October 23, 2014 2:57 PM ET


Company Overview of Highlands Union Bank

Company Overview

Highlands Union Bank provides banking services to individuals and businesses in southwest Virginia, northeast Tennessee, and Western North Carolina. It offers deposit products, such as checking, savings, money market, individual retirement, and certificates of deposit accounts. The company’s lending portfolio comprises personal loans, such as auto loans, camper and boat loans, debt consolidation loans, home improvement loans, home equity lines of credit, construction loans, fixed rate mortgage loans, secondary market loans, home purchase loans, and adjustable rate mortgage loans and balloon products; and business loans, such as small and medium sized business, agricultural, real estate, and ...

340 West Main Street

Abingdon, VA 24210

United States

Founded in 1985



Key Executives for Highlands Union Bank

Chief Executive Officer
Age: 63
Vice President
Age: 43
Assistant Vice President
Compensation as of Fiscal Year 2014.

Highlands Union Bank Key Developments

Highlands Union Bank Names Samuel L. Neese as President

On August 13, 2014, Highlands Bankshares Inc. board of directors determined to transition certain positions on the Board, effective immediately, following the unfortunate passing of the company's former Chairman, James D. Morefield. Specifically, the Board appointed Dr. James D. Moore, Jr. as Chairman of the Board and Charles P. Olinger as President of the company. In connection with the foregoing, Samuel L. Neese, the Executive Vice President and Chief Executive Officer of the company and its wholly-owned subsidiary, Highlands Union Bank (the Bank"), was appointed to the additional title of President of the Bank. Mr. Olinger, age 64, has served on the Board of Highlands Bankshares Inc. since 1995 and on the Board of the Bank since 1988. Mr. Olinger is a certified public accountant and currently is principal partner with Blackley, Olinger & Associates, PLLC in Bristol, Tennessee.

Highlands Union Bank Names Tim Kitts as Assistant Vice President, Branch Manager and Lending Officer for Knoxville Branch

Highlands Union Bank has named Tim Kitts as assistant vice president, branch manager and lending officer for its Knoxville, Tennessee, branch. As branch manager, Kitts will be in charge of day-to-day operations, including opening new accounts and originating commercial, home and consumer loans at the Knoxville office, located at 7570 Mountain Grove Drive in Knoxville. A 21-year veteran of the banking industry, Kitts brings to the position a variety of experience in branch management, mortgages, customer service and other areas of finance. He was most recently mortgage banker with Curtis Mortgage Inc., in Knoxville, and prior to that had been employed with Mountain National Bank, BankFirst and First National Bank in Sevierville, Tenn.

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