A Virginia banking company plans to acquire Maryland-based Sandy Spring Bancorp in a deal valued at about $1.6 billion, creating one of the mid-Atlantic region’s largest banks and cementing the merged ...

The parent companies of Atlantic Union Bank and Sandy Spring Bank have cleared the last major hurdles to the Richmond bank’s $1.6 billion all-stock purchase of Sandy Spring, headquartered in Maryland.

Atlantic Union Bank has acquired Sandy Spring Bank, which has several locations in Frederick County. The merger was officially completed Tuesday, after being announced in October, according to a press ...

Atlantic Union Bank is expanding further into Northern Virginia and Maryland with the $1.6 billion purchase of Maryland’s Sandy Spring Bank, an acquisition announced Monday. The two banks’ parent ...

This article was republished with permission from WTOP’s news partner InsideNoVa.com. Sign up for InsideNoVa.com’s free email subscription today. Two of the Washington area’s largest regional banks ...