C&F Bank

A new stat to track


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.

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 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.