A deal is in the works to make a local financial institution the East Coast hub for one of its larger West Coast peers.
Banking
New local competitor lures banking vet to Patterson Ave.
An out-of-town bank has found its man to lead its charge into the Richmond market.
D.C. credit union’s new mortgage arm to be based in Richmond
A $430 million financial institution is looking to become a bigger player in the mortgage market – and using two local executives and a Chesterfield office to get started.
SunTrust’s top Virginia exec jumps to Union
As it prepares to close on a major acquisition, the local bank has poached a big name from a big competitor to run its day-to-day.
Newly merged bank scores $35M in capital
Following the merger that made it an $800 million institution, Virginia Commonwealth Bank has loaded up its capital cache as it remains on the hunt for future deals.
Led by native Richmonder, NoVa bank locks in West End branch
A Strasburg-based bank has received state and federal approval to open a branch on Patterson Avenue, its first outpost in the region.
Midlothian bank charges into Williamsburg
A local financial institution is making its first move into the Hampton Roads market, which recently has opened up after a steady stream of mergers.
Local bank’s CEO resigns; new Powhatan branch in the works
The Richmond market’s youngest and smallest bank is on the hunt for a new chief, but not letting the leadership change slow down its plan to build a branch in a Luck Cos.-led development.
NoVa bank eyes Patterson Ave. for Richmond entry
A West End property left empty by a North Carolina-based bank has been snatched up by another out-of-towner looking to make its first splash in the market.
Latest local bank merger revealed
The continued coupling of Virginia banks knows no bounds, as yet another deal will reshape the Richmond market.