Central Virginia Bankshares Inc.

Description

Central Virginia Bankshares, Inc. operates as the bank holding company for Central Virginia Bank that provides community banking services to individuals and corporate customers in Virginia. Its deposit products primarily include checking accounts, savings accounts, money market accounts, and individual retirement accounts, as well as certificates of deposits and line of credit sweep accounts. The companys loan portfolio comprises home equity, personal, and consumer loans; and business loans, such as acquisition and development, equipment, vehicle, working capital, and business acquisition loans, as well as lines of credit and letters of credit. It also offers investment and insurance products and services, including financial planning, mutual funds, tax deferred annuities, stocks and bonds, life insurance, long-term care insurance, unit investment trusts, money market funds, and retirement accounts; merchant services; remote deposit capture services; concentration services, which consist of cashiers checks, wire transfer, safe deposit boxes, savings bonds, and notary services; and convenience services. In addition, the company provides online, mobile, and telephone banking services; and debit and credit cards. As of October 1, 2013, it operated 18 branch locations in the counties of Middlesex, James City, New Kent, Hanover, Henrico, and Goochland, as well as the town of West Point; and the cities of Williamsburg, Newport News, Hampton, and Richmond in the eastern region of Virginia. The company was founded in 1927 and is headquartered in Powhatan, Virginia. Central Virginia Bankshares Inc. is a subsidiary of C&F Financial Corporation.

Tags:

Loans and Financial, Banking, Banking Insurance, Corporate and Investment Banking Services, Individual Banking, Investment Banking and Financial Services Company, Bank Capital, Business Loans, Investment Loans, Bank Stock Loans, Banking Markets, Personal Loans, Market Loans