C&F Financial Corp. completes Central Virginia Bank acquisition
Combined organizations will have $1.4 billion in assets.
Capital One completes sale of Best Buy credit-card accounts
Mclean-based company may soon start $1 billion share repurchase program.
Franklin Financial to repurchase up to 612,530 shares
It is the parent company of Franklin Federal Savings Bank.
Capital One to acquire Beech Street Capital
Maryland based company is the nation’s sixth-largest multifamily, commercial real estate loans originator.
Eastern Virginia Bankshares prepays advances from the Federal Home Loan Bank
Bank officials said the move will eliminate an estimated $4.5 million in annualized interest cost.
Pruning the branch
As mobile and online banking increases, foot traffic at bank branches nationally is decreasing.
Remember Signet and Crestar?
Richmond-based Union First Market Bank and StellarOne Corp. of Charlottesville, announced will merge.
Nonprofit organization to receive $4 million for small-business loans
Virginia Community Capital is a partner in a $500 million Goldman Sachs project.
Matrix Capital Markets opens Chicago office
Richmond-based investment bank also has office in Baltimore.
Bank stock sale proceeds higher than expected
Virginia Heritage to receive $22 million from common stock offering.
EVB closes $45 million private placement
Bank issues 4.6 million of newly issued common stock and 5.2 million shares of preferred stock.