Banking

Blackstone-based bank making bigger push into Powhatan

Less than two years after making an entrance into Powhatan with a small loan office, an area bank is eyeing a competitor’s former headquarters for its first full-service branch in the rural county.

Wells Fargo trims another local branch

Continuing a trend it began in 2017, a big national bank is further shrinking its physical presence in the Richmond market.

2018 Richmond banking news recap: Union’s rise continues, South State arrives

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A local bank’s star is on the rise, a South Carolina-based competitor makes a big splash in the Richmond area and a national banking giant establishes its first local presence. Plenty of executive shuffling and branch openings this year.

Downtown-based Union Bank & Trust began and ended the year in acquisition mode.

‘They lured me back into the fray’

Nearly two years after his last employer was acquired by an out-of-town competitor, a veteran local banking executive has come off the sidelines to help a Northern Virginia-based bank continue its push into the Richmond market.