Atlantic Union Bankshares Corporation announced that it has received regulatory approval from the Board of Governors of the Federal Reserve System (The Federal Reserve) to complete the previously announced merger of American National Bankshares Inc. (American National) with and into Atlantic Union Bankshares in an all-stock transaction. The Federal Reserve approval follows approvals from the Virginia State Corporation Commission and the shareholders of American National. he merger is expected to close on April 1, 2024, subject to the satisfaction of customary closing conditions.