Uncle Sam might be getting even more involved at one local bank.
Central Virginia Bank
From bankruptcy to the block
More than 200 acres set aside for a residential development that never made it out of the ground will be auctioned off Monday.
Local banks get rated
Richmond remained home to two of the lowest rated banks and one of the lowest rated credit unions in Virginia through the first quarter, according to ratings released last week.
The Herd: Departures, new hires and promotions for 3.23.11
A busy herd this week, with moves in building, banking, accounting and more.
EVB signs written agreement with regulators
It’s official – there is now a handful of struggling local banks under regulatory written agreements.
Room to improve
Richmond is home to three of the four lowest-rated banks in the state, according to ratings released last week.
Va. Business Bank starts on Plan C
After announcing its intentions last month to raise $20 million in capital and undergo a fundamental shift in strategy, a troubled bank says it is now considering other options. And the future of its head is in question.
Central Virginia Bank postpones fundraising effort
The Powhatan-based announces that it has postponed efforts to raise up to $15 million on the advice of its investment bankers.
Two local banks get lowest rating
Two local banks were among the lowest-rated financial institutions in the state, according to bank and credit union ratings released last week. But both banks are trying hard to fix the situation ASAP.
The Docket: Circuit Court Roundup for 5.25.10
Lots of businesses trying to collect alleged unpaid bills and unpaid loans this week, plus an eminent domain fight in the City of Richmond and a woman says she slipped and fell on produce at a grocery store. Maybe it was a banana? And a retail clerk wants $4 million from her former employer whom she claims told other workers and customers that she stole and embezzled.