Virginia

Capital One Financial in McLean, Va., has been hit with an enforcement action by federal regulators for deficiencies in anti-money laundering compliance that were connected to a former check-cashing business.

Cordia Bancorp in Midlothian, Va., has named O.R. "Ed" Barham president and chief executive of Bank of Virginia.

Eagle Bancorp in Bethesda, Md., has sold its indirect auto loan portfolio to MainStreet Bank in Fairfax, Va.

Capital One Financial in McLean, Va., took a beating in the stock market Friday, the day after it reported dismal second-quarter results and announced a wave of la

Monica Hughes Davy is new director of the OMWI following a six-month search.

Jane G. Watkins, president and chief executive officer of Virginia Credit Union, a $2.7-billion institution based in North Chesterfield, Va., said she plans to retire on March 31, 2016, after serving 33 years in various capacities.

NCUA announced that it has issued a federal charter to ELCA Federal Credit Union, making it the third such new charter for 2015.

First National Corp. in Strasburg, Va., has a new bank president. The $530 million-asset company said in a press release Monday that Dennis Dysart would also remain chief operating officer of First Bank.

Citizens Community Bank in South Hill, Va., has redeemed about 75% of its outstanding preferred stock in the Small Business Lending Fund.

Access National's four-year-old wealth management subsidiary has grown rapidly and is poised to enter the black. The allure of fee revenues has drawn many community banks into this field amid weak loan growth and tight interest margins.