Will mergers ruin Virginia’s community banks?
For a variety of reasons, an increasing number of Virginia community banks have decided to combine.
Bank of McKenney to acquire Citizens Community Bank, doubling its size
Combined bank will have $447 million in assets and $390 million in deposits.
Carter Bank & Trust names three executives
They will fill the roles of chief financial officer, chief strategy officer and chief information officer.
Park Sterling to merge with South State Corp.
Deal will give South Carolina bank its first presence in the Richmond market.
TowneBank to acquire Paragon Commercial Corp.,
The $323.7 million acquisition will give Virginia-based bank a presence in Raleigh and Charlotte markets.
United Bankshares completes acquisition of Cardinal Financial Corp.
Deal boosts its total assets to more than $19 billion.
Old Point National Bank completes acquisition of mortgage company
Sherry Thacker is named senior vice president and managing director.
Richmond Fed president resigns
Jeffrey Lacker acknowledges role in leaked information in 2012.
Virginia National Bankshares Corp. names chief financial officer
Tara Y. Harrison joined the Charlottesville-based company in October.
Looking for relief
Community bankers hope for regulatory reform under new administration