Please ensure Javascript is enabled for purposes of website accessibility

banking

McLean-based Capital One’s $35.3 billion purchase of Discover in 2025 created the sixth largest U.S. bank, as well as many conversion challenges. Photo by Adobe Stock
Apr 24, 2026

Judge approves $425M Capital One settlement

A federal judge approved Capital One’s revised $425 million settlement over 360 Savings account interest rate claims.

TowneBank in Chesterfield County. Photo by Kira Jenkins
Apr 6, 2026

TowneBank sells resort property management segment for $250M

Suffolk-based TowneBank announced Monday it has sold its Towne Vacations division for $250 million to Bellcrest Vacations Acquisitions.

L to R: Harry Golliday and William "Billy" Beale. Photo courtesy Blue Ridge Bankshares
Mar 16, 2026

Blue Ridge Bankshares CEO retires after turnaround

Blue Ridge Bankshares CEO and president Billy Beale retires after leading the bank through regulatory trouble and a return to profitability.

Default Alt Text
Mar 3, 2026

TowneBank appoints new CIO

TowneBank announced Monday that it has appointed Varun Chandhok as senior executive vice president and chief information officer.

John Asbury, president and CEO of Atlantic Union. Photo courtesy Atlantic Union
Mar 1, 2026

2026 Virginia Power 50 List: JOHN C. ASBURY

CEO ATLANTIC UNION BANKSHARES HENRICO COUNTY

2025 Living Legends: ASTON JR., G. ROBERT
Mar 1, 2026

2026 Virginia Power 50 List: G. ROBERT ASTON JR.

EXECUTIVE CHAIRMAN TOWNEBANK SUFFOLK

Bank mergers and acquisitions are in the air, thanks to higher stock prices and looser federal regulations. Photo by Depositphotos
Mar 1, 2026

Virginia banks saw big mergers and acquisitions in 2025

Virginia community banks experienced significant mergers and acquisitions in 2025, including Atlantic Union Bankshares' $1.3 billion purchase of Sandy Spring Bank.

Banking | Finance 2025: ASBURY, JOHN C.
Mar 1, 2026

2026 Virginia Power 50 List: THOMAS I. BARKIN

PRESIDENT AND CEO FEDERAL RESERVE BANK OF RICHMOND RICHMOND

Banking | Finance 2025: ASBURY, JOHN C.
Mar 1, 2026

2026 Virginia Power 50 List: LAWRENCE ‘LARRY’ DI RITA

GREATER WASHINGTON, D.C., MARKET PRESIDENT BANK OF AMERICA WASHINGTON, D.C.

Photo courtesy Capital One Financial
Mar 1, 2026

2026 Virginia Power 50 List: RICHARD FAIRBANK

CO-FOUNDER, CHAIRMAN AND CEO CAPITAL ONE FINANCIAL MCLEAN

Kuhlmann
Mar 1, 2026

2026 Virginia Power 50 List: DIETRICH KUHLMANN

PRESIDENT AND CEO NAVY FEDERAL CREDIT UNION VIENNA

Banking | Finance 2025: ASBURY, JOHN C.
Mar 1, 2026

2026 Virginia Power 50 List: THOMAS RANSOM

REGIONAL PRESIDENT FOR VIRGINIA TRUIST FINANCIAL RICHMOND

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.