The troubles at a local bank are preventing its parent company from paying its TARP dividend.
Consolidated Bank and Trust
Two local banks get lowest rating
Two local banks were among the lowest-rated financial institutions in the state, according to bank and credit union ratings released last week. But both banks are trying hard to fix the situation ASAP.
Bank’s heritage consolidated into the history books
A local bank brand known for its African American heritage is getting a name change. And it’s a clever move by the bank’s out-of-state owners to help clean up a regulatory impediment.
Consolidated Bank joins not-so-elite club
A Richmond bank with roots going back to 1903 has been tapped by regulators to deal with its worsening loan portfolio.