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Former bank CFO pleads guilty to embezzlement

Former bank CFO pleads guilty to embezzlement

Michael Schwartz July 28, 2015 3

A small local bank's former CFO pleaded guilty last week to skimming about $100,000 from the company, but he will serve no jail time on a suspended sentence

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Charlotte bank up and running on Patterson

Charlotte bank up and running on Patterson

Michael Schwartz July 2, 2015 0

An out-of-town bank’s first Richmond retail branch is open for business in a former gift shop along the competitive stretch of Patterson Avenue

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Longtime credit union CEO to retire

Longtime credit union CEO to retire

Michael Schwartz July 1, 2015 1

A succession is in the works at the top of one of Richmond’s largest financial institutions as its CEO will step down early next year.

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Credit union rolls out loans for bikes

Credit union rolls out loans for bikes

Michael Schwartz June 26, 2015 0

With the popularity of cycling gaining momentum in Richmond, the area's largest credit union is getting in on the trend with new loans for bike purchases.

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Bank finally free of TARP

Bank finally free of TARP

Michael Schwartz June 19, 2015 0

One of several local banks to turn to TARP during the recession has finally cut all ties with the federal program after spending $9 million to buy back shares of its preferred stock.

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Local banks get a positive prognosis

Local banks get a positive prognosis

Michael Schwartz June 16, 2015 0

The local banking market is continuing to improve, according to a recent quarterly rankings report, with two local banks jumping up in the ratings and the rest holding steady

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Credit union kicking off expansion with new branch

Credit union kicking off expansion with new branch

Michael Schwartz June 8, 2015 0

With the OK to expand in the Richmond region, a credit union has scooped up space for a new branch in Chesterfield County

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Bank pulls out of West End mall site

Bank pulls out of West End mall site

Michael Schwartz June 4, 2015 1

A banking giant shut down its branch at the struggling Regency Square mall as the property awaits an overhaul under new owners.

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Bank taps new regional president

Bank taps new regional president

Michael Schwartz May 29, 2015 0

One of the largest banks with local operations has picked a successor to its longtime Richmond regional president, who retired last week after 42 years in the industry.

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Longtime investment banker launches new venture

Longtime investment banker launches new venture

Michael Schwartz May 27, 2015 1

Just months after stepping down from the investment banking firm he helped start, Jeff Moore is putting his experience - and personal funds - into a new private equity company.

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