Burke & Herbert was established in 1852 and expanded into Richmond in 2022.
Three years into its local expansion plan, Burke & Herbert Bank has found a spot for its first Short Pump-area location.
The Northern Virginia-based bank, which first moved into the Richmond region in 2022, is eyeing a parcel at the northeast corner of Broad Street Road and Wilkes Ridge Parkway, west of Short Pump Town Center, where it would look to build a branch from scratch.
The land sits in Goochland County and is part of the Notch at West Creek, a mixed-use section at the northern end of West Creek that currently includes a hotel, apartments and medical offices.
The bank recently applied for regulatory permission to establish the branch.
Seth Feibelman, who leads Burke & Herbert’s Richmond operations, said the bank is conducting its due diligence for the site and declined to comment further while the process is pending.
If it comes to fruition, the branch would be Burke & Herbert’s second in the Richmond market. Its first opened in 2023 at 2065 Huguenot Road in Chesterfield. The bank also has a commercial loan office in the Glen Forest Office Park at 1802 Bayberry Court in Henrico.
The bank has said its plan is to open three to six branches in the area over time.
The available sites at the Notch at West Creek (Courtesy Thalhimer)
The West Creek land is owned by an entity tied to Pruitt Associates and Riverstone Properties, which control much of the land in West Creek.
The property Burke & Herbert is interested in is one of several pad sites that have been set aside at the intersection of Broad and Wilkes Ridge. Thalhimer’s Jim Ashby handles the leasing and sales of those sites.
Founded in Northern Virginia in 1852, Burke & Herbert is billed as the oldest bank in Virginia and oldest continuously operating bank in the Washington, D.C. area. Its push into Richmond in 2022 marked the first time the bank had expanded beyond its home territory.
Its growth took a major step last year when it merged with West Virginia’s Summit Community Bank, doubling its size and bringing it to a total of around 75 branches across Delaware, Kentucky, Maryland, Virginia and West Virginia.
The bank had $7.8 billion in total assets as of the end of 2024.
In other local bank branch news, Mount Olive, North Carolina-based Southern Bank recently converted its local loan office into a full-service branch, its first in the area.
Burke & Herbert was established in 1852 and expanded into Richmond in 2022.
Three years into its local expansion plan, Burke & Herbert Bank has found a spot for its first Short Pump-area location.
The Northern Virginia-based bank, which first moved into the Richmond region in 2022, is eyeing a parcel at the northeast corner of Broad Street Road and Wilkes Ridge Parkway, west of Short Pump Town Center, where it would look to build a branch from scratch.
The land sits in Goochland County and is part of the Notch at West Creek, a mixed-use section at the northern end of West Creek that currently includes a hotel, apartments and medical offices.
The bank recently applied for regulatory permission to establish the branch.
Seth Feibelman, who leads Burke & Herbert’s Richmond operations, said the bank is conducting its due diligence for the site and declined to comment further while the process is pending.
If it comes to fruition, the branch would be Burke & Herbert’s second in the Richmond market. Its first opened in 2023 at 2065 Huguenot Road in Chesterfield. The bank also has a commercial loan office in the Glen Forest Office Park at 1802 Bayberry Court in Henrico.
The bank has said its plan is to open three to six branches in the area over time.
The available sites at the Notch at West Creek (Courtesy Thalhimer)
The West Creek land is owned by an entity tied to Pruitt Associates and Riverstone Properties, which control much of the land in West Creek.
The property Burke & Herbert is interested in is one of several pad sites that have been set aside at the intersection of Broad and Wilkes Ridge. Thalhimer’s Jim Ashby handles the leasing and sales of those sites.
Founded in Northern Virginia in 1852, Burke & Herbert is billed as the oldest bank in Virginia and oldest continuously operating bank in the Washington, D.C. area. Its push into Richmond in 2022 marked the first time the bank had expanded beyond its home territory.
Its growth took a major step last year when it merged with West Virginia’s Summit Community Bank, doubling its size and bringing it to a total of around 75 branches across Delaware, Kentucky, Maryland, Virginia and West Virginia.
The bank had $7.8 billion in total assets as of the end of 2024.
In other local bank branch news, Mount Olive, North Carolina-based Southern Bank recently converted its local loan office into a full-service branch, its first in the area.
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Wonderful news! For sure we don’t have enough banks already in the area.
Some people have the attitude that you actually don’t need a physical bank to do every day business.All transactions can be done online, which is stupid.