Buying your first car or home? Refinancing or retiring? Lafayette Federal Credit Union will be your financial partner for all of these milestones.
Since 1935, Lafayette Federal has been catering to families and businesses worldwide, offering a wide range of financial products and services that prove the difference between a community-oriented credit union and a traditional multi-branch bank.
The California Tortilla location in Crystal City location has closed.
The locally-based Mexican fast casual chain opened the location at 2450 Crystal Drive in 2012. It apparently closed this week.
County Backtracks on Uber Story — Arlington County is in the early stages of considering a plan to replace low-ridership ART service with some sort of partnership with ridesharing services, like Uber. However, the county is backtracking on an official’s statement that the service would be subsidized. “A recent press account quoted a County staff person as saying, incorrectly, that we will be subsidizing this service,” said County Manager Mark Schwartz. “No such decision has been made at this preliminary stage of analysis.” [Arlington County]
Advisory Group: Change Name of Jeff Davis Highway — An advisory group appointed by the City of Alexandria has recommended changing the name of Jefferson Davis Highway. Alexandria’s “Ad Hoc Advisory Group on Confederate Memorials and Street Names” says the Confederate president’s name should be removed from Route 1 in the city. [Patch]
The Bank of Georgetown branch at 2300 Wilson Blvd in Courthouse has closed permanently.
The branch closed Friday afternoon, as the $269 million acquisition of Bank of Georgetown by competitor United Bank was completed. It is being “consolidated” into the United Bank branch at 2930 Wilson Blvd in Clarendon.
District Taco Featured on CNBC — The amazing success story of District Taco and co-founder Osiris Hoil was featured on CNBC yesterday. [CNBC]
District Taco Gets New Neighbor — The new District Taco in Rosslyn will soon have a new neighbor at 1500 Wilson Blvd. A Wells Fargo bank is “coming soon” to a next-door ground floor retail space. There is an existing Wells Fargo branch down the street at 1300 Wilson Blvd. A branch in Courthouse recently closed. A bank spokeswoman did not respond to a request for comment. [Twitter]
Sometime between Saturday night and Sunday morning, someone entered the United Bank in Arlington’s Williamsburg neighborhood through a hole in the wall, but nothing was stolen.
Police are investigating the break-in, in the Williamsburg Shopping Center. Investigators say the suspect was able to gain entry to a room behind the bank’s ATM, but not the main lobby of the bank. The hole was in a wall in a walkway between the bank and a barber shop, we’re told.
The incident happened just after noon Sunday at the PNC Bank at 2601 Clarendon Blvd.
Police say 27-year-old Uchenna Eze threw a rock at the bank “in an attempt to steal money.” He was arrested, charged with attempted burglary and held without bond.
First Day of Fall — Today marks the autumnal equinox and the first day of astronomical fall in the Northern Hemisphere. We’re losing about two-and-a-half minutes of daylight per day, as the sun rises later and sets earlier. [Capital Weather Gang]
Arlington Unveils New Mobile Visitors Center — Arlington County, which generates about $81 million per year in tourism-related tax revenue, has unveiled a new mobile visitor center. The “Stay Arlington” branded cargo van will provide visitor information and services, primarily from parking spots near five Arlington Metro stations, but also at large events like the Marine Corps Marathon. [Arlington County]
(Updated at 10:45 a.m.) A car slammed into the side of an Arlington bank on Saturday.
The incident happened before noon at the BB&T Bank (1100 S. Walter Reed Drive) near Columbia Pike.
‘Pups and Pilsners’ Photo Contest — Want to sample some brews and make your pet famous? Head on over to Crystal City’s Pups and Pilsners event from 2:00 to 6:00 p.m. on Sunday, snap a photo of your pooch and tweet it to us and our sponsors, @CCBID and @BeckysPetCare. Pups and Pilsners is a free dog-friendly event featuring a massive beer garden and food from local restaurants. [Crystal City BID]
Planners: Bank Shortchanges Courthouse — The office building slated to replace the Wendy’s in Courthouse will have a Wells Fargo bank prominently located on the ground floor, and Arlington planners don’t like it. County staff says the bank use is “not appropriate” and should be at least moved so that a more active retail use can occupy half of the plaza area. Developer Carr Properties says the bank must stay, since Wells Fargo owns the land under the existing bank that will be torn down for the project. [Washington Business Journal]
(Updated at 4:30 p.m.) A space that sat vacant for years near the Ballston Metro station is about to get a new tenant.
According to permits filed with the county, Bank of America plans to open a branch in the former Ruby Tuesday space. The new bank will occupy one of the first floor commercial spaces in the building at 901 N. Stuart Street, just feet away from an existing Presidential Bank.
Independent’s Day is a weekly opinion column by published on Wednesdays. The views and opinions expressed in the column are those of the author and do not necessarily reflect the views of ARLnow.com.
Today, the Washington Business Journal reported that Arlington-based Virginia Commerce Bank (VCB) is beingn sold to Charleston, W.Va.-based United Bankshares. At about $3 billion in assets, VCB is tiny. Compared to the largest banks — like JP Morgan Chase & Co. with over $2 trillion in assets — it is infinitesimal. So why does it matter? It matters because the small banks have done the majority of the business lending in our communities for a very long time. As banks consolidate, some of that power of personal, relationship lending disappears.
