TITLE

Hampton Roads in Virginia to Close Seven Branches

AUTHOR(S)
Cumming, Chris
PUB. DATE
March 2013
SOURCE
American Banker;3/28/2013, Vol. 178 Issue 48, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports Hampton Roads Bancshares will close a total of seven of its branches in Virginia and North Carolina in June and July 2013. The article notes the closings are part of the company's retail banking strategy. It also notes the company which owns Shore Bank and the Bank of Hampton Roads lost $25.1 million in 2012. A press release from chief executive officer Douglas Glenn is noted.
ACCESSION #
86435668

 

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