WashingtonFirst Bankshares raises about $20 million in equity
Bank holding company completes private placement of 1.38 million shares of common stock.
Virginia has low participation in small business program
Commonwealth has used only one-third of federal money allocated for small business loans.
Regulators approve TowneBank-Franklin Financial deal
Bank acquisition is scheduled to close in January.
Citizens Community Bank declares its first dividend
South Hill-based bank uses the move to mark its 15th anniversary.
Strasburg-based First Bank to acquire six Bank of America branches
Offices are in the Shenandoah Valley and Central Virginia.
Chesapeake Bank ready to move into the Richmond market
Kilmarnock-based financial institution will open its first branch in the city next summer.
SunTrust offers customers Apple Pay option
Customers with credit and debit cards can use mobile payment system to complete purchase.
Next-generation banking
Banks transform their operations and service approach to attract millennials
Virginia Partners Bank to sell 500,000 shares of its common stock
The offering, priced at $10.75 a share, is scheduled to end on Dec. 30.
Capital One giving five-year, $5 million gift to the Kennedy Center
Money will be used for ‘Comedy at the Kennedy Center’ events.
Virginia’s personal income growth ranks 44th in the nation
Second-quarter number of 1.3 percent, however, is higher than the previous four periods.
Richmond investment bank to acquire Atlanta firm
The Breckenridge Group deal would be the second since last December for Cary Street Partners.