C&F Bank is offering a certificate of a deposit with a rate of return that goes up each time the William and Mary football team wins.
A new stat to track
C&F Bank
Local bank exits TARP program
C&F Bank has bought its way out from under the TARP.
Bank of Virginia grabs another rung
One local bank continued to climb its way out of the doldrums, according to ratings released this month, while another fell further.
Local bank pays back portion of TARP
U.S. Treasury still owns tens of millions worth of shares in many local banks.
The Herd: Hires and promotions for 5.26.10
Several event planners move to new firms. Plus hires in investment banking, banking and IT.
The Herd: New hires, promotions and departures for 4.7.10
One of our biggest Herds yet, with a departure in commercial real estate and new hires in banking, real estate and IT.
The Herd: New hires and promotions for 1.27.10
Another lawyer switches firms, and a handful of bankers get promotions. Plus, a new board appointment at a startup bank.
Local builder files for bankruptcy protection
Prospect Homes, a local homebuilder for more than 25 years, filed for Chapter 11 bankruptcy Tuesday. The company owes more than $50 million to hundreds of creditors. Many businesses listed as creditors were not surprised by the news, as checks had been late in arriving for at least six months. But several local business owners said they kept working with Prospect after Audi met with them, in part because they wanted future work and had known the company for decades.