One of the largest lenders of Chesterfield-based Live Well Financial has begun to chip away at the balance of the nearly $70 million it’s owed by the bankrupt mortgage local company.
Lender wins access to $36M in Live Well Financial funds
Banking
Chase Bank’s local expansion continues with second site in Henrico
As it mulls plans to open its first retail branch in the Richmond market near Willow Lawn, the banking giant is showing it’s hungry for more local real estate.
C&F Bank to acquire small Northern Neck peer
An otherwise quiet year for local bank mergers got a small jolt this week.
VACU vs. banks: Bankers protest local credit union’s expansion plan
Richmond’s biggest credit union is looking to get bigger and has drawn the ire of bankers from around the state.
Chase Bank eyes first local branch atop former Extra Billy’s site
A giant of the banking world is looking to make its first big splash in the Richmond market.
Joyner sold to VACU
The third-largest player in real estate in the region is joining up with a local credit union that’s no stranger to the industry.
Former local bank CEO lands new gig in Midlothian
Tommy Bourque is back in the game.
Live Well Financial forced into Chapter 7
An embattled local mortgage lender has been dealt another blow, as a group of its largest creditors were successful in their bid to push the company into bankruptcy.
Hild wants bank lawsuit tossed
The CEO of defunct local mortgage company Live Well Financial is fighting back against a multimillion-dollar lawsuit, arguing he’s not personally on the hook for debt his firm owes to a Michigan-based bank.
Local bank president departs after year on the job
He joined the bank in April 2018 after a long stint at a Northern Virginia-based competitor.