Virginia

The half-dozen institutions all hold less than $50 million in assets – some less than a half-million – and will collectively pay a total of about $5,000 to the U.S. Treasury.

Trustar Bank is set to debut in northern Virginia in July.

The Pittsburgh regional, once among the most industry’s most active acquirers, hasn’t bought a bank in more than two years — and it’s in no rush to do so.

Ken Lehman recently bought a block of shares in Village Bank & Trust Financial.

Offering secured credit cards can help a credit union build loyalty with members but this product line can be difficult to successfully manage.

An unusual succession plan at Burke & Herbert Bank raised speculation that Virginia's oldest bank might be interested in buying another institution, for the first time in its history, or even selling to a larger rival. The bank's interim CEO, and the man who will replace him, have other plans.

Members at the $155 million-asset Partnership still need to approve the proposed transaction.

The Credit Union Internal Auditors Association is set to merge into the Association of Credit Union Internal Auditors.

A Burke & Herbert veteran will serve as CEO until January, when the bank will introduce an outsider as its leader.

The McLean, Va.-based institution said that its capital hit a record $2.5 billion last year.