# Highlands Bankshares, Inc., Abingdon, Virginia; Highlands Union Bank, Abingdon, Virginia — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For Highlands Bankshares, Inc., Abingdon, Virginia; Highlands Union Bank, Abingdon, Virginia, action is Written Agreement; effective date is 2010-10-13; termination date is 2019-05-16; board document is /newsevents/pressreleases/enforcement20190521a.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** Highlands Bankshares, Inc., Abingdon, Virginia; Highlands Union Bank, Abingdon, Virginia _(verified: appears in the quote below)_
- **Action:** Written Agreement _(verified: appears in the quote below)_
- **Effective date:** 2010-10-13 _(verified: appears in the quote below)_
- **Termination date:** 2019-05-16 _(verified: appears in the quote below)_
- **Board document:** /newsevents/pressreleases/enforcement20190521a.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_
- **Board note:** The termination date was previously listed incorrectly as 11/05/2013 but has been corrected to 5/16/2019. _(verified: appears in the quote below)_

## What the source says

> 2010-10-13,2019-05-16,,,"Highlands Bankshares, Inc., Abingdon, Virginia; Highlands Union Bank, Abingdon, Virginia",Written Agreement,/newsevents/pressreleases/enforcement20190521a.htm,Press Release,The termination date was previously listed incorrectly as 11/05/2013 but has been corrected to 5/16/2019.

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).