Banking

Local bank lining up Scott’s Addition branch

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Despite pulling the plug on a planned downtown branch and closing a location in Hopewell as part of a round of expense cuts, a Richmond bank is moving closer to a deal for an outpost in Scott’s Addition.

Wells Fargo continues branch trimming

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A bank building and an acre of land in the suburbs soon will be up for grabs as a big national player is pulling another pin out of its map of Richmond-area locations.

Bank to beef up presence in revamped James Center

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A South Carolina-based company’s lease will give the property owners a new tenant to build around as heavy renovations continue in one of the complex’s three towers.

Majority investor resigns from Village Bank board

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The largest shareholder of the Midlothian-based bank has stepped away from the board, three years after he grabbed his controlling stake with an $8 million infusion.