Banking

For the second time in two years, there’s a new flag outside a certain octet of metro-area bank branches.

The bank’s sights are set on Midlothian for its third local branch closure in about a year.

Bob Aston, who has led the Hampton Roads-based bank since its founding in 1998, has relinquished the role to its longtime president.

Less than two weeks after sealing a similar deal in Roanoke, the Richmond bank continues its climb in the wealth management business.

A $380 billion institution is installing its first office presence in the area, taking on new space downtown in the process.

The Henrico-based bank is moving out of one of its earliest legacy branches in Tappahannock, ending a 92-year run at that location.

With its new branch under construction up the road, a local bank has found a new, separate home for its back office and dipped its toe into residential mortgage lending.

A local bank is buying back the last lingering pieces left over from a recession-era stimulus plan – and saving a few shekels in the process.

The banking giant will put up for grabs a 90-year-old building along a stretch of the neighborhood that’s garnering renewed interest.