The all-stock deal, which will create a $2.4 billion company with 35 branches in Virginia and North Carolina, will bring the Blue Ridge Bank brand to Richmond for the first time.
Another out-of-town bank enters the fray and lures crew from competitor to get started.
Michael Hild’s trial had been set for October but now will be held in Manhattan in April, as he and his attorney requested more time to prepare.
After two years of methodically plotting its entrance into Richmond, the banking giant is up and running on Staples Mill Road. It’s also under construction on several other local branches.
A Richmond-based wealth management firm looked eastward for its latest acquisition.
The top executive at a Midlothian-based bank is headed for the farm.
The company has taken over 20,000 square feet in a redeveloped building on Belleville Street. It’s one of the bigger office deals in the neighborhood in recent memory.
The national bank has found a spot for its first downtown retail branch, part of its continuing push to open a slew of outposts around the region.
Richmond’s biggest locally based bank last week added to its capital coffers.
Back on more stable financial ground, a locally based bank is set to get its third CEO in six years. Midlothian-based Community Bankers Bank earlier this month announced Gary Shook, a veteran Virginia banker and former longtime head of Middleburg Bank, as its next chief executive. Shook, 60, will replace Billy Beale, who came out… Read more »