What started seven years ago as an idea between two friends at the University of Richmond has turned into one of the fastest-growing businesses in the region.
Banking
Union makes landfall at the oceanfront
A Richmond bank’s hunt for new revenue has taken it to the edge of the Atlantic Coast.
Alleged co-conspirator pleads guilty in $9M Midlothian investment scam
The partner of a former U.Va. and NFL football player facing civil and criminal charges for defrauding dozens of investors pleaded guilty on Friday for his role in the alleged scheme.
Lowe, Brockenbrough adds former Scott & Stringfellow CEO
A veteran executive of the local investment scene is back in action after joining a longtime West End firm.
Local bank consolidates in Mechanicsville
The Midlothian-based bank is combining two branches in a bid to realign resources and continue its recent momentum.
$35M BofVA deal is sealed
The Richmond market’s third bank acquisition of 2016 is complete.
$35M Bank of Virginia deal awaits closing table
Signing on the dotted line is all that stands between a Midlothian bank and its deal to be acquired later this week by a larger rival from North Carolina.
Beale to bow out as Union CEO
A changing of the guard is in the works at Richmond’s biggest bank after the company looked outside its home state to ultimately find a native Virginian to take its top job.
Local bank steps further into C’ville
As out-of-town banks have flocked to Richmond in search of new revenue, a local bank recently followed a similar strategy in its furthest push westward outside its home market.
TowneBank unlocks new downtown HQ
Less than two years after buying its way into the Richmond market, TowneBank is officially up and running in its new local headquarters, complete with its own place in the downtown skyline.