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Area Development - Site Selection, Facility Planning and Workforce Development

Atlantic Union Bank Expands Henrico, Virginia, Operations

07/10/2025
Atlantic Union Bank, a regional bank and wholly-owned subsidiary of Atlantic Union Bankshares Corporation, plans to expand its operations in Henrico, Virginia. The $5.1 million project is expected to create 50 jobs.

The investment will include the upgrade of an existing two-story, 39,000-square-foot office building located in the Innsbrook corridor.

“Our growth in Henrico reflects more than just momentum,” said Duane Smith, chief enterprise services officer and chief of staff of Atlantic Union Bank. “It’s a commitment to being the kind of partner our communities deserve. We’re serious about our mission of exceeding customer expectations—not just with the products and services we offer, but with good jobs, meaningful investments, and a genuine desire to make a difference where we live and work.”

The project is being supported by Henrico Tomorrow, a package of strategic, local resources focused on revitalizing underused office spaces.

“We’re thrilled that Atlantic Union Bank has chosen to continue growing in Henrico,” noted Board of Supervisors Chair and Brookland District Supervisor Daniel J. Schmitt. “Their $5 million investment speaks volumes about the strength of our business environment and the talent of our workforce. This expansion brings high-quality jobs to our community and reinforces Henrico’s reputation as a premier destination for corporate services.”

Atlantic Union Bank focuses on both personal and business banking, offering a range of services such as checking accounts, savings accounts, credit cards, loans, and investment services.

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