In the midst of a regime change and still working to ditch baggage from the recession, a Midlothian bank last week unveiled a plan it hopes will get regulators off its back and put it firmly back in the black.
Bank downsizes and tweaks its vision
Banking
2 years after local push, bank pulls back
An out-of-town bank that made a major push into Richmond less than two years ago is shutting down two of its local branches.
Local financial firm opens office in N.C.
Continuing its expansion streak, a Glen Allen financial firm has spread out to the Tar Heel State.
Bank is left with a high-dollar whodunit
Although it managed to work a deal to avoid a dividend rate hike on its former TARP shares, a local bank wasn’t able to solve an 18-month-old mystery.
Wisconsin bank pours into local market
Another out-of-town bank has made 2014 the year for expansion into Richmond.
N.C. bank plants its flag in Richmond
Armed with an experienced team lured from a local competitor, a North Carolina-based bank is making its first push into Richmond.
Union seals deal to become $7 billion bank
The new year is starting out with a bang for the local banking industry.
In 2013, Richmond banked on the future
A couple of major deals made big news in the local banking scene this year, and several banks saw their fortunes improve.
Firm gives bank third star in three years
Continuing its comeback streak, a local bank that was once among the lowest rated financial institutions in the state has taken another step up.
Insiders issue a $1.68M vote of confidence
In need of some extra capital, a local bank looked to its top dogs for a shot in the arm.