Fulton Bank’s most recent branch opening was in Scott’s Addition in early 2024.
Less than a year after opening its first branch in Scott’s Addition, a Pennsylvania-based bank is on the move yet again in the Richmond region.
Fulton Bank plans to relocate its Innsbrook-area branch at 4180 Dominion Blvd. to 8215 W. Broad St. at the corner of Parham Road.
The Broad Street building was formerly used as a branch by Wells Fargo, which shuttered the location last year.
A Fulton Bank spokesperson confirmed the move and said the new location is expected to open later this year following a round of renovations.
The bank’s four-person team from its current Dominion Boulevard office will be moved to Broad Street.
“The new location will provide enhanced visibility, easier access and additional parking to our customers,” the bank said in an email.
Wells Fargo vacated the branch at 8215 W. Broad St. in October 2023.
The bank will lease the 2,500-square-foot Broad Street building. It is owned by Poppas Associates LLC out of Northern Virginia, according to Henrico County records. The building was constructed in 1966 and previously housed Wells Fargo predecessors Signet Bank and First Union Bank.
Fulton said it has yet to hire a general contractor for its planned renovations.
Headquartered in Lancaster, Pennsylvania, Fulton Bank has three branches in the Richmond region. One of those opened earlier year at 3210 W. Broad St. in The Icon mixed-use building in Scott’s Addition. The other is at 9030 Stony Point Parkway on the Southside.
Fulton Bank is part of parent company Fulton Financial. The company has $27 billion in total assets and more than 200 locations in Pennsylvania, New Jersey, New York, Maryland, Delaware and Virginia.
The bank controlled around $176 million in local deposits as of June 30 last year, the most recent data available from the FDIC.
Fulton owns its current 3,200-square-foot Dominion Boulevard building, which it inherited through its acquisition of the former Resource Bank. It’s unclear whether Fulton plans to put the property and its 1-acre site on the market once the relocation is complete.
In other recent bank branch moves, Bank of America permanently closed its longtime downtown branch at 1111. E. Main St., on the ground floor of the office tower that bears its name. However, construction has begun on a new BofA branch at 5000 W. Broad St. across from Willow Lawn.
Fulton Bank’s most recent branch opening was in Scott’s Addition in early 2024.
Less than a year after opening its first branch in Scott’s Addition, a Pennsylvania-based bank is on the move yet again in the Richmond region.
Fulton Bank plans to relocate its Innsbrook-area branch at 4180 Dominion Blvd. to 8215 W. Broad St. at the corner of Parham Road.
The Broad Street building was formerly used as a branch by Wells Fargo, which shuttered the location last year.
A Fulton Bank spokesperson confirmed the move and said the new location is expected to open later this year following a round of renovations.
The bank’s four-person team from its current Dominion Boulevard office will be moved to Broad Street.
“The new location will provide enhanced visibility, easier access and additional parking to our customers,” the bank said in an email.
Wells Fargo vacated the branch at 8215 W. Broad St. in October 2023.
The bank will lease the 2,500-square-foot Broad Street building. It is owned by Poppas Associates LLC out of Northern Virginia, according to Henrico County records. The building was constructed in 1966 and previously housed Wells Fargo predecessors Signet Bank and First Union Bank.
Fulton said it has yet to hire a general contractor for its planned renovations.
Headquartered in Lancaster, Pennsylvania, Fulton Bank has three branches in the Richmond region. One of those opened earlier year at 3210 W. Broad St. in The Icon mixed-use building in Scott’s Addition. The other is at 9030 Stony Point Parkway on the Southside.
Fulton Bank is part of parent company Fulton Financial. The company has $27 billion in total assets and more than 200 locations in Pennsylvania, New Jersey, New York, Maryland, Delaware and Virginia.
The bank controlled around $176 million in local deposits as of June 30 last year, the most recent data available from the FDIC.
Fulton owns its current 3,200-square-foot Dominion Boulevard building, which it inherited through its acquisition of the former Resource Bank. It’s unclear whether Fulton plans to put the property and its 1-acre site on the market once the relocation is complete.
In other recent bank branch moves, Bank of America permanently closed its longtime downtown branch at 1111. E. Main St., on the ground floor of the office tower that bears its name. However, construction has begun on a new BofA branch at 5000 W. Broad St. across from Willow Lawn.