News
Virginia bank eyes growth after ending feud with large borrower
6+ hour, 10+ min ago (1217+ words) Martinsville, Virginia-based Carter Bankshares, which recently ended a long-running feud with its largest borrower, is now eyeing North Carolina and South Carolina as it contemplates growth options." "In Virginia, we currently have a presence in most of the markets we…...
Deal propels Virginia's Burke & Herbert into Pennsylvania
4+ mon, 2+ week ago (494+ words) A Virginia bank that waited more than 170 years to make its first acquisition has just announced its second." The combined company would start with $11 billion in assets and $9. 1 billion of deposits. Burke & Herbert is projecting cost savings equal to 37. 5% of…...