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C&F Financial Corporation Announces New Financial Centers

WEST POINT, Va., March 04, 2019 (GLOBE NEWSWIRE) -- C&F Financial Corporation (CFFI), the one-bank holding company for C&F Bank, today announced plans for C&F Bank to open three new financial centers including two retail branches. The financial centers will be located in Williamsburg, Richmond, and Charlottesville, Virginia. 

The Williamsburg financial center, located in the heart of the New Town business district at 5208 Monticello Avenue, will offer a suite of services to include a commercial banking team, wealth management advisors, and mortgage services. This financial center will complement the Bank’s three retail branches already located in the Williamsburg area.

The Richmond financial center, located at 1001 Byrd Street, marks C&F’s entry into Richmond’s highly-visible downtown business district and will include the same services as the financial center in Williamsburg as well as a full-service retail branch, subject to standard regulatory approval.

Additionally, the Bank will expand its presence in Charlottesville with a financial center coming soon to 3920 Lenox Avenue near the popular Shops at Stonefield. This center will include a retail branch with standard conveniences such as an ATM and drive-thru as well as business banking, mortgage, and wealth management services.

“These financial centers will provide customers with a convenient and innovative one-stop-shop experience driven by the collaboration of C&F teammates from our diversified lines of business,” said Tom Cherry, President and CEO of C&F Financial Corporation.

The Bank also plans to consolidate its Bellgrade branch in Midlothian into a branch less than two miles away which offers expanded services including mortgage and wealth management.

"We are pleased to extend our network to offer customers more convenient locations to obtain sound financial advice and strategies. Each location will deliver a blend of financial expertise and new technology, combined with the traditional personal and caring service we have delivered for many years,” Mr. Cherry added.

About C&F Financial Corporation

C&F Bank operates 26 retail bank branches and three commercial loan offices located throughout the Hampton to Charlottesville corridor in Virginia and offers full investment services through its subsidiary C&F Wealth Management, Inc. C&F Mortgage Corporation provides mortgage loan origination services through offices located in Virginia, Maryland, North Carolina, South Carolina and West Virginia. C&F Finance Company provides automobile, marine and recreational vehicle loans through indirect lending programs offered in Alabama, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Minnesota, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Virginia and West Virginia through its offices in Richmond and Hampton, Virginia, and in Nashville, Tennessee.

Additional information regarding the Corporation’s products and services, as well as access to its filings with the Securities and Exchange Commission, are available on the Corporation’s website at http://www.cffc.com.

Jason Long, Chief Financial Officer

(804) 843-2360