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.
Downtime: Atlantic Union Bank’s ‘Ironman’ spokeswoman
Banking
United Bank buying its way into Richmond with Essex Bank acquisition
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.
SunTrust transitioning by vacating big swath of Innsbrook-area office space
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.
Schwab, TD Ameritrade consolidate Short Pump branches after merger
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.
Deal to combine Tennessee banks will ripple into Richmond
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.
Investment banking firms Matrix and Piper Sandler make moves downtown
Richmond-based Matrix moved its HQ to Gateway Plaza and Piper Sandler leased its first office in the city at the SunTrust Center.
Bank of America’s multi-building complex in Henrico sells for $208M
Singaporean investors bought the 47-acre site from Longships Capital, Homeward Angel and Prudent Richmond, which paid $38 million for the property in 2017.
Atlantic Union Bank finds location for its first branch in Scott’s Addition
Richmond’s biggest locally-based bank will open a 1,500-square-foot storefront at 1400 Roseneath Road in the Scott’s View mixed-use development.
Powhatan bank gets new owner, $5M in fresh capital for digital push
New Horizon Bank, the smallest bank in the Richmond region with a single branch, was acquired by holding company CSBH.
Chase Bank branching out to eastern Henrico with White Oak location
he new from scratch bank at 4508 S. Laburnum Ave. would be at least the ninth Richmond-area branch either open for business or in the works for Chase.