The former head of Bank of Virginia is back in the game — this time at a Kilmarnock bank that just set up shop in Richmond.
Frank Bell
Chesapeake moves inland
For the third time in recent weeks, an out-of-town community bank has said it wants a piece of the action in Richmond.
Trading Day: Inside SEC filings for 4.28.11
More big paydays for area bankers. Plus the former CEO of one local bank resigned from his role as vice chairman. And a local coal company closes on a $475M acquisition.
Bank deal finally closes
Bank of Virginia finally gets the cash it has been waiting for, and with the funds come some leadership changes.
Bank deal now in hands of regulators
Bank of Virginia shareholders last week voted in favor of a deal that could bring the struggling bank fresh capital and some new leadership.
Bank of Virginia finds investors
Midlothian-based Bank of Virginia has found a partner that will strengthen its balance sheet and help meet conditions set forth by regulators in January.
Local bank files plan with regulators
According to the agreement, Bank of Virginia must submit to regulators a plan that improves its loan policies, credit risk management and board oversight, among other requirements. The bank must also complete a management review and develop a strategic plan to improve the bank’s earnings and budget for 2010.