About Farmers Bank Virginia
Farmers Bank Virginia is a company based in Chesapeake (United States) founded in 1919 was acquired by TowneBank in August 2022.. Farmers Bank Virginia operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Chesapeake, United States
- Stage Public
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Sectors
Financial Services
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Phone
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Website
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Social
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Funding Insights of Farmers Bank Virginia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Farmers Bank Virginia
Farmers Bank Virginia has secured backing from 1 investor. Prominent investors backing the company include TowneBank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are provided to businesses and individuals.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Farmers Bank Virginia
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Farmers Bank Virginia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Farmers Bank Virginia Comparisons
Competitors of Farmers Bank Virginia
Farmers Bank Virginia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Wealth advisory and banking services are offered to clients.
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Commercial bank
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Commercial banking services are provided to businesses and individuals.
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Global banking, investment, and wealth management services are offered worldwide.
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Commercial bank
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Commercial banking and wealth management services are offered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Farmers Bank Virginia
Frequently Asked Questions about Farmers Bank Virginia
When was Farmers Bank Virginia founded?
Farmers Bank Virginia was founded in 1919.
Where is Farmers Bank Virginia located?
Farmers Bank Virginia is headquartered in Chesapeake, United States. It is registered at Chesapeake, Virginia, United States.
Who is the current CEO of Farmers Bank Virginia?
Dick Holland is the current CEO of Farmers Bank Virginia.
What does Farmers Bank Virginia do?
Farmers Bank Virginia was established in 1919 as a commercial bank headquartered in Chesapeake, Virginia. Operations focus on providing standard banking services, including deposits, loans, and financial products to businesses and individuals. The institution serves the local region within the United States, with leadership under Chairman and CEO Dick Holland. Core activities remain centered on community-oriented commercial banking without broader national expansion.
Who are the top competitors of Farmers Bank Virginia?
Who are Farmers Bank Virginia's investors?
Farmers Bank Virginia has 1 investor. Key investors include TowneBank.