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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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EVB-Sonabank deal clears state and federal approval

EVB-Sonabank deal clears state and federal approval

Michael Schwartz March 29, 2017 1

The latest in a string of local bank mergers has received the blessing of state and federal regulators, and is primed for a summertime closing date

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Park Sterling shuts down Patterson Ave. branch following merger

Park Sterling shuts down Patterson Ave. branch following merger

Michael Schwartz March 28, 2017 1

The bank's property, along a stretch of Patterson Avenue that in recent years has become a mini-bankers' row, is up for grabs

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Bank opens in Libbie Mill, eyes new construction in Chesterfield

Bank opens in Libbie Mill, eyes new construction in Chesterfield

Michael Schwartz March 22, 2017 0

The Richmond arm of a Hampton Roads-based bank has opened its latest local branch, while a recent land deal in Chesterfield offers a glimpse at its next step for expansion

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Banks lure more talent as merger looms

Banks lure more talent as merger looms

Michael Schwartz March 21, 2017 0

Another local finance veteran is betting on the upside of the pending combination of Bank of Lancaster and Virginia Commonwealth Bank

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Merging banks moving HQ to West End

Merging banks moving HQ to West End

Michael Schwartz March 20, 2017 0

With their marriage set for April Fool's Day, two banks from Petersburg and Kilmarnock have found a place to settle down together in Richmond

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Bank deal headed for the finish line

Bank deal headed for the finish line

Michael Schwartz March 16, 2017 0

A local bank merger now has a clear path to the closing table, in a deal that would create a combined $800 million institution

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Local bank cuts 24 jobs

Local bank cuts 24 jobs

Michael Schwartz February 10, 2017 1

As it moves toward a merger with a Northern Virginia peer, a Henrico-based bank disclosed this week that it has shed two dozen jobs in the last two months

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C&F on the move again

C&F on the move again

Michael Schwartz February 8, 2017 0

With a westward expansion in the works in Charlottesville, the local bank also recently looked east in a bid to grow its mortgage division

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BofA gets pushback from Highland Park neighbors

BofA gets pushback from Highland Park neighbors

Michael Schwartz February 6, 2017 2

A group of Northside businesses and residents is trying to stop the banking giant from pulling out of their neighborhood

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