Banking

Breaking News: Union Bank strikes $610M deal for greater push into NoVA

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 »

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.