Greater Washington’s largest locally based community banks are growing their loan portfolios, and that’s a good sign of an improving economy. David Danielson, managing director of Rockville-based Ambassador Financial Group, looked at seven quarters of…
Burke & Herbert Bank & Trust must develop new procedures to guard against money laundering under the terms of a consent agreement with the Federal Deposit Insurance Corporation.
Another player in the student-loan market is now offering
borrowers lower interest rates.
ALAN SUDERMAN Associated Press RICHMOND, Va. (AP) — Virginia Attorney General Mark Herring is suing some of the world’s largest banks for $1.15 billion in damages related to the housing market crash. Herring said at…
DANVILLE, Va. (AP) — Two Virginia-based banking companies have agreed to merge in a cash-and-stock-deal valued at more than $24 million. Danville-based American National Bankshares Inc. and Martinsville-based MainStreet Bankshares Inc. announced the merger Monday…
If you haven\’t been to a bank or credit union branch recently, you are not alone.
Customers using two Bank of America ATMs in Bethesda and Chevy Chase were robbed of their account numbers by skimmers — hidden electronics placed on the ATMs.
Credit and debit card purchases may not be as private as you think, according to a new report.
Banks based in the Washington area are coming off
profitable year ever, according to data released
Tuesday by the
Federal Deposit Insurance Corp.
It looks like Fairfax-based MainStreet Bank is in