Just over a year after expanding in Richmond via acquisition, a Raleigh-based bank once again is looking to increase its local presence.
Banking
Local Wells Fargo advisors jump to Davenport
The Richmond-based investment firm has landed a group of veteran local financial advisors from one of the giants of the industry.
Union-Xenith deal moves ahead; Strasburg-based bank plugs in on Patterson
The biggest local bank deal in recent memory has cleared its last big hurdle, while an out-of-town bank is officially open for business in Richmond.
Village finds its spot in Williamsburg
The Richmond bank has lured a former SunTrust and Monarch Bank executive out of retirement to lead its first push into Hampton Roads.
2 local bank deals get thumbs up from regulators
A pair of acquisitions that will further change the face of the Richmond banking market are a step closer to the closing table.
Union strikes $2.5M naming rights deal for JMU arena
The Richmond bank once again is putting its money down on college sports with its second multimillion-dollar deal with a Virginia university.
Deposits up, branch count down in Richmond market
Despite fewer banks and fewer branches, the local banking scene had a spike in deposits pouring in over the last 12 months.
Bank breaks ground on new Powhatan complex
The first piece of a new 7-acre, Luck Cos.-led development called Stoneridge got underway last week.
Blackstone-based bank pushes into Powhatan
Armed with the recently departed CEO of New Horizon Bank, an out-of-town player has staked a claim in the Powhatan banking market.
Merging banks find their touchstone
After hiring a Richmond marketing firm and going through dozens of names, two Virginia financial institutions have settled on their new moniker.