UKROP'S SET TO OPEN FIRST STAND-ALONE BANK BRANCH

RICHMOND, Va. -- First Market Bank, the recently formed in-store bank jointly owned by Ukrop's Super Markets here and National Commerce Bancorp., Memphis, Tenn., is revamping its business plan to include stand-alone branches outside the supermarket.The first branch will open March 9, located close to one of Ukrop's 25 stores. Another five stand-alone bank branches are planned by mid-year, all in the

RICHMOND, Va. -- First Market Bank, the recently formed in-store bank jointly owned by Ukrop's Super Markets here and National Commerce Bancorp., Memphis, Tenn., is revamping its business plan to include stand-alone branches outside the supermarket.

The first branch will open March 9, located close to one of Ukrop's 25 stores. Another five stand-alone bank branches are planned by mid-year, all in the Richmond area.

This strategy marks the first time a U.S. supermarket chain ha

Register to view the full article