News Topic: Virginia

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The Virginia-based credit union has appointed Executive Vice President Lisa Lambrecht as a temporary successor to former President and CEO Delbert Lee Morgan, following his move to Pen Air FCU. ... Read full article

Riverside Health System Employees Credit Union has announced plans to merge into the Yorktown-based credit union, which is roughly 100 times its size. ... Read full article

Members of $5.3 million-asset WJC Federal Credit Union will vote to merge into $3.2 billion-asset Truliant FCU, based in North Carolina. ... Read full article

Integrity Bank for Business is being pursued by a group with ties to Heritage Bankshares, which was sold in 2016. ... Read full article

Virginia National and Fauquier Bankshares are planning to create a $1.6 billion-asset company focused on the middle part of the state. ... Read full article

Members of St. Matthews Federal Credit Union are set to vote on whether to join the $2.3 billion-asset Chartway before the end of the year. ... Read full article

Richard Pillow will step down after more than four decades in the industry. ... Read full article

The proposed combination would create a bank with $3 billion in assets in central Virginia. ... Read full article

Jay Hendricks, the company's chief operating officer, will succeed William Foster in August. ... Read full article

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

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

Zember abruptly resigned as CEO of Ameris Bancorp last summer. ... Read full article

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

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. ... Read full article

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

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