Community Banking & Financing Institutions

Download the FOCUS white paper “The Future of Community Banking”

The Future of Community Banking

Recently, First Virginia Community Bank announced the acquisition of 1st Commonwealth Bank, a small de novo bank started in 2009. The transaction is┬ápending regulatory approval and will be treated as stock-for-stock with value to book at about 97 percent. Why is this typical of the future? Over the next three to five years, this type… Read more »