Banking

Bank shutters downtown branch

wellsfargo

A national banking giant has slimmed down its presence in downtown Richmond after closing an outpost in the Wytestone Plaza building.

Xenith prunes two branches ahead of Union deal

In the midst of negotiating a $700 million deal to be acquired by one of its larger Richmond-based peers, the local bank also was doing some branch trimming.

Local bank buys new HQ for $1.7M

mckenney branch

A $230 million bank whose seven-branch territory ranges from Dinwiddie to Chesterfield last month acquired a new headquarters building in Prince George.

TowneBank, Park Sterling keep M&A action rolling

Two major players in the Richmond banking market are making moves, one to bring a new bank brand to town and another to shake up the rankings of the largest community banks in the state.