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Bank of Virginia finds investors
A local bank company has a new investor. Midlothian-based Bank of Virginia has found a partner that will strengthen its balance sheet and help meet conditions set forth by regulators in January. Cordia...
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The waiting game
Editors note: The intro text in the morning email blast for this story was incorrect. BizSense mistakenly posted the text from an old Bank of Virginia story from early October. The following is the...
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Bank deal finally closes
Bank of Virginia finally got the cash it’s been waiting for. The Midlothian-based bank announced Monday the closing of a deal through which it gave up majority ownership to a group of Virginia...
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Bank of Virginia realigns
The new regime at Bank of Virginia isn’t wasting any time in trimming a bit of fat. The Midlothian-based bank said in its 2010 year-end report, which was released Monday, that it will cut 10 to 15...
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Trading Day: Inside SEC filings for 7.14.11
Apple REIT Ten The newest of the Apple REITs said it has entered into contracts for the purchase of two hotels for a combined $29.65 million. Apple REIT is looking to buy two Hilton Garden Inns for...
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The Herd: New hires, promotions and departures for 7.19.11
Departures Nancy Corsiglia will leave her position as executive vice president and chief financial officer at Bank of Virginia next month. Corsiglia will remain executive vice president of Cordia...
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