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Atlantic Union Bank names CIO
Matt Linderman was chief technology officer for PNC
Matt Linderman is Atlantic Union Bank’s new chief information officer, the bank’s Richmond-based holding company, Atlantic Union Bankshares Corp., announced Friday. Linderman was previously the chief technology officer of PNC
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TowneBank completes Farmers Bank acquisition
Deal closed on Jan. 13
Published
Suffolk-based TowneBank has completed its acquisition of Windsor-headquartered Farmers Bankshares Inc., the parent company of Farmers Bank, TowneBank announced Tuesday. The $56 million deal created a combined company worth $17.5
Atlantic Union transferring stock listing to NYSE
Richmond bank switching from Nasdaq
Published
Atlantic Union Bankshares Corp., the Richmond-based holding company for Atlantic Union Bank, announced Friday it is transferring the listing of its common stock and depositary shares from the Nasdaq to
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TowneBank promotes HR chief to COO
R. Lee Clark was bank's chief human resources officer
Published
TowneBank has promoted R. Lee Clark from chief human resources officer to chief operating officer, the Suffolk-based bank announced Thursday. In this role, Clark will continue to oversee human resources
Burke & Herbert Bank holding company elects new chair
President and CEO David P. Boyle assumes role Jan. 1
Published
Burke & Herbert Financial Services Corp. announced that President and CEO David P. Boyle will be chair of the board effective Jan. 1, 2023, the Alexandria-based holding company for Burke
U.Va. credit union names new COO
Belinda Tucker was senior VP at MainStreet Bank
Published
The University of Virginia Community Credit Union in Charlottesville has named Belinda Tucker as chief operating officer, the institution announced Monday. Tucker will report directly to Susan Gruber, the credit
Chesapeake Bank CFO appointed COO
Rebecca Andrick "Becky" Foster will hold both roles
Published
Chesapeake Financial Shares Inc. has appointed its chief financial officer, Rebecca Andrick “Becky” Foster, to the additional post of chief operating officer, the Kilmarnock-based parent company of Chesapeake Bank and
TowneBank president and COO retiring
Brad E. Schwartz will retire on Dec. 31
Published
TowneBank President and Chief Operating Officer Brad E. Schwartz will retire on Dec. 31, the Suffolk-based bank announced Wednesday. Schwartz will also step down as a director when his current
Fifth District economy little changed since August, Fed says
Demand for several sectors drops in face of inflation
Published
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has been largely unchanged since August, according to the
TowneBank names president, regional banking director
Brian Skinner will lead Virginia, northeastern N.C. markets
Published
TowneBank has promoted Brian Skinner to the newly created role of president and regional banking director for all of its markets in Virginia and northeastern North Carolina, the Suffolk-based bank