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Shifting resources

Shifting resources

Michael Schwartz February 8, 2012 2

A well known local businessman is using a portion of his stake in Richmond’s biggest bank to pay down a loan on a condo project

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The county line is no longer the bottom line

The county line is no longer the bottom line

Michael Schwartz January 30, 2012 0

A local credit union got the green light from regulators last month to open itself up for a potential huge expansion

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Fergusons’ biggest creditor sues them

Fergusons’ biggest creditor sues them

Michael Schwartz January 27, 2012 2

EVB becomes the third bank to file suit against a formerly wealthy Richmond couple for exaggerating their net worth when seeking loans

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A $9.8 million ace in the hole

A $9.8 million ace in the hole

Michael Schwartz January 23, 2012 0

A Northern Virginia investor wants to buy a chunk of a local bank and give it a shot of fresh cash

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Union First Market Bank to exit TARP

Union First Market Bank to exit TARP

Michael Schwartz December 2, 2011 0

Richmond’s biggest bank is paying $35 million to exit the federal Troubled Asset Relief Program, a move it hopes will boost its stock

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A payment pickle

A payment pickle

Michael Schwartz December 1, 2011 0

Uncle Sam might be getting even more involved at one local bank.

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Christmas comes early for credit unions

Christmas comes early for credit unions

Michael Schwartz November 18, 2011 5

Masked revolutionaries didn’t show up last weekend at local credit unions, but plenty of money-toting customers did.

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Village Bank to enter regulatory agreement

Village Bank to enter regulatory agreement

Michael Schwartz November 17, 2011 1

Hampered by high levels of souring loans, the $600 million Midlothian-based bank said this week that it expects to enter into a consent order with the FDIC. And the bank is looking to sell

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Downtown gets a fox den

Downtown gets a fox den

Michael Schwartz November 15, 2011 0

Middleburg Bank opened its first local branch last week.

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Chesapeake rings its bell in Richmond

Chesapeake rings its bell in Richmond

Michael Schwartz October 31, 2011 0

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.

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