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Union seals deal to become $7 billion bank

Union seals deal to become $7 billion bank

Michael Schwartz January 3, 2014 1

The new year is starting out with a bang for the local banking industry.

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In 2013, Richmond banked on the future

In 2013, Richmond banked on the future

Michael Schwartz December 26, 2013 0

A couple of major deals made big news in the local banking scene this year, and several banks saw their fortunes improve.

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Firm gives bank third star in three years

Firm gives bank third star in three years

Michael Schwartz December 18, 2013 0

Continuing its comeback streak, a local bank that was once among the lowest rated financial institutions in the state has taken another step up.

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Insiders issue a $1.68M vote of confidence

Insiders issue a $1.68M vote of confidence

Michael Schwartz December 16, 2013 0

In need of some extra capital, a local bank looked to its top dogs for a shot in the arm.

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Richmond firm extends its reach to Texas

Richmond firm extends its reach to Texas

Michael Schwartz December 13, 2013 0

A Shockoe Slip financial firm has new place to hang its hat in the Lone Star State.

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Investment firm stakes claim in Richmond

Investment firm stakes claim in Richmond

Brandy Brubaker December 4, 2013 1

An out-of-town investment banking firm has set up shop in downtown Richmond

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Bank maintains its turnaround trajectory

Bank maintains its turnaround trajectory

Michael Schwartz November 26, 2013 0

A local bank has chipped off another chunk of

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Banks move toward resolution of lawsuit

Banks move toward resolution of lawsuit

Michael Schwartz November 21, 2013 0

A settlement is in the works to end a class action lawsuit tied to a massive Richmond banking deal

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SBA lending dips slightly in Richmond area

SBA lending dips slightly in Richmond area

Michael Schwartz November 12, 2013 0

Small business lending across the state saw a bump in fiscal 2013, according to numbers released last week, but that wasn't the case locally.

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Mystery buyer pulls off local bank’s TARP

Mystery buyer pulls off local bank’s TARP

Michael Schwartz November 11, 2013 1

An unknown investor last week was able to buy a claim in a local bank on the cheap.

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