United Bank named Most Trustworthy Bank in America by Newsweek

By Staff Report, posted Apr 19, 2023 on BizFayetteville.com

Photo courtesy of United Bank's LinkedIn page

United Bank has been named the Most Trustworthy Bank in America by Newsweek for 2023. Across 23 industries evaluated, United joined the list of the “Most Trustworthy Companies in America,” earning the No. 1 spot in the Banks category, outranking its second-place position following the inaugural survey in 2022.

After reviewing U.S. businesses, Newsweek presented its second annual ranking of Most Trustworthy Companies in America according to U.S. residents’ evaluations. The Most Trustworthy Companies were chosen based on a holistic approach to evaluating trust, focused on three key public touchpoints including customer trust, investor trust and employee trust.

“Earning a first-place ranking on Newsweek’s Most Trustworthy Companies in America list is a testament to our unyielding commitment to our mission of providing excellence in service to our customers, employees, shareholders and communities,” said Richard M. Adams, Jr., CEO, United Bankshares, Inc. in a press release. “For more than 180 years, we have forged strong relationships built on a foundation of trust, and served our stakeholders with safe, sound and secure practices that have allowed our Company to weather any storm. Our commitment to being a trustworthy institution is deeply embedded in our culture, and we are honored to receive this recognition.”

Today, the Company holds approximately $29.5 billion in assets and serves a consumer and commercial customer base that is diversified across lines of business as well as geography, with nearly 250 offices located throughout Virginia, West Virginia, Maryland, Pennsylvania, Ohio, North Carolina (with five locations across the Greater Fayetteville Business Journal’s coverage area), South Carolina, Georgia and Washington, D.C.

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