Companies weigh effects of federal tax reform
Most industries expect to benefit from biggest changes since 1986
TowneBank names new chief financial officer
William B. Littreal will succeed Clyde E. McFarland Jr., who is retiring.
TowneBank’s founding CFO to retire in March
Clyde E. McFarland Jr. will be retained as a consultant.
Bank of McKenney shareholders approve merger with CCB Bankshares
Combined company is expected to begin operation as Touchstone Bank on Nov. 13.
Old Point Financial to acquire Windsor-based Citizens National Bank
The cash and stock deal is valued at $7.9 million.
Marking an anniversary
Community bankers banded together 40 years ago to remove barriers to growth
Baird opens its second wealth management office in Virginia
McLean site will house the Popovich Financial Group, led by Managing Director Nancy Popovich.
Capital One introduces credit card focused on food and dining purchases
New product addresses growth in customer spending seen in recent years.
Fairfax-based FVCbank names new CFO
Jennifer L. Deacon was executive vice president at Cardinal Bank.
BNC Bancorp changes its name to Pinnacle
Sign unveilings in six markets, including Roanoke, mark the completion of $1.9 billion merger.
Farmers Bankshares declares quarterly dividend
The record date for 10 cents a share payment will be Oct. 3.