The banking market is getting even hotter along the Libbie and Patterson retail stretch as another out-of-town bank is planting its flag in the neighborhood.
Banking
Bank moves into two vacant branches
A Northern Neck bank has closed on its first Richmond branch offices with one location on Patterson Avenue and one Southside.
Shared UVA roots help seal merger
A Shockoe Slip financial firm’s latest acquisition is tinged with the colors of Wahoo blue and orange.
Union banks on the Hokies
Richmond’s biggest bank is betting on college sports and academics to bolster its brand in the western part of the state.
Credit union reaches for more members, new offices
Call Federal Credit Union has been approved for an expanded community charter that it plans to use to reach more potential members around the region and open five new offices.
Memphis firm targets Richmond wealth
A Tennessee-based financial firm has opened a branch of its wealth management division in the local market, adding to the investment banking operations it has had here since 2010. It has a veteran of the financial advisor scene leading the charge.
Richmond lures another bank from the Northern Neck
Another rural Virginia bank has entered the Richmond market with a commercial lender who was formerly employed by one of its rivals.
Local bank to be acquired in $275M deal
Hampton Roads’ largest bank is entering the Richmond market in a big way, announcing this morning a deal to acquire a longtime local institution, its eight branches and its $1 billion in assets.
Local bank trade group crafts merger in W.Va.
The Virginia and West Virginia bankers associations are working on a merger agreement that would bring the two lobbying and industry groups under one umbrella nonprofit.
TowneBank begins its move into Richmond
One of the dominant banks in Hampton Roads has a plan in the works to build its first branch in Richmond and has already hired a veteran local banker to lead the charge.
