Business Information
The group's principal activity is to provide commercial banking and other financial services to individuals and corporate customers. The group is a bank holding company, which owns all of the stock of its sole subsidiary, bank of commonwealth. The group provides commercial, residential and consumer loans and a variety of deposit products to its customers in Virginia. The group operates three branches in norfolk, four branches in Virginia beach, one branch in chesapeake and one branch in portsmouth. Other services include home banking, trust, travelers' checks, safe deposit, lock box, depositor transfer, customer note payment, collections, notary public, escrow, drive-in facility and other customary banking services. On 16-Jul-2004, the group acquired community home mortgage of Virginia inc.
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Name |
Title
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Email
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| E. Woodard | Chmn., CEO, Pres. | N/A | | George Burton | Pres. | N/A | | M. Jester | Pres. | N/A | | Deborah Coon | Senior Vice President, Chief Information Officer - | Available | | Robert White | Senior Vice President, Commercial Loan Officer - Business, Commercial Loans | N/A |
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Year |
Sales |
Net Income |
| 2006 | 57,975 | 10,092 | | 2005 | 38,181 | 6,634 | | 2004 | 25,024 | 3,101
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