The merger with Premier Bank created a $7 billion regional bank with 136 locations in Ohio, West Virginia, Kentucky, Maryland, Virginia and Washington, D.C.
Foot traffic at the bank’s only location on the city’s Southside began falling before the pandemic and it has been shuttered since it began.
The region’s largest employer said there is no direct impact to its Goochland County campus, where a bulk of its 13,000 local employees are typically based.
Citizens Bank signed a long-term lease in 2019 for the entire 120,000 square feet for its local headquarters. The new landlord likes banks’ low default rates.
An RFP has been issued to propose ways to redevelop and reuse the 4,800-square-foot building that the banking giant vacated four years ago.
The head of corporate communications has completed seven triathlons — single-day, 140.6-mile races that blend swimming, cycling and running — and she’s training for her eighth.
The deal, valued at $303 million, will add Essex’s $1.7 billion in total assets and 24 branches to United’s $27 billion and current network of 223 branches.
The bank, as part of combining with BB&T as Truist Bank, will vacate its 250,000-square-foot suburban campus at 11011 and 11013 W. Broad St.
The Schwab office at 11657 W. Broad St. closed and moved in with TD at 11108 W. Broad St. The building, which now wears Schwab signage, has employees of both brands onsite.
Sevier County Bank, which expanded into Richmond last fall as Southern Community Bank, is set to be acquired by SmartBank, a much larger competitor from its home state.