Looking ahead to the unveiling next month of this year’s RVA 25 rankings, BizSense checked in with Sterling Point Advisors, which turned heads atop last year’s list with whopping 15,000 percent growth rate.
The firm, launched by a group that broke away from a local bank, is already on the move and has additional expansion in mind.
Of the 27 banks with a retail presence in the local market, 16 reported a decline in deposits in their Richmond-area locations over the last year.
“Charlottesville is very attractive. It allows us to springboard into Roanoke and southwest Virginia very easily,” Dee Ann Remo said of one of the drivers of the deal.
A $45 billion Pennsylvania-based bank, is the latest big name to sign on at the shopping center, which is under redevelopment at the hands of owner Sauer Properties.
The deal combines Partners Financial FCU’s $93.7 million in assets and 7,900 members with that of Argent CU, which has $426 million in assets and 28,000 members.
Richmond’s biggest bank has lightened its load as a landlord and brought in some extra capital as a result.
Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), recently celebrated the launch of its new Diverse Business Banking program in the Virginia market at Virginia Union University in Richmond. Fulton Bank employees, industry professionals and community leaders gathered for networking and to learn more about the program. A group of panelists spoke… Read more »
The Scott’s Addition-based firm has just capped off its third and largest investment fund to date, raising more than three times its previous fund.
Amid an ebb and flow of branch openings and closings across the region, the banking giant is looking to the Chesterfield suburbs for a new location.
Update your browser to view this website correctly. Update my browser now