As some of the nation’s biggest banks cut free checking, local banks and credits unions are licking their chops.
Banking
Too good to pass up
A two-year old Richmond bank is the first of its local peers to tap into a government small-business lending program.
Fifth Third Bank now competing in Richmond
An Ohio banking giant just set up shop in Richmond.
Local banks under the microscope
Central Virginia Bank is once again one of the few banks in Virginia to receive a zero rating from a firm that rates all federally insured financial institutions each quarter.
A divorcee’s default and a bank’s demise
Bankrupt socialite Patricia Kluge’s financial collapse has spread to Richmond.
Glass half full for local banks
Although more than half of the banks based in Richmond are in the red, many are on the cusp of profitability.
Local bank pays back portion of TARP
U.S. Treasury still owns tens of millions worth of shares in many local banks.
Unloading a bank’s baggage
A Glen Allen insurance company just picked up an insurance subsidiary from a Hampton Roads bank.
Big-dollar permits filed for downtown bank’s build-out
About $1.7 million worth of building permits have been filed for Union First Market Bankshares’ corporate headquarters at Three James Center.
Region’s major banks get their groove back
But Bank of America, which has the most market share of any bank in Richmond, didn’t fare so well.