Virginia

By creating corporate governance courses for prospective board members and a multifaceted financial literacy program for high schoolers, Virginia National aims to deepen its bench for years to come.

The National Credit Union Administration has already approved the deal, which is set for a Nov. 5 vote.

Organizers plan to raise $25 million to $35 million in initial capital to focus on small and midsize businesses in northern Virginia.

Queen of Peace Arlington Federal Credit Union had just $2.6 million in assets and one employee prior to the merger.

Jeff Szyperski wants regulators to update the definitions of assessment areas under the Community Reinvestment Act, and remove 'arbitrary' asset thresholds from bank regulation in general.

Driver Management said it would also support National Bankshares if it decided to sell itself.

Mary McDuffie, who is currently Navy Federal's chief operating officer, will succeed Cutler Dawson, who is retiring.

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

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

The National Credit Union Administration is eyeing a 1.1 percent funding increase for 2019 for a total of $334.8 million