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Union cutting seven branches

Union cutting seven branches

Michael Schwartz May 4, 2015 0

Continuing to trim down its branches post-merger, Richmond's largest bank is cutting seven locations across the state, including two in the Richmond area.

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Northern Neck bank launches second local branch

Northern Neck bank launches second local branch

Michael Schwartz May 1, 2015 0

A new-to-town bank with a presence in the Libbie-Patterson stretch has opened its second area branch in Chesterfield County.

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Bank eyes spot in new downtown tower

Bank eyes spot in new downtown tower

Michael Schwartz April 28, 2015 0

Just a few months after making its move into Richmond, TowneBank has its sights set on a new branch among the city's biggest banks downtown.

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Bank to finally free itself of TARP

Bank to finally free itself of TARP

Michael Schwartz April 23, 2015 0

After a $20 million bond offering, a local bank plans to finally rid itself of its TARP baggage with a 9,000-share buyback.

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Police, fire credit unions seal merger

Police, fire credit unions seal merger

Michael Schwartz April 21, 2015 0

Richmond police officers and firefighters have joined forces financially in a merger that combines the departments' credit unions

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Work underway on bank’s first local branch

Work underway on bank’s first local branch

Jonathan Spiers April 2, 2015 0

Chesapeake Bank's first Richmond branch is taking shape near the intersection of Patterson and Libbie avenues.

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Work underway on bank's first local branch

Work underway on bank's first local branch

Jonathan Spiers April 2, 2015 0

Chesapeake Bank's first Richmond branch is taking shape near the intersection of Patterson and Libbie avenues.

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Bank’s offering rakes in $14 million

Bank’s offering rakes in $14 million

Jonathan Spiers March 30, 2015 0

A Midlothian bank recently capped off a stock offering that brought in some much-needed capital from current shareholders - and a Northern Virginia investor who now holds a 40 percent stake.

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Bank's offering rakes in $14 million

Bank's offering rakes in $14 million

Jonathan Spiers March 30, 2015 0

A Midlothian bank recently capped off a stock offering that brought in some much-needed capital from current shareholders - and a Northern Virginia investor who now holds a 40 percent stake.

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Large bank climbs to top of quarterly ratings

Large bank climbs to top of quarterly ratings

Michael Schwartz March 13, 2015 0

A major Richmond bank has been boosted up to the best possible rating by Florida firm Bauer financial, which evaluates banks' performance each quarter

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