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Bank’s offering rakes in $14 million

Bank’s offering rakes in $14 million

Jonathan Spiers March 30, 2015 0

A Midlothian bank recently capped off a stock offering that brought in some much-needed capital from current shareholders - and a Northern Virginia investor who now holds a 40 percent stake.

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Large bank climbs to top of quarterly ratings

Large bank climbs to top of quarterly ratings

Michael Schwartz March 13, 2015 0

A major Richmond bank has been boosted up to the best possible rating by Florida firm Bauer financial, which evaluates banks' performance each quarter

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Bank gets green light for second local branch

Bank gets green light for second local branch

Michael Schwartz March 6, 2015 0

A Northern Neck bank that recently opened on Patterson Avenue is finishing up the conversion of another former StellarOne branch and plans to open at the end of the month.

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Bank launches $14 million raise

Bank launches $14 million raise

Michael Schwartz February 26, 2015 0

A local bank has kicked off its large-scale turnaround plan with a stock offering aimed first at current shareholders, while a Northern Virginia investor waits in the wings.

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Large credit union strikes Charlottesville merger

Large credit union strikes Charlottesville merger

Michael Schwartz February 20, 2015 0

Richmond's biggest credit union has a deal in the works to absorb a small FCU and create its first office in Charlottesville.

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Bank returns to former name

Bank returns to former name

Michael Schwartz February 18, 2015 1

Richmond's biggest community bank has finally shed its 2010 post-merger namesake and has reclaimed the brand it went by in its early years.

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Banking vet leads firm’s Richmond debut

Banking vet leads firm’s Richmond debut

Michael Schwartz February 17, 2015 0

The former head of Davenport's financial institutions group has jumped ship to lead a Chicago-based firm's first push into the Richmond market.

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Bank nears big move to new branch

Bank nears big move to new branch

Michael Schwartz February 12, 2015 0

A Memphis-based bank that has been operating under the radar in Richmond since 2008 is getting ready to make its first big visible push into the market with a branch at Reynolds Crossing.

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Bank launches student debt program

Bank launches student debt program

Michael Schwartz February 9, 2015 1

A Midlothian bank is rolling out a plan to tap into a huge market of college grads who need to restructure their student loans

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New bank builds its manpower

New bank builds its manpower

Michael Schwartz February 4, 2015 0

Shorty after a huge merger brought it into the Richmond market, the newest bank in town is siphoning off talent from its competition.

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