More Stories
Wells Fargo to lay off 320 Henrico County employees
Jobs to move to bank's larger offices
Published
The investment management and financial brokerage business unit of Wells Fargo & Co., Virginia’s third-largest bank by 2019 deposits, will lay off 320 employees from its Henrico County office. The
Blue Ridge Bank, Bay Banks complete merger
Transaction creates bank with $2.8B in assets
Published
Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, announced Monday it has completed the merger with Richmond-based Bay Banks of Virginia Inc., the parent holding
Advertisement
Freedom Bank, NVTC to seed $50K revolving loan fund for minority entrepreneurs
Bank, tech council to provide gap financing for NoVa businesses
Published
The Northern Virginia Technology Council (NVTC) and Fairfax-based Freedom Bank of Virginia announced Tuesday a $50,000 revolving loan fund for Northern Virginia entrepreneurs of color who have been affected by
Va. Community Capital president, CEO to retire this year
Jane Henderson to leave after four decades in banking industry
Published
Richmond-based nonprofit Virginia Community Capital (VCC) announced last week that President and CEO Jane Henderson will retire this year after four decades in the banking industry. Henderson has led VCC,
Shareholders approve Blue Ridge, Bay Banks merger
Combined bank would have $1.9B in deposits
Published
Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, announced Thursday its shareholders approved the proposed merger with Richmond-based Bay Banks of Virginia Inc., the parent
New Hampton Roads bank raises $20M
Integrity Bank for Business meets stock purchase commitments
Published
Integrity Bank for Business, a new bank forming in Virginia Beach, has received signed subscription agreements for stock purchases totaling $20.285 million, it announced Tuesday. By Jan. 15, Integrity had
Southern National Bancorp names EVP, CFO
Matthew A. Switzer joins Southern National Bancorp of Virginia Inc.
Published
Southern National Bancorp of Virginia Inc. and its McLean-based Sonabank subsidiary announced Monday that it has hired Matthew A. Switzer as executive vice president and chief financial officer. He succeeds
Touchstone Bankshares names chief lending officer
Sean Link joins bank holding company for Touchstone Bank
Published
Prince George-based Touchstone Bankshares Inc. has named C. Sean Link as its chief lending officer. Link has more than 10 years of senior executive banking experience with a focus on
Trustar Bank announces first acquisition
Great Falls bank acquires Fairfax-based mortgage firm
Published
Great Falls-based Trustar Bank announced its first-ever acquisition Wednesday, taking control of Fairfax-based Granite Mortgage LLC. The acquisition will add Granite Mortgage’s full-service mortgage business line to Trustar’s (founded in
MainStreet Bancshares names business banking division head
Thomas Cary promoted at Fairfax-based bank
Published
Fairfax-based MainStreet Bancshares Inc. (parent company of MainStreet Bank) announced Wednesday that Thomas Cary has been promoted to lead MainStreet Bank’s business banking division. Cary has been with MainStreet Bank