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Bank buys back $10M in TARP shares

Bank buys back $10M in TARP shares

Michael Schwartz October 23, 2014 0

A year after its TARP shares were purchased at auction by unknown bidders, a local bank used funds from a recent capital raise to buy back a big chunk of the shares

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Investor moves to pour major cash into Village Bank

Investor moves to pour major cash into Village Bank

Michael Schwartz October 22, 2014 0

After a bank deal in Glen Allen, a former SEC attorney is pushing to acquire a quarter of the Midlothian-based bank's shares in the middle of its turnaround campaign.

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Shareholder sues over bank merger

Shareholder sues over bank merger

Michael Schwartz October 19, 2014 0

Another class action lawsuit has its hooks in a big Richmond M&A deal

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Big-name banks tighten hold on deposit market

Big-name banks tighten hold on deposit market

Michael Schwartz October 16, 2014 0

For the second year in a row, the giants of the Richmond banking market increased their clout

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Chesapeake bank joins Patterson branch lineup

Chesapeake bank joins Patterson branch lineup

Michael Schwartz October 15, 2014 1

Chesapeake Bank plans to spend millions to renovate a Patterson Avenue office for its first full branch in Richmond, jumping into an increasingly busy stretch of town for banking.

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Bank gets go-ahead for merger

Bank gets go-ahead for merger

Michael Schwartz October 13, 2014 0

A local bank has cleared two big hurdles on its way to the acquisition of a bank in Newport News

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NC bank sets up first branch on Patterson Ave.

NC bank sets up first branch on Patterson Ave.

Michael Schwartz October 8, 2014 0

The banking market is getting even hotter along the Libbie and Patterson retail stretch as another out-of-town bank is planting its flag in the neighborhood

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Bank moves into two vacant branches

Bank moves into two vacant branches

Burl Rolett October 5, 2014 0

A Northern Neck bank has closed on its first Richmond branch offices with one location on Patterson Avenue and one Southside.

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Shared UVA roots help seal merger

Shared UVA roots help seal merger

Michael Schwartz September 17, 2014 0

A Shockoe Slip financial firm’s latest acquisition is tinged with the colors of Wahoo blue and orange

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Ratings show stability for local banks

Ratings show stability for local banks

Michael Schwartz September 12, 2014 0

A ranking of federally insured financial institutions shows second-quarter growth for two local banks, with most others hanging steady to their first-quarter ratings.

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