Banking

EVB sealed a merger last week, bringing in access to the Hampton Roads market and $100 million in assets.

With a deep-pocketed fail-safe in place, a local bank has devised a plan to raise a pile of cash in hopes of shoring up its capital cushion and keeping shareholders happy.

A Glen Allen bank is replacing a shut-down Maryland branch for a better location that was recently acquired by Capital One.

With a loss of at least $14 million to thieves, a local armored transportation company’s biggest market is also a big liability.

The latest in a string of local credit union mergers is looking to bring city police and firefighters under one roof.

A Northern Neck bank has its first Richmond branch up and running in a part of town that has become a local banking hub. But the branch opened without the help of the veteran local banker that Bank of Lancaster had tapped to lead its Richmond efforts.

A year after its TARP shares were purchased at auction by unknown bidders, a local bank used funds from a recent capital raise to buy back a big chunk of the shares.

After a bank deal in Glen Allen, a former SEC attorney is pushing to acquire a quarter of the Midlothian-based bank’s shares in the middle of its turnaround campaign.

Another class action lawsuit has its hooks in a big Richmond M&A deal.

For the second year in a row, the giants of the Richmond banking market increased their clout.