Virginia

Capital One Financial plans to start issuing credit cards for the outdoor equipment chain Cabela's under a deal connected with the retailer's expected sale to Bass Pro Shops.

Financial institutions may have a reputation for being old-school, but their rapidly growing digital-ad budgets are in step with the rest of the business world. Credit unions and banks can both gather valuable demographic data from who clicks on their ads and better measure returns on their investments.

Bankers may have a reputation for being old-school, but their rapidly growing digital-ad budgets are in step with the rest of the business world. Banks can both gather valuable demographic data from who clicks on their ads and better measure returns on their investments.

The $2 billion-asset holding company disclosed in a regulatory filing that its Xenith Bank reached an agreement Friday with Gateway Bank Mortgage in Wilmington, N.C., to sell certain assets to Cornerstone Home Lending, a multistate lender based in Houston.

Old Dominion National Bank in McLean, Va., has raised $20 million through a private stock offering.

Groups in North Carolina, Pennsylvania and elsewhere are stepping up efforts to create programs and conferences dedicated to younger bankers, including millennials.

Chesapeake Bank in Kilmarnock, Va., has endeared itself to its community, and its employees, by rewarding those who support area businesses.

Popular among employees: "Power meetings" ensure that each week has a focus at Chesapeake Bank. Small gifts and prizes are given for winning ideas expressed at the meetings. In addition, employees share success stories to inspire one another.

Community service initiative: Employee fundraisers last year helped create the HomeTown Community Fund, and going forward employees will be able to direct contributions from the fund to local charities of their choice.

Popular with employees: Old Point employees with excellent attendance for six months can earn extra time off.