[ Login ]   [ Register ]

Banking »

Richmond banks make moves in Nelson County, Va. Beach

Richmond banks make moves in Nelson County, Va. Beach

Michael Schwartz June 7, 2017 0

In the midst of their pending $700 million marriage, two local banks are each closing deals at opposite ends of the state

Read More »
Bank shutters downtown branch

Bank shutters downtown branch

Michael Schwartz May 31, 2017 1

A national banking giant has slimmed down its presence in downtown Richmond after closing an outpost in the Wytestone Plaza building

Read More »
Xenith prunes two branches ahead of Union deal

Xenith prunes two branches ahead of Union deal

Michael Schwartz May 24, 2017 0

In the midst of negotiating a $700 million deal to be acquired by one of its larger Richmond-based peers, the local bank also was doing some branch trimming

Read More »
Union, Xenith the latest banks to get hitched

Union, Xenith the latest banks to get hitched

Michael Schwartz May 22, 2017 7

For at least the third time in as many weeks, a regional merger is shaking up the banking ranks in Richmond and across the state

Read More »
Local bank buys new HQ for $1.7M

Local bank buys new HQ for $1.7M

Michael Schwartz May 17, 2017 0

A $230 million bank whose seven-branch territory ranges from Dinwiddie to Chesterfield last month acquired a new headquarters building in Prince George

Read More »
$2B banking deal will ripple into Richmond

$2B banking deal will ripple into Richmond

Michael Schwartz May 9, 2017 1

The transaction will create a $40 billion Southeast banking behemoth and bring a new brand to the local market

Read More »
Middleburg closing Libbie Ave. outpost after merger

Middleburg closing Libbie Ave. outpost after merger

Michael Schwartz May 4, 2017 0

Fresh off being absorbed in a $233 million deal, the Northern Virginia bank is trimming its branch count in Richmond

Read More »
Union to vacate last of in-store Martin’s branches

Union to vacate last of in-store Martin’s branches

Michael Schwartz May 3, 2017 1

The fallout from a mega-grocery deal once again has left a local bank doing the branch shuffle

Read More »
TowneBank, Park Sterling keep M&A action rolling

TowneBank, Park Sterling keep M&A action rolling

Michael Schwartz April 28, 2017 2

Two major players in the Richmond banking market are making moves, one to bring a new bank brand to town and another to shake up the rankings of the largest community banks in the

Read More »
BofA shutters, weighs options for Brookland Park branch

BofA shutters, weighs options for Brookland Park branch

Michael Schwartz April 24, 2017 3

The financial giant has exited a Northside Richmond neighborhood, leaving its real estate -- and the banking market in that part of town -- up for grabs

Read More »