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Money

Aug 25, 2017

FVCBankcorp Inc. sells 500,000 shares in private placement

Gross proceeds, before expenses, totaled $10 million.

Aug 22, 2017

West Creek Financial names new CEO

Rob Finnegan is a board member and major shareholder.

Jul 28, 2017

Will mergers ruin Virginia’s community banks?

For a variety of reasons, an increasing number of Virginia community banks have decided to combine.

Jun 29, 2017

Bank of McKenney to acquire Citizens Community Bank, doubling its size

Combined bank will have $447 million in assets and $390 million in deposits.

Jun 21, 2017

Carter Bank & Trust names three executives

They will fill the roles of chief financial officer, chief strategy officer and chief information officer.

Apr 27, 2017

Park Sterling to merge with South State Corp.

Deal will give South Carolina bank its first presence in the Richmond market.

Apr 27, 2017

TowneBank to acquire Paragon Commercial Corp.,

The $323.7 million acquisition will give Virginia-based bank a presence in Raleigh and Charlotte markets.

Apr 24, 2017

United Bankshares completes acquisition of Cardinal Financial Corp.

Deal boosts its total assets to more than $19 billion.

Apr 21, 2017

Old Point National Bank completes acquisition of mortgage company

Sherry Thacker is named senior vice president and managing director.

Apr 4, 2017

Richmond Fed president resigns

Jeffrey Lacker acknowledges role in leaked information in 2012.

Mar 31, 2017

Counting the competition

The number of Virginia CPAs is rising, and so is demand

Mar 3, 2017

Virginia National Bankshares Corp. names chief financial officer

Tara Y. Harrison joined the Charlottesville-based company in October.

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