Reposition
Danville, Virginia
Virginia Bank & Trust was started on October 21, 1935 as Virginia Industrial Loan Corporation. Located at 322 Main Street in Danville, the goal of the Loan Corporation was to help support local businesses during the Great Depression. After ten years, Virginia Industrial Loan Corporation decided to expand its services and applied to The State Corporation Commission of Virginia for permission to convert to a bank. On November 24, 1945, Virginia Bank & Trust Company opened for its first day of business.
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...
President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...
