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Old Point National Bank names new president and CEO
Robert F. Shuford Jr. has been senior executive vice president and chief operating officer.
Richmond Fed president builds case for interest rate increase
Central bank’s Federal Open Market Committee meets Sept. 16-17.
Waiting and wondering
For more than six years, short-term interest rates have hovered near zero, but that could change soon.
First Bank names president and chief operating officer
Dennis A. Dysart was senior executive vice president and COO.
Virginia Retirement System names new director
Patricia S. Bishop had been acting director of state pension program.
Heritage Bankshares begins trading on OTCQX
It is the holding company for Heritage Bank in Hampton Roads.
Bank redeems preferred stock shares issued under TARP program
Eastern Virginia Bankshares pays $9.1 million for the final 9,000 shares.
WashingtonFirst Bankshares to acquire 1st Portfolio Holding Corp.
The $7.7 million stock deal will expand banking company’s mortgage lending and add wealth management services.
Eastern Virginia Bankshares repays government for stock rights
The $115,000 payment was for warrant issued during recession as part of TARP.
First Virginia Community Bank to increase number of shares by 25 percent
Fairfax-based bank plans stock split in April.
Virginia Retirement System picks Windham Capital as strategic partner
The Boston-based firm will manage $200 million as part of new initiative.
Survey finds military millennials more focused on financial future
Navy Federal poll say fewer than half of their civilian contemporaries have made long-term financial goals.
