The regional banking giant trimmed its local footprint as part of a broader wave of closures, and sold one site to a developer specializing in restaurant chains.
Banking
Powhatan bank finds new CEO
A small local bank’s search is over, as it found a permanent replacement for its top post in the mountains of North Carolina.
Union-Xenith deal is sealed
As the clock struck midnight on Jan. 1, a new Richmond banking giant was born.
N.C. bank lands on Libbie
A Raleigh-based bank wasted little time in getting up and running in the Westhampton neighborhood.
2017 Richmond Banking Recap: A busy year of M&A and branch shuffling
Mergers and acquisitions made for some of the biggest headlines in local banking news this year, while a continuous game of branch musical chairs was played in the background.
Scott & Stringfellow branches out
The Richmond-based investment advisory arm of a national bank has been on the move of late, opening two new offices over the last month.
Lakeside credit union finds merger partner
A small local financial institution born decades ago out of a box factory has been absorbed by a larger peer.
BofA to shutter Bon Air branch
The bank that controls the largest pile of deposits in Richmond is shrinking its presence in North Chesterfield.
Pair of bank mergers to shuffle brands on local branches
Two out-of-town bank deals valued at a combined $2.7 billion were sealed last week and soon will trickle into the Richmond market.
Xenith Bank sheds one of two lawsuits ahead of Union merger
The local bank has cleared a legal speed bump as it heads for the finish line in a $2.7 billion deal.