Virginia

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.

Net income up is up for the industry on average, but the number of federally insured credit unions has dropped to 5,480.

PenFed says its marketing services agency will continue to operate independently.

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

Rose Ellis Baggerly started at the Virginia-based CU in 1979 as a teller and was appointed to the top job in 1997.

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.

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

The Virginia-based CU cited the need for greater automation to continue its growth.

Federal district court in Virginia finds plaintiff had so standing to sue – again.

Apple Federal Credit Union is taking steps to help members save for retirement after a recent study revealed high percentages across the age spectrum aren’t saving enough.

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

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

Kristin Shultz is set to take the helm from retiring CEO Linda Powell, who is leaving after 16 years at the credit union.

CEO James Schenck told attendees at the credit union's 2018 annual meeting that last year saw record growth, including a 10% increase in membership and more.

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

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

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

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

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

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