Banking

Local bank starts 2020 with acquisition

C&F Bank rang in the new year with the completion of the acquisition of Peoples Community Bank, a small Northern Neck institution.

BB&T-SunTrust deal closes

The banking giants have tied the knot in a deal that’s sure to bring noticeable changes to the Richmond banking market. But the successor brand – Truist – won’t show up in the area immediately.

BofA to shutter Stonebridge branch

The future of the 1.3-acre outparcel on the former Cloverleaf Mall site remains unknown. The bank leases the property and it is owned by a group out of North Carolina.

Chesterfield credit union to merge with VACU

A small local financial institution founded nearly 60 years ago to serve employees of the Chesterfield County government is looking to be absorbed by the region’s largest credit union.