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American National raises dividend and authorizes share repurchase program
Dividend-rate increase is the first for Danville company since 2007.
Three Virginia regions rank in top half of affordability survey
NerdWallet calculated how much house a typical family can afford in 100 metro areas.
Park Sterling to acquire First Capital in $82.5 million deal
Acquisition will make the Richmond the second-largest market for Charlotte-based bank.
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.
