Banking

More turnover at the top of Sonabank as founders depart

Georgia Derrico and Roderick Porter, who founded the bank in 2005, have retired from their respective roles as chairman and vice chairman. That follows a CEO change less than two months ago.

Atlantic Union beefing up office in Maryland

The bank has applied for permission from the Federal Reserve to convert an existing commercial lending office in Columbia, Maryland, to something closer to a full-on branch.

Battle of VACU vs. banks continues

The beef between a group of Virginia banks and Richmond’s largest credit union is headed for another round.

Small Henrico credit union finds local merger partner

On the heels of the announcement of two banking deals that will be felt in the Richmond market, another small local credit union is set to be absorbed by a larger peer in the coming weeks.