Village Bank

Double-whammy for Village Bank

Although Village Bank was hit with a consent order in February, its Midlothian-based holding company is now facing a written agreement of its own.

Bank of Virginia grabs another rung


One local bank continued to climb its way out of the doldrums, according to ratings released this month, while another fell further.

Dunn gone


A local loan officer recently jumped ship for another bank and took his catchphrase with him.

SBA loan volume snapshot

Small businesses around the state borrowed $149.78 million worth of SBA loans from Oct. 1 through May 31.

‘They hit a brick wall’

Condrey Construction, which thrived during the housing boom by building high-end homes, files bankruptcy.

Room to improve

Richmond is home to three of the four lowest-rated banks in the state, according to ratings released last week.

More dough, but a smaller piece of the pie

An FDIC report shows that many locally based banks saw their local deposit base increase in the past year but watched their share of the total market decrease thanks to Bank of America’s growth.

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.