With first local branch in the works, First National Bank eyes a second in Short Pump

11263 West Broad Street

The building FNB is eyeing was previously home to Atlantic Union Bank. (Courtesy Loopnet)

As it awaits construction of its first Richmond-area branch near Willow Lawn, a $45 billion Pennsylvania-based bank has already scouted out a second location in the region.

First National Bank is looking to open an outpost at 11263 W. Broad in West Broad Village, according to a filing with the State Corporation Commission’s Bureau of Financial Institutions.

The bank would take over a vacant outparcel building at the Whole Foods-anchored mixed-use development that was previously home to an Atlantic Union Bank branch and is next to Bonefish Grill.

It would add to FNB’s initial local spot that’s expected to be built from scratch at 5514 W. Broad St. in the Willow Place shopping center.

An FNB spokesperson could not be reached Monday afternoon. A leasing representative for the West Broad Village landlord, Florida-based CTO Realty Growth, also could not be reached.

first national bank branch 1

FNB’s Willow Place branch is expected to be similar in design this branch. (Courtesy FNB)

FNB previously said it expects its Willow Place branch to open in early 2025 with additional locations to follow.

The branch expansion comes about a year after the bank made its entrance in town with a one-man commercial banking operation.

FNB is led locally by veteran Richmond banker Wes York, who was previously with South State Bank, SunTrust, Atlantic Union Bank and M&T Bank.

The expansion into Richmond is part of FNB’s growth plans for Virginia, which also includes new branches in Northern Virginia.

Beyond Virginia, the bank’s footprint includes Pittsburgh, Baltimore, Cleveland, Washington, D.C., Charlotte, Raleigh, Durham and the Piedmont Triad in North Carolina; and Charleston, South Carolina. It has around 340 offices across those markets.

FNB is a different incarnation of the First National Bank that operated in Richmond in the 20th century and had operated out of the First National Bank tower downtown.

Elsewhere in the local banking scene, national player Chase Bank continues its Richmond-area branch building streak as it eyes a location on an outparcel in front of the ever-evolving Regency mall in Henrico’s west end.

11263 West Broad Street

The building FNB is eyeing was previously home to Atlantic Union Bank. (Courtesy Loopnet)

As it awaits construction of its first Richmond-area branch near Willow Lawn, a $45 billion Pennsylvania-based bank has already scouted out a second location in the region.

First National Bank is looking to open an outpost at 11263 W. Broad in West Broad Village, according to a filing with the State Corporation Commission’s Bureau of Financial Institutions.

The bank would take over a vacant outparcel building at the Whole Foods-anchored mixed-use development that was previously home to an Atlantic Union Bank branch and is next to Bonefish Grill.

It would add to FNB’s initial local spot that’s expected to be built from scratch at 5514 W. Broad St. in the Willow Place shopping center.

An FNB spokesperson could not be reached Monday afternoon. A leasing representative for the West Broad Village landlord, Florida-based CTO Realty Growth, also could not be reached.

first national bank branch 1

FNB’s Willow Place branch is expected to be similar in design this branch. (Courtesy FNB)

FNB previously said it expects its Willow Place branch to open in early 2025 with additional locations to follow.

The branch expansion comes about a year after the bank made its entrance in town with a one-man commercial banking operation.

FNB is led locally by veteran Richmond banker Wes York, who was previously with South State Bank, SunTrust, Atlantic Union Bank and M&T Bank.

The expansion into Richmond is part of FNB’s growth plans for Virginia, which also includes new branches in Northern Virginia.

Beyond Virginia, the bank’s footprint includes Pittsburgh, Baltimore, Cleveland, Washington, D.C., Charlotte, Raleigh, Durham and the Piedmont Triad in North Carolina; and Charleston, South Carolina. It has around 340 offices across those markets.

FNB is a different incarnation of the First National Bank that operated in Richmond in the 20th century and had operated out of the First National Bank tower downtown.

Elsewhere in the local banking scene, national player Chase Bank continues its Richmond-area branch building streak as it eyes a location on an outparcel in front of the ever-evolving Regency mall in Henrico’s west end.

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Banking

Editor's Picks

Subscribe
Notify of
guest

0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments