Union Bankshares announced the hiring of a team of commercial bankers and the opening of a loan production office in Charlotte, NC. The team will operate as UBTNC Commercial Finance, a division of Union Bank & Trust of Virginia.

“We are extremely excited about the opportunity to open a loan production office in Charlotte,” said G. William Beale, president and chief executive officer of Union.  “As part of our three-year strategic plan, we want to grow our commercial loan business and expand in key markets within our Virginia footprint as well as high potential markets in contiguous trade areas.”

Commercial bankers Philip Chandler, Kevin Kennelly, Jr. and portfolio managers Miriam Carroll and Griffin Duncan will operate out of a non-branch banking office in Charlotte, NC. Chandler will also serve as the market executive. The team will be principally focused on the solicitation of commercial banking opportunities and business related bank services and products.