Banking

Local bank gets a little more shine

CVB HQ

In the tale of two Powhatan banks, one is on the rise while the other has fallen back, according to a popular bank ratings system.

BofA cuts jobs in Richmond

BofA bigsign

Bank of America, a major employer in Richmond, laid off dozens local workers last week at its massive mortgage operations center on Villa Park Drive in Northern Henrico.

Q&A: An exit interview with Tom Winfree

winfree pic

A changing of the guard is in the works at Village Bank as Tom Winfree is stepping down after more than a decade at the helm and will retire from banking after a career of more than 30 years.

A peach of a deal

A local bank will no longer have Georgia on its mind.

A litigious road ahead

Union First Market Bank headquarters

After unveiling a proposed acquisition on June 10 that would create a Virginia banking colossus, Union First Market Bankshares and StellarOne Corp. were quickly dragged into a class action lawsuit in federal court.

Score one for the turnaround team

The rejuvenation of the local banking scene continued this week as a Midlothian-based bank was released Thursday from a restrictive written agreement with regulators.