United Bankshares is a community bank holding company that operates primarily through its banking subsidiary, United Bank. United Bank offers commercial and retail banking services across a multi-state footprint in the Mid-Atlantic and Southeast, including West Virginia, Virginia, Maryland, Washington D.C., North Carolina, South Carolina, and Georgia. United Bank's core products include deposit accounts, commercial loans, residential mortgages, home equity and construction loans, consumer loans, and ancillary services such as trust and wealth management, brokerage, and mortgage banking. The loan portfolio skews toward commercial real estate and commercial lending, which together represent roughly half the total loan book. United Bank earns money by taking in deposits at a lower cost and lending at higher rates, with net interest margin as the primary profit driver. Fee income comes from mortgage banking, trust and wealth management, brokerage, and deposit transaction fees. United Bank funds itself primarily through core deposits — demand, savings, and NOW accounts — which supports margin stability. United Bankshares has grown primarily through acquisitions, having completed 33 since its 1982 founding, including Piedmont Bancorp in early 2025, which added roughly $2.4B in assets and a foothold in the Atlanta market. United Bankshares argues it differentiates on local decision-making and relationship-based banking, particularly for small and mid-size business customers.