article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Virginia 109
article thumbnail

Pinnacle Bankshares in southern Virginia to buy rival lender

American Banker

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

article thumbnail

Banks on Sale

Jeff For Banks

Still community banks, and have decent trading volume for more efficient pricing. At the other end of the spectrum, Community Bancshares in McArthur, Ohio GAINED 8%! billion in assets MainStreet Bancshares in Fairfax, Virginia announced a provision of $350 thousand, down from $358 thousand the quarter prior. Then Covid-19.