CHARLESTON, W.Va. — A West Virginia bank that has grown to become the 48th largest bank in the United States celebrates a significant milestone Monday. United Bankshares Inc., turns 175-years-old on St. Patrick’s Day.
United got its start in Parkersburg in 1839 when Northwestern Bank of Virginia decided to open a branch there. The bank survived the Civil War, floods and the Great Depression. Today, United has 133 locations in five states and the District of Columbia.
United Bank President Rick Adams said it’s time to celebrate.
“It’s our tradition to invite customers and friends alike to stop by one of our offices for cake and refreshments,” Adams said.
United has $11.5 billion in assets and last year increased dividends for the 40th consecutive year to its shareholders.
United Bankshares Chairman and CEO Richard Adams said United’s greatest asset is its people.
“We have some of the most dedicated and talented employees of any banking company in the country,” Adams said.