Business
Atlantic Union Bank Announces Enhanced Community Impact Plan to Support Underserved Communities
RICHMOND, Va., September 18, 2025--Updates to Community Benefit Plan
About this update from Atlantic Union Bankshares Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1517,"height":356,"url":"https://media.zenfs.com/en/business-wire.com/0313d221db2e6f70ed0c784c394b1fe4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Mg_scvrktWb0pgpnkyPRMw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIyNTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/0313d221db2e6f70ed0c784c394b1fe4","width":960,"height":225},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/DdNQAiSr038g8fE.Y6otOA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01NjQ7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/0313d221db2e6f70ed0c784c394b1fe4","width":1200,"height":282}},"lazy":false},{"type":"text","content":"RICHMOND, Va., September 18, 2025--(BUSINESS WIRE)--Atlantic Union Bank (the "Bank") today announced enhancements to its Community Impact Plan, originally announced as part of Atlantic Union Bankshares Corporation’s acquisition of Sandy Spring Bancorp, Inc. The updated plan will add approximately $2.2 billion of planned new lending, investments and philanthropy commitments to further support the needs of underserved communities across the Bank’s combined footprint, building on the Bank’s legacy of advancing economic opportunities in its communities.","length":565,"tagName":"p"},{"type":"text","content":"The updated plan was developed in collaboration with the National Community Reinvestment Coalition ("NCRC"), following a series of listening sessions with more than 47 community partner organizations throughout the Bank’s combined footprint. Under the updated plan, the Bank will form a Community Advisory Council ("CAC"), with half of its members to be appointed by NCRC. The CAC is expected to be comprised of community leaders, representatives of nonprofit organizations and other community stakeholders. The CAC, whose members will serve in a volunteer capacity, will review the Bank’s progress against plan goals and collaborate with the Bank to continue to offer and develop innovative loan products, investments and services for the successful implementation of the plan. The plan term will begin in 2026, and the Bank will share key plan targets and certain information on its progress in implementing the plan on its website.","length":954,"tagName":"p"},{"type":"text","conte...