News Topic: Virginia

Union Bankshares will gain 15 branches and $2 billion in loans in northern Virginia after it buys Access National. ... Read full article

The company will pay $96 million to buy HomeTown Bankshares to gain scale in western Virginia. ... Read full article

Union Bankshares in Virginia has been adding executives from much larger competitors as it looks to compete more effectively with bigger banks ... Read full article

Maria Tedesco's duties will include oversight of commercial, business and consumer banking at Union Bank & Trust. ... Read full article

With the large storm threatening coasts in Virginia and the Carolinas, some banks are planning to shutter branches for the rest of this week. ... Read full article

Casey Crawford, CEO of Movement Mortgage, bought First State Bank in Virginia last year. He has since injected more capital into the bank in an effort to reinvent it. ... Read full article

The companies had been unable to secure regulatory approval for the deal, which was announced a year ago. ... Read full article

Virginia National will set aside up to $950,000 to cover losses after ReliaMax, a firm that issues surety bonds for student loans, was placed into liquidation. ... Read full article

Union Bankshares in Virginia sold Shore Premier Finance, a business it inherited from a recent acquisition. ... Read full article

Hilton Capital Management wants National Bankshares to buy back stock or declare a special dividend. ... Read full article

Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches. ... Read full article

Michael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United. ... Read full article

Total loans at Old Dominion National Bank have tripled since 2016. ... Read full article

The northern Virginia company will also gain more branches around Washington as part of the $33 million deal. ... Read full article

Christopher Bergstrom led Cardinal Financial when it sold itself to United Bankshares in 2017. ... Read full article

A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs. ... Read full article

The Alabama bank agreed to buy Peoples Bank for $23 million as part of a plan to target new Southeastern markets. ... Read full article

Gary Shook, who led Middleburg Financial before its sale to Access National, has become president of Blue Ridge's bank. ... Read full article