William Beale »
Regulators withhold blessing, deal quashed
With the deal taking many months longer than either bank president anticipated, and with no deadline in sight, Eastern Virginia Bank and First Capital Bank decided to go their own ways. It was just
Read More »A whole new look
Yesterday we reported that First Market Bank and Union Bank & Trust will merge into one bank with branches that display the sign: “Union First Market Bank.” Now we have a few more details
Read More »First Market Bank cuts ‘duplicate’ jobs
As part of a 9 percent cut in overhead, First Market Bank and Union Bankshares – which are in the process of melding operations – recently cut around 50 jobs
Read More »It’s still good to be the banker
Tarp Schmarp. Executives at Union Bankshares Corp., the parent of local Union Bank and Trust and its 43 locations, earned slightly more in 2008 than in 2007, despite a rough year. The bank accepted
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