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Union, Xenith the latest banks to get hitched

Union, Xenith the latest banks to get hitched

Michael Schwartz May 22, 2017 2

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

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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

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$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

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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

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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

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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

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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

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Local credit union’s newest worker: Amazon’s Alexa

Local credit union’s newest worker: Amazon’s Alexa

Michael Schwartz April 6, 2017 0

The institution is developing programs for Amazon Echo devices that allow readers to check branch wait times and up-to-date interest rates

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Done deal: Petersburg, Kilmarnock banks close $29M merger

Done deal: Petersburg, Kilmarnock banks close $29M merger

Michael Schwartz April 3, 2017 0

The deal, valued around $29 million, created a combined $800 million institution that is relocating its combined headquarters to Richmond's West End

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Richmond banks hit a milestone in ratings

Richmond banks hit a milestone in ratings

Michael Schwartz March 31, 2017 0

A local bank's fourth quarter performance helped it leap up yet another notch in the eyes of a well-known financial institution rating firm, while the Richmond market reached a rating level not seen since

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