Banking

A new-to-town bank with a presence in the Libbie-Patterson stretch has opened its second area branch in Chesterfield County.

Just a few months after making its move into Richmond, TowneBank has its sights set on a new branch among the city’s biggest banks downtown.

After a $20 million bond offering, a local bank plans to finally rid itself of its TARP baggage with a 9,000-share buyback.

Richmond police officers and firefighters have joined forces financially in a merger that combines the departments’ credit unions.

Chesapeake Bank’s first Richmond branch is taking shape near the intersection of Patterson and Libbie avenues.

A Midlothian bank recently capped off a stock offering that brought in some much-needed capital from current shareholders – and a Northern Virginia investor who now holds a 40 percent stake.

A major Richmond bank has been boosted up to the best possible rating by Florida firm Bauer financial, which evaluates banks’ performance each quarter.

A Northern Neck bank that recently opened on Patterson Avenue is finishing up the conversion of another former StellarOne branch and plans to open at the end of the month.

A local bank has kicked off its large-scale turnaround plan with a stock offering aimed first at current shareholders, while a Northern Virginia investor waits in the wings.

Richmond’s biggest credit union has a deal in the works to absorb a small FCU and create its first office in Charlottesville.