A local bank has taken a big step toward getting out from under TARP.
Banking
Bank makes June a $50 million month
With $45 million already in the bag, a local bank padded its coffers last week with an additional $5 million in fresh capital.
Capital One announces Richmond layoffs
Richmond’s largest employer is getting a bit smaller.
Central Virginia Bank gets a second star
While waiting to be acquired, the local bank took a step up in a first-quarter rating of all federally insured financial institutions.
$45 million down, $5 million to go
A local bank is feeling flush after closing a major capital raise.
Legal eagles circle massive bank deal
It didn’t take long for the lawyers to start sniffing around the biggest Richmond banking deal in years.
C&F Bank to buy Central Virginia Bank
Not to be outdone by a major announcement from its largest local rival, C&F Bank and its parent company announced a deal of its own late Monday.
Union deal to create mega Va. bank
Union First Market Bank’s acquisition of StellarOne will create the largest community bank in the state since the days of Central Fidelity and Signet.
Union First Market Bank to buy StellarOne
Richmond’s biggest bank is about to get a lot bigger, with an acquisition deal valued at about $445 million.
Banks lend big bucks to small businesses
In the first half of fiscal 2013, SBA lenders in Virginia were busy.