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.
Banking
Henrico-based bank advisory firm raises seven figures for software blitz
In the midst of a healthy banking market, the Innsbrook-based firm is making a multimillion-dollar national push into the software business as it continues its post-recession evolution.
Hild gets more time to respond to SEC charges
Embattled local businessman Michael Hild last week bought himself some extra time to respond to civil claims filed against him by the federal government.
Hilb Group acquired by Carlyle Group
The fast-growing local insurance brokerage has a new private equity backer to help fuel its continued wave of agency acquisitions.
Chase Bank eyes spot near VCU
With locations lined up in Willow Lawn and the West End for its initial Richmond retail push, banking giant Chase Bank is now going after the VCU market.
Investment banking firm jumps across Cary in Shockoe Slip
The founders of Dickinson Williams & Co. don’t have to look far to be reminded of where it all started.
Blackstone-based bank plants new flag in Powhatan
After snatching up a competitor’s former headquarters, an area bank is open for business in its first full-service branch in Powhatan County.
Bank grabs more space in James Center for Richmond HQ
Less than two years into its run in Richmond, a South Carolina-based bank is bulking up its presence downtown, in a move that will allow it to offload an Innsbrook office building.
Chase Bank gets go-ahead for Willow Lawn branch
The financial giant took two important steps this month toward opening a prominent location as part of its initial retail push into the Richmond market.
Local bank grabs $25M in capital raise
Two years after it took on more than $30 million from investors, a Richmond-based bank is back in capital-raising mode.