Although Village Bank was hit with a consent order in February, its Midlothian-based holding company is now facing a written agreement of its own.
Federal Reserve
Fed’s Lacker expects rebound by 2010
The Richmond Federal Reserve bank’s President says that the economy has hit bottom and will start bouncing back later this year. Jeffery Lacker told state legislators that he was starting to see improved consumer spending and that existing home sales might just have a pulse after all. From the AP story: “If the emerging stability… Read more »