Banking

More branches falling

For the second time this month, an out-of-town bank is looking to unload one of its local branches.

On to Richmond

One of the biggest banks in the state has been quietly increasing its presence in Richmond and has plans for taking market share.

Another shoe drops at Roseland

The company that owns a majority of the 1,300-acre Roseland development in Chesterfield filed for Chapter 11 bankruptcy protection Friday.

Bank endures another rough quarter

Already battered and under pressure from regulators to raise capital or find a buyer, Virginia Business Bank continued to struggle in the first three months of the year.

Essex Bank enters agreement with regulators

Written agreements lay out steps banks must take to improve their financial situations. In the case of Essex and CBTC, improvements were aimed at getting a handle on all its problem loans and doing a better job of vetting potential borrowers and identifying potential problem loans in the future.

New bank makes its Richmond premier

Premier Bank has finally arrived in Richmond. And now Darius Johnson has to think twice when he answers the phone.