A bank building and an acre of land in the suburbs soon will be up for grabs as a big national player is pulling another pin out of its map of Richmond-area locations.
Wells Fargo continues branch trimming
Banking
Bank to beef up presence in revamped James Center
A South Carolina-based company’s lease will give the property owners a new tenant to build around as heavy renovations continue in one of the complex’s three towers.
Majority investor resigns from Village Bank board
The largest shareholder of the Midlothian-based bank has stepped away from the board, three years after he grabbed his controlling stake with an $8 million infusion.
Union winding down residential mortgage unit
Richmond’s biggest bank will pass the torch of its mortgage origination to a Chicago-based lender with a larger operation.
Henrico startup raises $7M, led by local VC firm
Continuing what’s become an annual tradition, a young financial services company has capped off yet another big capital raise.
Union Bank president steps down
A cancer diagnosis has forced John Stallings to step back and Richmond’s biggest bank to search for a replacement.
Richmond bank is oceanfront-bound
Making good on its previously stated plan to expand farther into Hampton Roads, a locally based bank has found a spot for its first location in Virginia Beach.
Union building from scratch on Iron Bridge
Richmond’s biggest bank is adding to its local branch count with a new storefront it hopes to open late this year.
$15B South Carolina-based bank arrives in Richmond
For the second time in two years, there’s a new flag outside a certain octet of metro-area bank branches.
C&F Bank chief stepping down
He will be succeeded by Tom Cherry, who for years has been groomed by the West Point-based bank to take over its top seat.