A changing of the guard has occurred at a Richmond-area bank, as its longtime chief executive has passed the torch after nearly three decades.
Local bank rings in New Year with CEO succession
Banking
2018 Richmond banking news recap: Union’s rise continues, South State arrives
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.
Local bank opens new branch in Chester, sells one in Cville
Keeping its foot on the accelerator after announcing its latest acquisition, a Richmond-based bank this month unveiled a new branch in Chesterfield County and sold a shuttered location to a competitor in Wahoo country.
Majority investor increases stake in Village Bank
A local bank’s largest shareholder has tightened his grip on the company.
Buyers bag Broad St. bank branches for $6M
Two freestanding bank buildings along West Broad Street each fetched seven-figure sales prices in recent weeks.
Local bank hits 10-figure milestone
The Richmond market is home to yet another $1 billion bank.
Former Union Bank CEO back in the game
Billy Beale has stepped back into a chief executive role – this time to help right the ship at a struggling Midlothian-based institution.
Wells Fargo, BB&T lose ground in Richmond deposit battle
The big four still dominate the chase for deposit dollars in the region, but one locally-based player is nipping at their heels.
C&F goes back for seconds in C-ville
A local bank is expanding its branch presence in Charlottesville beyond the city’s Downtown Mall, with a second outpost in the works and a third likely at some point.