Virginia

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.

ALEXANDRIA, Va. — The NCUA remains committed to workforce diversity as a key to success for the organization, despite the agency failing to meet 60% of its own workplace target goals last year.

ALEXANDRIA, Va. — The NCUA remains committed to workforce diversity as a key to success for the organization, despite the agency failing to meet 60% of its own workplace target goals last year.

ALEXANDRIA, Va. — NCUA did not meet over half of its employment diversity goals for 2013, hitting only 40% of its target achievements in this category, according to the agency's annual report, released Monday.

Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., reported higher net income that largely reflected lower expenses and a spike in income from bank-owned life insurance.

Xenith Bankshares (XBKS) in Richmond, Va., has named Thomas Snead Jr. chairman.

ARLINGTON, Va. — Brenda Turner has retired after 22 years as president and CEO of Arlington Community Federal Credit Union.

FAIRFAX, Va. — As financial institutions begin to shift their marketing dollars from traditional media to digital, analysts say online spending can be good for credit unions — but only if they wisely allocate budgets in this marketplace.

United Bankshares' (UBSI) earnings increased during the first quarter, with support from the completion of its Virginia Commerce Bancorp acquisition and sale of one of its own branches.

ALEXANDRIA, Va. — NCUA issued five prohibition orders Wednesday, banning the following people from participating in the business of any federally insured financial institution:

TowneBank (TOWN) in Suffolk, Va., said that improved credit quality helped boost its first-quarter earnings 6.3% from a year earlier, to $11.1 million.