Trustar Bank to Acquire Forbright Bank Branches in Potomac, North Bethesda, and McLean, Virginia

HomeTrust Bancshares to Acquire Blue Ridge Bankshares in $448.1M All-Stock Merger

August 17, 2026

Financial Services

HomeTrust Bancshares, Inc. will acquire Blue Ridge Bankshares, Inc. in an all-stock transaction valued at approximately $448.1 million. Under the definitive merger agreement, Blue Ridge shareholders will receive 0.086 shares of HomeTrust common stock for each Blue Ridge share, and the deal is expected to close in the first quarter of 2027, subject to regulatory and shareholder approvals.

Community Financial System Agrees to Acquire ClearPoint Federal Bank & Trust for $40 Million

January 16, 2026

Financial Services

Community Financial System (through its wholly owned banking subsidiary Community Bank, N.A.) has entered into an agreement to acquire ClearPoint Federal Bank & Trust in an all-cash transaction valued at $40 million. The deal is expected to expand Community Financial’s wealth management capabilities (via Nottingham Financial Group) and add more recurring, fee-based revenue tied to ClearPoint’s trust administration business in the death care industry.

National Bankshares to Acquire Frontier Community Bank in $17.1 Million Deal

January 25, 2024

Financial Services

National Bankshares and Frontier Community Bank entered into a definitive merger agreement under which National Bankshares will buy Frontier for about $17.1 million. The deal is expected to close in the second quarter of 2024, with Frontier merging into The National Bank of Blacksburg, National Bankshares’ wholly owned subsidiary.

United Bankshares Acquires Community Bankers Trust Corporation (Essex Bank)

December 3, 2021

Financial Services

United Bankshares, Inc. completed its acquisition of Community Bankers Trust Corporation, the parent company of Essex Bank, adding an organization with approximately $1.7 billion in assets and headquarters in the greater Richmond, Virginia region. The deal expands United’s Mid‑Atlantic footprint into additional Virginia and Maryland markets; former Community Bankers Trust President and CEO Rex L. Smith III was retained as a Regional President for the former Essex Bank locations.

Trustar Bank Acquires Granite Mortgage, LLC

November 4, 2020

Financial Services

Trustar Bank has acquired Fairfax-based Granite Mortgage, LLC, making Granite a wholly owned subsidiary to enable the bank to launch a full-service residential mortgage business line. The deal expands Trustar's product offerings — including portfolio, jumbo and construction-to-perm loans — and aims to broaden lending across new states and the DC/MD/VA market.

TruSecure and Betrusted Merge to Form Cybertrust

September 20, 2004

Cybersecurity

Information security firms TruSecure and Betrusted have merged to form a new company called Cybertrust, headquartered in Herndon, Virginia. The combined business will offer risk-management consulting, managed security services and security software, employ about 1,000 people globally with roughly $160 million in annual revenue, and will be led by TruSecure CEO John Becker. Betrusted had been a wholly owned subsidiary of Bank One’s One Equity Partners; details of the transaction were not disclosed.