Michael Schwartz

1 week ago | richmondbizsense.com | Michael Schwartz

Residents of a secluded stretch of the Henrico riverfront are in a $2 million legal battle with railroad giant CSX. At issue is the upkeep – or in this case, an alleged lack thereof – of the Kanawha Canal Bridge, a small crossing that’s the only way in and out of the island neighborhood for the few prominent Richmond families who live there. The dispute came to light in a lawsuit filed in mid-February by Bradford Sauer, Meade Spotts, Thomas and Ann Gottwald and others.

3 weeks ago | ourcommunitynow.com | Michael Schwartz

Share Not to be outdone by Tuesday’s closure of Atlantic Union Bank’s major acquisition in Northern Virginia, TowneBank finalized a sizable Richmond-area deal of its own on the same day. The Hampton Roads-based bank announced the completion of its acquisition of Midlothian’s Village Bank, in a deal that doubles Towne’s local branch footprint.

3 weeks ago | richmondbizsense.com | Michael Schwartz

Not to be outdone by Tuesday’s closure of Atlantic Union Bank’s major acquisition in Northern Virginia, TowneBank finalized a sizable Richmond-area deal of its own on the same day. The Hampton Roads-based bank announced the completion of its acquisition of Midlothian’s Village Bank, in a deal that doubles Towne’s local branch footprint.

3 weeks ago | ourcommunitynow.com | Michael Schwartz

Share April Fool’s Day was all business for Atlantic Union Bank, as it completed its leap to become a nearly $40 billion regional banking powerhouse. The Richmond-based company on Tuesday completed its acquisition of Maryland peer Sandy Spring Bank in an all-stock deal valued at $1.3 billion. Adding Sandy Spring’s $14 billion in assets to AUB’s $25 billion, the resulting institution now has approximately $39 billion in total assets.

3 weeks ago | richmondbizsense.com | Michael Schwartz

April Fool’s Day was all business for Atlantic Union Bank, as it completed its leap to become a nearly $40 billion regional banking powerhouse. The Richmond-based company on Tuesday completed its acquisition of Maryland peer Sandy Spring Bank in an all-stock deal valued at $1.3 billion. Adding Sandy Spring’s $14 billion in assets to AUB’s $25 billion, the resulting institution now has approximately $39 billion in total assets.