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Surry follows BB&T, First Virginia merger with interest.
Byline: Patrick Lynch
SURRY, Va. _ Through the merger-happy 1990s, Surry remained a two-bank town. But BB&T's move Tuesday to acquire First Virginia Bank is threatening that.
From BB&T's parking lot, the First Virginia branch is a mere 100 yards away _ a football field's distance separating the only two banks in the town and this county of 6,800. How long they both will last is a matter of deep apprehension in Surry. BB&T officials already have said 120 branches would close if its $3.38 billion merger with First Virginia wraps up as expected in September.
"You know one will close," said B.A. Seward, a farmer and landowner in the county, voicing the …
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- Chief of BB&T West Virginia Operations Gives Up Title to Fulfill Merger Terms.
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News wire article from: The Charleston Gazette (Charleston, WV)
June 6, 2002
700+ words
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- BB&T to Divest First Virginia Branches in 3 Norfolk, Va.-Area Communities.
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News wire article from: Knight Ridder/Tribune Business News
May 10, 2003
700+ words
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- Banks Buying Branches in Divestiture Before First Virginia Banks-BB&T Merger.
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News wire article from: Richmond Times-Dispatch (Richmond, VA)
June 14, 2003
700+ words
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- Winston-Salem, N.C.-Based BB&T Says First Virginia Banks Purchase Drops Profit.
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News wire article from: Winston-Salem Journal
July 15, 2003
700+ words
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- Charleston, W. Va, lands BB&T jobs from Virginia.
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News wire article from: The Charleston Gazette (Charleston, WV)
November 8, 2005
700+ words
