
Blog
| 2 min read
June 26, 2025
Henrico, VA – Atlantic Union Bank (AUB), the largest regional banking company headquartered in the lower Mid-Atlantic, has announced a strategic expansion of its corporate offices in Henrico as part of its continued growth and commitment to the many individuals, families and organizations across the communities it serves. The bank estimates they will invest $5.1 million to upgrade an existing two-story, 39,000-square-foot office building within Henrico’s dynamic, mixed-use Innsbrook corridor to accommodate 50 newly created corporate positions.
“We’re thrilled that Atlantic Union Bank has chosen to continue growing in Henrico,” said 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.”
Henrico’s business-friendly policies continue to attract high-impact investments like Atlantic Union Bank’s expansion. To advance its growth plans, AUB leveraged available incentives from Henrico Tomorrow, a comprehensive package of strategic, local resources focused on revitalizing underused office spaces. AUB’s expansion not only enhances Henrico’s office landscape but also fuels substantial economic growth and opportunity across the region.
“Atlantic Union Bank isn’t just expanding its footprint; it’s investing in the people and future of Henrico,” said Three Chopt District Supervisor Misty D. Roundtree. “From its focus on inclusive procurement to its culture of volunteerism, AUB is helping fortify communities and elevate the quality of life for our residents.