Virginia

James Mears has served as COO of the Newport News, Va.-based institution for 15 years.

Credit unions clinging to an outdated name that no longer reflects the institution's current field of membership could be doing themselves more harm than good, experts say. But it's a fine line between honoring the past and preparing for tomorrow.

McLean Mortgage is not going forward with a potential sale to Congressional Bank in Bethesda, Md., saying an agreement that made sense for all parties wasn't possible.

The former Washington Gas Light FCU in Virginia has unveiled its new name.

East Windsor, N.J.-based McGraw Hill Federal Credit Union will merge into PenFed, the latest in a series of growth moves from the nation's third-largest credit union.

For years Carter Bank in Virginia had resisted technology of all kinds — even ATMs. But a leadership change, rising rates and a thirst for low-cost deposits finally led to a change in philosophy.

American National Bankshares is trying to force the proposed American Bank & Trust to change its name.

Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation.

Regional and community banks are eager to buy branches and hire top performers from the merging companies.

John Asbury says his Virginia bank, soon to be renamed Atlantic Union Bank, could eventually stretch from Charlotte, N.C., to Baltimore and take on the big players that dominate those markets.

The Virginia company, which recently bought Access National, will become Atlantic Union Bank later this year.

The McLean, Va.-based institution is launching a digital division that will create content that touches on topics beyond banking.

Shaza Andersen, a well-known banker around the nation's capital, would serve as Trustar Bank's CEO.

The Germantown, Md.-based institution can now serve residents throughout the Washington, D.C., region.

The Virginia company cautioned that it expects lending to slow down this year.

Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.

John Milleson, who has led the company for 20 years, will retire after his successor is in place.

Industry trade groups, which have been active in fighting lawsuits that allege violations of the Americans with Disabilities Act, hailed the decision.

Chartway Federal Credit Union now has roughly $2.2 billion in assets and more than 190,000 members.

A smooth integration of Access National could allow John Asbury, CEO of Union Bankshares, to move a step closer to building a regional franchise that stretches from Baltimore to Hampton Roads.