Banking

With new branches, Union closes in on 100

Richmond’s biggest bank officially opened seven new branches in the western part of Virginia Monday – all inside Martin’s grocery stores.

SBA loan volume snapshot

Small businesses around the state borrowed $149.78 million worth of SBA loans from Oct. 1 through May 31.

Chesapeake moves inland

For the third time in recent weeks, an out-of-town community bank has said it wants a piece of the action in Richmond.

Local banks get rated

Richmond remained home to two of the lowest rated banks and one of the lowest rated credit unions in Virginia through the first quarter, according to ratings released last week.

In the middle of the action

A Northern Virginia bank with deep ties to Warren Buffett’s former right-hand man has its sights set on Richmond.