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Locally based Touchstone Bank now part of Strasburg’s First Bank - Richmond BizSense

Summary by Richmond BizSense
First Bank’s Richmond branch at 5601 Patterson Ave. First Bank has taken the next big step in its bid for a larger presence in the Richmond market. The Strasburg, Virginia-based bank on Tuesday finalized its acquisition of Touchstone Bank, a $662 million institution headquartered in Prince George. The deal brings First Bank to $2.1 billion in total assets and includes Touchstone’s 12 branches, seven of which are in the southern reaches of the Ri…
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