On June 3, 2021, United Bankshares, Inc. (NASDAQ: UBSI), the parent company of United Bank, and Community Bankers Trust Corporation (Community Bankers Trust) (NASDAQ: ESXB), the parent company of Essex Bank, jointly announced that they have entered into a definitive merger agreement. The combined organization will be approximately $29 billion in assets and rank as the 38th largest banking company in the U.S. based on market capitalization.
Scott Richter, Ben McCall, Lee Lester, Nona Massengill and Anna Derewenda are guiding Community Bankers Trust in the merger process.