JPMorgan Chase moves its local team of five from Innsbrook to Three James Center.
Banking
Local bank names new CEO
The former CEO of the now non-existent Bank of Richmond is back at the helm of a local community bank.
Bank moves a step closer to going public
The transformation of Franklin Federal Savings Bank is underway.
EVB signs written agreement with regulators
It’s official – there is now a handful of struggling local banks under regulatory written agreements.
Local bank’s parent again misses TARP payment
The recent troubles of a Richmond bank are once again preventing a West Virginia holding company from paying a dividend to one of its most powerful shareholders – the federal government.
Eastern Virginia Bankshares to enter agreement
Eastern Virginia Bankshares, a holding company for EVB, said Friday that it expects to enter into a written agreement with the Federal Reserve Bank of Richmond and the Virginia Bureau of Financial Institutions.
It’s not your average bank
Community Capital Bank of Virginia follows a model that’s rare in the U.S. banking system, and it’s adding a branch in Richmond.
Countdown is on for VBB
A struggling local bank has been given 90 days to raise capital or find an acquirer or merger partner.
A stellar deal for some
A local bank that has been battling losses from souring loans announced late Tuesday that it is closing one of its branches and selling the deposits of that branch to a competitor.
Central Virginia Bank names new CEO
But the $423 million bank’s choice won’t surprise close observers.