Virginia

Virginia community bank cuts 12% of its staff

05/16/20

New Peoples Bankshares said the layoffs were necessary because of the coronavirus pandemic and "a changing financial services industry."

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Another bank merger is delayed because of coronavirus outbreak

04/08/20

Pinnacle Bankshares and Virginia Bank Bankshares said the move will let each bank focus more on responding to the COVID-19 pandemic.

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Southern National in Virginia hires Dennis Zember as its next leader

02/20/20

Zember abruptly resigned as CEO of Ameris Bancorp last summer.

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Pinnacle Bankshares in southern Virginia to buy rival lender

01/21/20

The company will pay $29 million for Virginia Bank Bankshares.

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Truist rivals eager to poach clients but will have to wait

01/21/20

For small regionals like Atlantic Union and F.N.B., the biggest opportunity to snag customers will come when the rebranding of BB&T and SunTrust branches begins next year.

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Activist investor pressures Virginia bank to sell

01/14/20

Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer.

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Bay Banks hires former BB&T market president for new strategic post

01/03/20

Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.

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Looking back at 2019's community bankers to watch

12/23/19

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.

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NCUA follows bank regulators’ lead on home appraisals

11/21/19

A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.

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Sandy Spring to buy wealth manager in Northern Virginia

11/06/19

The Maryland company agreed to acquire Rembert Pendleton Jackson, which has $1.3 billion in assets under management.

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