The top executive at a Midlothian-based bank is headed for the farm.
Local bank CEO stepping down
Banking
Credit card startup Mission Lane plants flag in Scott’s Addition
The company has taken over 20,000 square feet in a redeveloped building on Belleville Street. It’s one of the bigger office deals in the neighborhood in recent memory.
Chase Bank taking over former Peking restaurant in Shockoe Slip
The national bank has found a spot for its first downtown retail branch, part of its continuing push to open a slew of outposts around the region.
Local bank stocks up with $172M offering
Richmond’s biggest locally based bank last week added to its capital coffers.
New CEO in store for Midlothian-based bank
Back on more stable financial ground, a locally based bank is set to get its third CEO in six years. Midlothian-based Community Bankers Bank earlier this month announced Gary Shook, a veteran Virginia banker and former longtime head of Middleburg Bank, as its next chief executive. Shook, 60, will replace Billy Beale, who came out… Read more »
Out-of-town advisory firm plants first flag in Richmond
By way of Indianapolis, Valeo Financial Advisors has entered the Richmond market with an acquisition.
Charlottesville-based bank to set up shop in Scott’s Addition
The bank will open its first Richmond-area branch in part of the old Infuzion night club property at 1401 Roseneath Road, a redeveloped building it will share with restaurant Wood & Iron.
Chase Bank readies first local branch, digs in at Willow Lawn
The banking giant continues to push ahead with its first retail branches in the Richmond region, and the landlord on one of its Henrico locations has put the property on the market even before the bank has officially opened for business.
West End investment firm invests in new HQ
After 15 years of managing clients’ money with a low-risk ethos, a West End financial firm is applying that approach to its future home.
BizSense Assembly VII Recap: Lending and the ‘thousand-piece jigsaw puzzle’
Enjoy these highlights and the best soundbites from this week’s BizSense Assembly episode, which focused on the state of commercial lending in the midst of coronavirus and how the loan pipeline could be affected going forward.