Group Executive.

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ABOUT UNION BANKSHARES CORPORATION
Headquartered in Richmond, Virginia, Union Bankshares Corporation (NASDAQ:UBSH) is the captivation aggregation for Union Coffer & Trust, which has 150 branches, 39 of which are operated as Xenith Bank, a analysis of Union Coffer & Trust of Richmond, Virginia, and about 220 ATMs amid throughout Virginia and in portions of Maryland and North Carolina.  Union Coffer & Trust additionally operates Shore Premier Finance, a specialty abyssal lender.  Non-bank affiliates of the captivation aggregation include: Union Mortgage Group, Inc., which provides a abounding band of mortgage products, Old Dominion Capital Management, Inc., which provides advance advising services, and Union Allowance Group, LLC, which offers assorted curve of allowance products.

Contact:  Bill Cimino (804) 448-0937, VP and Director of Investor Relations

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