Virginia

Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer.

Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.

Fairfax County Federal Credit Union's new name is intended to illustrate a reach well beyond what its original name implies.

The $28 million-asset AB&W Employees Credit Union will merge following a year of uneven financial results.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.

Chesterfield's proposed merger into Virginia Credit Union is expected to be completed in early 2020.

The Maryland company agreed to acquire Rembert Pendleton Jackson, which has $1.3 billion in assets under management.

The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

The Maryland company says two recent deals, including its agreement to buy Revere Bank, give it the right amount of coverage across Washington's suburbs.

StreetShares, started as a peer-to-peer service for veterans, has added a platform intended to connect small financial institutions and underbanked companies.

First Community Bankshares will buy Highlands Bankshares for $91 million.

Skip Brown, an executive with Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.

The two credit unions are expected to complete the integration on Oct. 1 for a combined institution of nearly $3 billion in assets.

Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors.

Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.

A company that operates mostly in rural markets is finally making a push into the thriving mid-Atlantic markets of Washington and Baltimore with its deal for Old Line Bancshares.