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First Community Bank in $113M Acquisition

Banking Exchange

The deal will add approximately $500 million in assets to the Virginia-based company Management Feature M&A Feature3 Community Banking.

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Virginia community banks merge, Michigan credit union acquires bank

American Banker

National Bankshares in Virginia agrees to acquire in-state peer, Advia Credit Union in Kalamazoo strikes deal with Illinois bank, EBANX's annual Beyond Borders study launches and more in the weekly banking news roundup.

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Virginia Community Bank Eyes Listing

Banking Exchange

John Marshall Bank has reported record earnings for nine quarters in a row Feature Feature3 Community Banking.

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Why community banks should partner with fintechs

Independent Banker

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Those conversations, he says, centered around whether community banks could compete against this brash group of newcomers. Photo by Pogonici/iStock. Quick Stat.

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How Atlantic Union plans to fill a gap in Virginia's banking market

American Banker

Mergers have left Virginia without an independent statewide financial institution. Atlantic Union CEO John Asbury is trying to change that.

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M&A News: TowneBank expands in Virginia

ABA Community Banking

TowneBank in Suffolk, Virginia, has agreed to buy Farmers Bankshares in Windsor, Virginia. The post M&A News: TowneBank expands in Virginia appeared first on ABA Banking Journal. billion-asset TowneBank said in a press release Thursday that it will pay $56 million in stock for the $609 million-asset Farmers.

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West Virginia governor spars with bank over $300M debt

American Banker

Carter Bankshares in Martinsville, Virginia, is attempting to exit a longstanding relationship with West Virginia Gov. Jim Justice through a seldom-used collections tool that was at the center of a court hearing this week.