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Deal would lift TowneBank's profile in fast-growing Virginia capital

American Banker

The $17 billion-asset Suffolk-based company is convinced paying $120 million for an in-state rival is a more productive use of capital than share buybacks

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Capital One comes on top for customer satisfaction for second consecutive year

Banking Exchange

Virginia-based bank surpassed industry average score, but four US banks fall short Retail Banking Feature Feature3 Customers Community Banking.

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Embattled Blue Ridge Bankshares lands $150 million capital infusion

American Banker

Bank investor Kenneth Lehman and investment firm Castle Creek are providing the funds to the Virginia-based bank, whose fintech friendly strategy has gotten it in trouble with regulators. The bank's stock has sunk 70% this year.

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Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

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More sale-leasebacks predicted for banks after Atlantic Union deal

American Banker

Other banks likely will follow the lead of the Richmond, Virginia, company and tap the equity in their branch networks as alternative sources of capital grow more costly, experts say.

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Walgreens And Wing Team Up For Drone Delivery

PYMNTS

Wing is the first drone operator to be certified by the Federal Aviation Administration as an air carrier, and the drone delivery service will be available to eligible residents in Christiansburg, Virginia, starting in October. . Department of Transportation’s Integration Pilot Program, starting in 2016.

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Pinnacle Bankshares in southern Virginia to buy rival lender

American Banker

The company will pay $29 million for Virginia Bank Bankshares.