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This bank wants to challenge industry giants after $1.3B acquisition

Summary by The Business Journals
The bank now has a foothold in Baltimore, with 11 branches following the acquisition.

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The Business JournalsThe Business Journals
Center

This bank wants to challenge industry giants after $1.3B acquisition

The bank now has a foothold in Baltimore, with 11 branches following the acquisition.

·United States
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The Frederick News-PostThe Frederick News-Post
Center

Atlantic Union Bank acquires Sandy Spring

Atlantic Union Bank has acquired Sandy Spring Bank, which has several locations in Frederick County.

·Georgia, United States
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Shore Daily NewsShore Daily News

Atlantic Union merges with Sandy Spring Bancorp

Atlantic Union Bankshares Corporation announced Monday it has completed its previously announced merger with Sandy Spring Bancorp, Inc., solidifying its position as the largest regional banking franchise headquartered in the lower Mid-Atlantic. The merger significantly expands Atlantic Union’s footprint across Virginia and Maryland. The combined institution now boasts a stronger regional presence, with enhanced resources and capacity to serve cus

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Richmond BizSenseRichmond BizSense

Atlantic Union closes massive Sandy Spring Bank acquisition - Richmond BizSense

The Sandy Spring deal marks Atlantic Union’s largest ever acquisition. April Fool’s Day was all business for Atlantic Union Bank, as it completed its leap to become a nearly $40 billion regional banking powerhouse. The Richmond-based company on Tuesday completed its acquisition of Maryland peer Sandy Spring Bank in an all-stock deal valued at $1.3 billion. Adding Sandy Spring’s $14 billion in assets to AUB’s $25 billion, the resulting institutio…

·Richmond, United States
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The Frederick News-Post broke the news in Georgia, United States on Tuesday, April 1, 2025.
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