Banking & Finance

United Bankshares, Inc. ranked no. 2 in Newsweek's Most Trustworthy Companies

By Staff Report, posted 1 month ago

United Bankshares, Inc. is among the top of Newsweek’s 2022 list of America’s Most Trusted Companies. 

Across the 22 industries evaluated, United Bank ranks number two in the banking category. 

Cumberland County is home to three United Bank locations; Bladen County has one location; Robeson County has one location. 

Trustworthiness is  crucial to any business, the “Most Trusted Companies” were chosen with a  holistic approach to evaluating trust. The three aspects of trust considered were customer trust, investor trust and employee trust. 

“For over 180 years, we have been dedicated to our mission of providing excellence in service to our employees, our customers, our shareholders and our communities,” Chairman and CEO Richard M. Adams stated. “We are honored to be recognized on the list of ‘Most Trusted Companies’ across the nation, but to be ranked among the top is truly remarkable. Our rich history is backed by trust – our core values of integrity, hard work, teamwork and caring – and doing what is right. The bottom line is that we are executing on our purpose, which is to make a positive difference throughout the communities in our footprint, while also providing a high-level of trust.”

An extensive survey was the basis of the analysis in addition to consideration of  stock listed companies headquartered in the U.S. with a revenue of over $500M. A total of 110,000 evaluations of companies were submitted. 

As of December 31, 2021, United Bank had consolidated assets of approximately $29.3B. 

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