http://www.richmondbizsense.com Richmond's Homepage For Business News Thu, 09 Feb 2012 23:46:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.richmondbizsense.com/2012/02/08/shifting-resources/ http://www.richmondbizsense.com/2012/02/08/shifting-resources/#comments Wed, 08 Feb 2012 11:31:53 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=37581 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]]> http://www.richmondbizsense.com/2012/02/08/shifting-resources/feed/ 2 http://www.richmondbizsense.com/2012/01/30/the-county-line-is-no-longer-the-bottom-line/ http://www.richmondbizsense.com/2012/01/30/the-county-line-is-no-longer-the-bottom-line/#comments Mon, 30 Jan 2012 11:43:05 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=37262 A local credit union got the green light from regulators last month to open itself up for a potential huge expansion]]> http://www.richmondbizsense.com/2012/01/30/the-county-line-is-no-longer-the-bottom-line/feed/ 0 http://www.richmondbizsense.com/2012/01/27/fergusons-biggest-creditor-sues-them/ http://www.richmondbizsense.com/2012/01/27/fergusons-biggest-creditor-sues-them/#comments Fri, 27 Jan 2012 12:16:43 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=37200 EVB becomes the third bank to file suit against a formerly wealthy Richmond couple for exaggerating their net worth when seeking loans]]> http://www.richmondbizsense.com/2012/01/27/fergusons-biggest-creditor-sues-them/feed/ 2 http://www.richmondbizsense.com/2012/01/23/a-9-8-million-ace-in-the-hole/ http://www.richmondbizsense.com/2012/01/23/a-9-8-million-ace-in-the-hole/#comments Mon, 23 Jan 2012 11:02:41 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=36965 A Northern Virginia investor wants to buy a chunk of a local bank and give it a shot of fresh cash]]> http://www.richmondbizsense.com/2012/01/23/a-9-8-million-ace-in-the-hole/feed/ 0 http://www.richmondbizsense.com/2011/12/02/union-first-market-bank-to-exit-tarp/ http://www.richmondbizsense.com/2011/12/02/union-first-market-bank-to-exit-tarp/#comments Fri, 02 Dec 2011 11:37:00 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=35455 Richmond’s biggest bank is paying $35 million to exit the federal Troubled Asset Relief Program, a move it hopes will boost its stock]]> http://www.richmondbizsense.com/2011/12/02/union-first-market-bank-to-exit-tarp/feed/ 0 http://www.richmondbizsense.com/2011/12/01/a-payment-pickle/ http://www.richmondbizsense.com/2011/12/01/a-payment-pickle/#comments Thu, 01 Dec 2011 11:47:38 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=35424 Uncle Sam might be getting even more involved at one local bank. ]]> http://www.richmondbizsense.com/2011/12/01/a-payment-pickle/feed/ 0 http://www.richmondbizsense.com/2011/11/18/christmas-comes-early-for-credit-unions/ http://www.richmondbizsense.com/2011/11/18/christmas-comes-early-for-credit-unions/#comments Fri, 18 Nov 2011 11:55:38 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=35067 Masked revolutionaries didn’t show up last weekend at local credit unions, but plenty of money-toting customers did. ]]> http://www.richmondbizsense.com/2011/11/18/christmas-comes-early-for-credit-unions/feed/ 5 http://www.richmondbizsense.com/2011/11/17/village-bank-to-enter-regulatory-agreement/ http://www.richmondbizsense.com/2011/11/17/village-bank-to-enter-regulatory-agreement/#comments Thu, 17 Nov 2011 12:01:12 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=35028 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 its 80,000-square-foot headquarters building and close one of its branches in January. ]]> http://www.richmondbizsense.com/2011/11/17/village-bank-to-enter-regulatory-agreement/feed/ 1 http://www.richmondbizsense.com/2011/11/15/downtown-gets-a-fox-den/ http://www.richmondbizsense.com/2011/11/15/downtown-gets-a-fox-den/#comments Tue, 15 Nov 2011 12:04:36 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=34865 Middleburg Bank opened its first local branch last week. ]]> http://www.richmondbizsense.com/2011/11/15/downtown-gets-a-fox-den/feed/ 0 http://www.richmondbizsense.com/2011/10/31/chesapeake-rings-its-bell-in-richmond/ http://www.richmondbizsense.com/2011/10/31/chesapeake-rings-its-bell-in-richmond/#comments Mon, 31 Oct 2011 11:20:17 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=34332 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. ]]> http://www.richmondbizsense.com/2011/10/31/chesapeake-rings-its-bell-in-richmond/feed/ 0