Banking

New branch set to sprout

citizensbankmainoffice

An out-of-town bank has the green light from regulators to build a branch near a proposed retail development in Chesterfield County.

Second-quarter bank ratings released

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For the second consecutive quarter, a local bank is among the lowest rated in the state, according to rating released this week.

Name 2: Tier One

tierone

CBIA Advisors, founded by local banking veterans Larry Fentriss and Tim Anonick, has rebranded itself.

StellarOne has plans for two and three

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One of the biggest banks in the state is now open for business in Richmond, and it’s already looking to add branches.

Bank gets a $3M boost

bankofvirginiabranch

For the second time in two years, a Midlothian bank is getting a shot in the arm.

Bank happily writes a big check

Essex HQ

Essex Bank and its parent company received approval from regulators this week to make six TARP dividend payments after falling behind in 2010.

Changes afoot at Aloft

One of Richmond’s biggest hotel owners might be close to buying a Short Pump hotel that’s at the center of two multimillion-dollar lawsuits.

Bank bids on its own TARP shares

premier bank

Another bank with local ties has taken advantage of an unexpected chance to buy its way out of TARP on the cheap.

Gammino responds to suit

3031 Norfolk Street

Facing a $14 million lawsuit from a Norfolk bank for his work on two Justin French projects, the local developer argues that the case should be thrown out.