Banking

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.