The recently displaced head of SunTrust’s Richmond operations has landed a new gig.
Banking
Bank opens its first Chesterfield location
The local bank branch shuffle continues, with a Christiansburg-based institution making a move.
Midlothian-based bank branches out
The search for growth and profit has a small local bank wading in with the big fish.
Gate swings shut in the local banking scene
A local bank branch will be closed this summer by its Virginia Beach owner.
Local bank finds a $45 million solution
Some newfound cash will help a $1 billion bank shed lingering bad loans and foreclosed real estate.
Local banks’ recent ratings are a mixed bag
Village Bank improved its standing in the fourth quarter, according to a firm that rates all federally insured financial institutions, after being among the lowest rated banks in the state for several periods. But another local bank took a step backward.
Markel makes $9.5 million cash withdrawal
The local insurer, which is in the midst of a $3 billion acquisition, continues to unload its stake in Richmond’s biggest bank.
Credit union works all-cash deal for branch
Connects Federal Credit Union has moved in on a big bank’s territory.
Bank celebrates an $853,000 turning point
A local bank has fought its way back to the black.
Credit union eyes thousands of prospects
One of Richmond’s biggest financial institutions is expanding in the suburbs.