Although more than half of the banks based in Richmond are in the red, many are on the cusp of profitability.
Banking
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.
Union First wants options on its shelf
Richmond’s biggest bank might soon try to raise a big pile of cash.
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.
Virginia Community Bank enters regulatory agreement
The bank, which hasn’t turned a profit since 2009, joins five of its regional peers.
SBA loan volume snapshot
Small businesses around the state borrowed $149.78 million worth of SBA loans from Oct. 1 through May 31.
All the cool banks want to be in Richmond
Another Northern Virginia bank has struck a deal to purchase its first local branch from a struggling a Norfolk-based bank.