Seth Feibelman News Today

The Northern Virginia-based bank is searching for real estate for its first wave of retail branches in the Richmond area, with an eye toward the West End and Midlothian.

Burke & Herbert, which is based in Alexandria and has been in operation since 1852, has joined a long list of banks planting their flags in Richmond, where the overall deposit market has grown 32% in just five years.

As part of a continued expansion beyond its home market, the $3 billion bank has lured over a group of seasoned Richmond bankers to grow its presence in the region.