Bank’s new HQ open for business

Union First Market Bank headquartersUnion First Market Bank is all moved in to its new downtown digs.

The $3.9 billion bank, the largest headquartered in Richmond, has opened its new headquarters and downtown branch in Three James Center.

Union is occupying 31,000 square feet in the building, including corporate offices on the 11th and 12th floors and a 2,200-square-foot bank branch on the ground floor, which officially opened for business Monday.

The bank left its previous 20,000-square-foot headquarters at the Turning Basin building in Shockoe Slip. Union will continue to run its branch in that building with limited hours until February.

Union’s new space was previously occupied by Kaufman & Canoles. The law firm moved into 14,000 square feet in Two James Center during the summer.

Union predecessor First Market Bank had been on the second floor of the five-story Turning Basin building for about eight years prior to the merger between the two in early 2010. The other predecessor, Union Bank, had been headquartered in Bowling Green.

The Turning Basin is owned by an entity called Turning Basin LLC, which has said it was fielding interest in the former Union space.

In total, Union First Market Bankshares, the bank’s holding company, has 1,100 employees. Around 60 work downtown.

Union First Market Bank headquartersUnion First Market Bank is all moved in to its new downtown digs.

The $3.9 billion bank, the largest headquartered in Richmond, has opened its new headquarters and downtown branch in Three James Center.

Union is occupying 31,000 square feet in the building, including corporate offices on the 11th and 12th floors and a 2,200-square-foot bank branch on the ground floor, which officially opened for business Monday.

The bank left its previous 20,000-square-foot headquarters at the Turning Basin building in Shockoe Slip. Union will continue to run its branch in that building with limited hours until February.

Union’s new space was previously occupied by Kaufman & Canoles. The law firm moved into 14,000 square feet in Two James Center during the summer.

Union predecessor First Market Bank had been on the second floor of the five-story Turning Basin building for about eight years prior to the merger between the two in early 2010. The other predecessor, Union Bank, had been headquartered in Bowling Green.

The Turning Basin is owned by an entity called Turning Basin LLC, which has said it was fielding interest in the former Union space.

In total, Union First Market Bankshares, the bank’s holding company, has 1,100 employees. Around 60 work downtown.

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