First Community Bankshares, Inc. (FCBC) has announced an Agreement and Plan of Merger to acquire Hometown, with First Community’s banking subsidiary, First Community Bank, set to acquire Hometown’s banking subsidiary, Union Bank, Inc.
Upon completion, First Community is expected to hold approximately $3.6 billion in total consolidated assets and operate 60 branch locations across four states. The transaction is anticipated to close in the first quarter of 2026.
Tim Aiken, President, CEO, and Director of Hometown and Union Bank, expressed confidence in partnering with a community-minded bank committed to delivering exceptional, personalized banking services.
