Virginia

Highlands Bankshares (HBKA) in Abingdon, Va., has registered nearly $18 million in common and preferred stock for certain shareholders, directors and executives.

First National (FXNC) in Strasburg, Va., has formed a mortgage division.

DAHLGREN, Va. — Bruce Six is the new CEO at $315 million NSWC Federal Credit Union.

Bank of America (BAC) has agreed to sell 17 branches in North Carolina and Virginia with a total of $944 million in deposits to First Community Bank in Bluefield, Va., and HomeTrust Bancshares (HTBI) in Asheville, N.C.

Eagle Bancorp (EGBN) in Bethesda, Md., has agreed to buy Virginia Heritage Bank (VGBK) in Tysons Corner, Va.

The $1.6-billion asset company, based in Asheville, N.C., is headed into Virginia for the first time after announcing plans Thursday to open a commercial loan production office in Roanoke.

ALEXANDRIA, Va. — Idaho, Iowa and Virginia continue to lead the way in state-level gains, according to NCUA.

ARLINGTON, Va. — There is more turnover at the top at NASCUS after chairman John Kolhoff resigned earlier this week due to increasing duties in his role as a Michigan regulator.

Eastern Virginia Bankshares (EVBS) said Thursday that it has agreed to acquire Virginia Company Bank (VGNA) for $9.2 million in stock and cash.

ALEXANDRIA, Va. — NCUA wants to help credit unions navigate the M&A waters.

VIENNA Va. — One credit union has been so successful promoting itself on Facebook, that even Facebook took notice, publishing a case study based on the results.

DUMFRIES, Va. — A credit union to serve professional and amateur athletes, and their families, has received preliminary charter approval from NCUA, according to the CU's organizer.

ALEXANDRIA, Va. — Despite the threat of civil money penalties for submitting late call reports, and NCUA issuing warning letters after the January deadline, more than 100 CUs still filed late as of the April 25 filing date.

Eastern Virginia Bankshares (EVBS) of Tappahannock, Va., said Thursday that it intends to repay $15 million of its Troubled Asset Relief Program aid by late in the second quarter.

ALEXANDRIA, Va. — The NCUA board unanimously approved a field-of-membership expansion for AERO FCU Thursday during its monthly board meeting.

DUMFRIES, Va. — A credit union to serve professional and amateur athletes, and their families, has received preliminary charter approval from NCUA, according to the CU's organizer.

Hampton Roads Bankshares (HMPR) is launching a marine financing unit for its subsidiary Shore Bank.

Shore Bank, a subsidiary of Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., is opening its third branch on the Eastern Shore of Maryland.

The NCUA is fully aware of credit unions' concerns about its proposed risk-based capital rule, including discretionary examiner authority to set capital standards and the rule's impact on some shops' business lending.

ALEXANDRIA, Va. — As comment letters on the proposed risk-based capital rule flood into NCUA, the agency said it may consider delaying the rule's effective date.