Richmond police officers and firefighters have joined forces financially in a merger that combines the departments’ credit unions.
Banking
Work underway on bank’s first local branch
Chesapeake Bank’s first Richmond branch is taking shape near the intersection of Patterson and Libbie avenues.
Bank’s offering rakes in $14 million
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.
Large bank climbs to top of quarterly ratings
A major Richmond bank has been boosted up to the best possible rating by Florida firm Bauer financial, which evaluates banks’ performance each quarter.
Bank gets green light for second local branch
A Northern Neck bank that recently opened on Patterson Avenue is finishing up the conversion of another former StellarOne branch and plans to open at the end of the month.
Bank launches $14 million raise
A local bank has kicked off its large-scale turnaround plan with a stock offering aimed first at current shareholders, while a Northern Virginia investor waits in the wings.
Large credit union strikes Charlottesville merger
Richmond’s biggest credit union has a deal in the works to absorb a small FCU and create its first office in Charlottesville.
Bank returns to former name
Richmond’s biggest community bank has finally shed its 2010 post-merger namesake and has reclaimed the brand it went by in its early years.
Banking vet leads firm’s Richmond debut
The former head of Davenport’s financial institutions group has jumped ship to lead a Chicago-based firm’s first push into the Richmond market.
Bank nears big move to new branch
A Memphis-based bank that has been operating under the radar in Richmond since 2008 is getting ready to make its first big visible push into the market with a branch at Reynolds Crossing.