Latest Story
Va. Credit Union loses bid to expand membership
SCC rules VACU can't add 10K Medical Society of Va. members
The Virginia State Corporation Commission ruled Wednesday that the Chesterfield County-based Virginia Credit Union cannot expand its membership to the Medical Society of Virginia, possibly resolving a three-year battle between
Trending
Sponsored Stories
Why is my Less Than Truckload (LTL) freight pricing going up and my service level going down?
Beyond Juneteenth – How Capital One is Commemorating and Implementing Change
How We Help Your Business Operate Better
Before the Breach: Get Serious About Cyber Resilience
Professionals are Discovering What it Means to Live Uniquely in the Alleghany Highlands of Virginia
Riverside Logistics Celebrates 25th Anniversary!
Girls for a Change Empowers Black Youth for the Future Workforce
The Jackson Ward Collective is equipping Black-owned small businesses with the tools for success
More Stories
Wells Fargo to lay off 320 Henrico County employees
Jobs to move to bank's larger offices
Published
The investment management and financial brokerage business unit of Wells Fargo & Co., Virginia’s third-largest bank by 2019 deposits, will lay off 320 employees from its Henrico County office. The
Morgan Stanley expected to complete $13B E-Trade acquisition Friday
Arlington-based online brokerage to be bought by investment bank
Published
Morgan Stanley announced Thursday it has won regulatory approval and expects to complete its $13 billion acquisition of Arlington-based online brokerage E-Trade Financial Corp. on Friday. In late July, E-Trade
Advertisement
Virginia National, Fauquier banks to merge
Combined bank will have $1.6B in total assets
Published
The parent holding companies of Virginia National Bank and The Fauquier Bank will merge under the Virginia National brand into a combined bank with $1.6 billion in total assets. Charlottesville-based
Trustar Bank names senior adviser
Samuel A. Schreiber joins the Great Falls-based bank
Published
Great Falls-based Trustar Bank announced Tuesday it has hired Samuel A. Schreiber as senior adviser. Schreiber was most recently president of Chain Bridge Bank, but spent 25 years of his
Capital One fined $80M for 2019 data breach
McLean-based bank to add security oversight mechanisms
Published
Federal bank regulator the Office of the Comptroller of the Currency announced Thursday it has fined McLean-based Capital One Financial Corp $80 million for what it calls unsafe and unsound
More small-business relief funds on the way
Virginia banks poised to resume making Paycheck Protection Program loans
Published
President Donald Trump on Friday signed a bill that allocates an additional $320 billion to the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) — and Virginia banks are poised
SBA Paycheck Protection Program loaned nearly $9B to Va. businesses
The $349B small business relief fund ran out Thursday.
Published
Before the Small Business Administration’s (SBA) $349 billion Paycheck Protection Program (PPP) relief fund ran out Thursday morning, Virginia banks processed more than 40,000 applications totaling nearly $9 billion, the
SBA Paycheck Protection Program runs dry, as expected
Congress is still negotiating replenishment of the fund.
Published
The Small Business Administration’s (SBA) $349 billion Paycheck Protection Program (PPP) relief fund officially ran dry Thursday morning, as expected. “The SBA is currently unable to accept new applications for
SBA Paycheck Protection Program funds could run out by Thursday
More than $315 billion of the $349 billion federal relief fund for small businesses was loaned as of late Wednesday evening.
Published
The Small Business Administration’s (SBA) $349 billion Paycheck Protection Program (PPP) relief fund is expected to be exhausted by early Thursday. Since the application process for the fully forgivable loans