Virginia Bureau of Financial Institutions

Jan 14, 2025

Fed approves Atlantic Union-Sandy Spring bank acquisition

Richmond-based Atlantic Union Bank is one step closer to completing its $1.6 billion purchase of Maryland’s Sandy Spring Bank. The Federal Reserve Bank of Richmond, acting on delegated authority from the Board of Governors of the Federal Reserve System, has approved the merger, the parent companies of the two banks announced Tuesday. Atlantic Union and […]

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