Business: Highlands Bankshares, Inc. is the holding company of Highlands Union Bank. It was formed in 1995 to take advantage of additional financial opportunities for the bank and its investors. Highlands Union has assets in excess of $650 million. In addition to Highlands Union’s two branches in Sevierville, the bank serves the region through its main office in Abingdon, Va., and 12 other locations in Virginia, North Carolina and Tennessee. These include two branches each in Abingdon and Bristol, Va.; offices in Glade Spring and Marion, Va.; full-service locations in Boone and Banner Elk, N.C., and a loan office in West Jefferson, N.C.; and branches in Rogersville, Blountville and Knoxville, Tenn.