United Bankshares Inc. has officially completed its acquisition of Cardinal Financial Corporation for more than $900 million, giving it 23 additional branches in the D.C. area. But some Cardinal branches have closed — find out which ones.
United Bankshares’ $912 million acquisition of Cardinal Bank, the latest in a string of local bank acquisitions for United Bank, is set to close April 21, making United Bank the largest community bank by deposits in the D.C. area.
It will be United Bank’s 10th acquisition in the Washington metro area, including its takeover of Bank of Georgetown in April and Virginia Commerce Bank in 2013. The deal is worth about $912 million.
The parent company of United Bank has completed its $269 million acquisition of Bank of Georgetown.
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