Richmond’s Union Bank & Trust has hit the accelerator once again with yet another acquisition, this time making a play for its first significant piece of the Northern Virginia market. The $13 billion downtown-based bank announced a deal this morning to acquire Access National Bancorp out of Reston in an all stock transaction valued at… Read more »
Banking
Henrico-based bank aims for sixth branch in Maryland
On the heels of opening a new branch in Chesterfield County, a local bank is continuing its run of expansion with yet another outpost planned in Maryland.
Hilds list half of their Manchester holdings for sale
As their bid to add historic designation to more Manchester-area properties remains undecided, a local development duo that has amassed nearly 30 properties there is looking to unload a chunk of its portfolio.
Local bank lining up Scott’s Addition branch
Despite pulling the plug on a planned downtown branch and closing a location in Hopewell as part of a round of expense cuts, a Richmond bank is moving closer to a deal for an outpost in Scott’s Addition.
Union to close 7 branches statewide, including Brook Road
As it settles into its new, larger size following an acquisition earlier this year, one of Richmond’s biggest banks is trimming some branches around the state.
Local bank opens new, modern-design branch in Powhatan
One of the Richmond market’s smallest banks has increased its visibility in Powhatan County.
Massive credit union landing in Chesterfield
The nation’s largest credit union is expanding its presence in the Richmond market.
South Carolina-based bank lures local talent to launch private banking line
A recent arrival to the Richmond banking scene is further beefing up its local presence.
Capital One Café opens in former Secco spot in Carytown
Caffeine and cash come together in the second Richmond location for the credit card giant’s hybrid model, where you can get financial services as well as a cuppa Joe.
Wells Fargo continues branch trimming
A bank building and an acre of land in the suburbs soon will be up for grabs as a big national player is pulling another pin out of its map of Richmond-area locations.