Outposts of the bank in Charlottesville, Fredericksburg, Port Royal and Mechanicsville have been shuttered.
Union First closes 4 branches
Banking
Two dozen fresh faces
Armed with its $125 million war chest, one of Richmond’s newest firms keeps adding to its ranks.
Capital raise raises spirits
The Glen Allen-based parent of First Capital Bank said Wednesday that it would close this week on a capital raise that will net it $17.8 million in fresh cash.
So long, Snoopy
Richmond’s biggest local bank has nabbed dozens of staff members from a shuttered national mortgage company.
In black, but no one’s mourning
The first quarter of 2012 marked Bank of Virginia’s first profitable quarter since 2009.
CVB ditches the 10-K to save $100K
A local bank is taking advantage of a new federal law to save time, money and mountains of burdensome paperwork.
Parting can be such sweet severance
The pending $40 million acquisition of a local bank will bring a payday for more than just the bank’s shareholders.
New hope for tiny credit union’s members
Local credit unions are coupling up faster than high-school students on spring break in Cancun.
Aloft Hotel’s future is up in the air
A local bank wants to take control of a Short Pump hotel whose owner defaulted on the property’s $19 million loan.
Essex Bank’s $221,000 milestone
A local bank that owes the government more than $1 million finally got the green light to make its first TARP payment in more than a year.