Elan Financial Services Partners with Union Bank & Trust to Offer Consumers and Small Businesses Rewarding Credit Cards

MINNEAPOLIS–(BUSINESS WIRE)–Elan Financial Services announces a new partnership with Union Bank &
Trust, to offer a new credit card product suite to Union’s 260,000
customers in Virginia.

The credit card product suite includes Visa® Bonus Rewards, Visa® Bonus
Rewards PLUS, Cash Rewards American Express, Travel Rewards American
Express and Visa® Platinum non-reward products. Small Business Cards
also will be available with similar reward propositions along with
Corporate and Community business products. Applications are available at
all Union locations and online at www.bankatunion.com.

“Union has great confidence in Elan’s proven partnership strategy, and
we intend to exceed their expectations,” said Matthew Carpenter, Market
Director for Elan credit cards. “The new partnership allows Elan to
deliver an expanded and more robust card program that will engage
Union’s customers.”

“By partnering with Elan, we can offer our customers a competitive suite
of products and services including a menu of credit card types and
solutions for the variety of cash, travel and merchandise reward options
that meet the needs of our key customer segments,” said President and
CEO of Union Bank & Trust Billy Beale. “This partnership will also speed
up our planned deployment of EMV cards and Apple Pay to our customers.

About Elan Financial Services
For almost 50 years, Elan has
delivered exceptional card products, marketing and service to over 1,400
financial institutions. Elan’s base of more than 2,000 employees is
dedicated to helping partners reduce the risks associated with managing
their credit card portfolios. Elan’s end-to-end solution also includes
card servicing and marketing as well as branch support and sales
incentives. For more information call 1-800-223-7009, or visit www.elanfinancialservices.com.

About Union Bankshares Corporation
Headquartered in
Richmond, Virginia, Union Bankshares Corporation (NASDAQ: UBSH)
is the holding company for Union Bank & Trust, which has 120 banking
offices and 201 ATMs throughout Virginia.

Contacts

Elan Public Relations
Maureen Mook, 612-973-0771