That new bank smell

Richmond’s biggest local bank recently opened its newest branch, which, in a break from recent trends, was built from scratch.

‘You can’t get any financing’

Part of a massive mixed-use development in Ashland tied to one of the area’s largest real estate developers is going into foreclosure and will be auctioned off this month.

Two local banks didn’t make the grade

Although Richmond is still home to two of the lowest rated banks in the state, one bank managed to work its way out of the cellar, according to ratings released last week. Central Virginia Bank and Virginia Business Bank were among the five banks in Virginia to receive a zero rating for the fourth quarter… Read more »

Local bank names new CEO

The former CEO of the now non-existent Bank of Richmond is back at the helm of a local community bank.

Local bank’s parent again misses TARP payment

The recent troubles of a Richmond bank are once again preventing a West Virginia holding company from paying a dividend to one of its most powerful shareholders – the federal government.

Eastern Virginia Bankshares to enter agreement

Eastern Virginia Bankshares, a holding company for EVB, said Friday that it expects to enter into a written agreement with the Federal Reserve Bank of Richmond and the Virginia Bureau of Financial Institutions.

It’s not your average bank

Community Capital Bank of Virginia follows a model that’s rare in the U.S. banking system, and it’s adding a branch in Richmond.