Virginia

First National has agreed to buy Touchstone Bankshares. The combined company would have more than $500 million each of deposits and loans.

Virginia National will set aside up to $950,000 to cover losses after ReliaMax, a firm that issues surety bonds for student loans, was placed into liquidation.

Rather than jump right away into lending to car buyers, Access National will start by offering CRE and M&A financing to dealerships.

Ocwen Financial Corp. received more breathing room on the legal front as the Securities and Exchange Commission is not pursuing an enforcement action against the company regarding its debt collection practices.

The office market in Arlington, Virginia has taken a big hit from cutbacks at the Department of Defense, but Goldman Sachs is making a sizable bet on a comeback.