The purchase of Cardinal is the 10th acquisition for United Bankshares in the Washington market and the 31st overall. Most recently, United bought Bank of Georgetown in the past year and Virginia Commerce Bank in 2013, and it now operates 129 full-service ­branches. United Bankshares now has dual headquarters in Charleston, W.Va., and Washington. The acquisition marks another marriage between Cardinal Financial’s executive chairman, Bernard H. Clineburg, and United Bankshares. Clineburg sold George Mason Bank to United in the 1990s and joined United’s executive ranks.

Source: Washington Post August 18, 2016 18:55 UTC