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C&F Financial Corporation Expands Operations in Virginia Market

C&F Financial Corporation Expands Operations in Virginia Market

C&F Financial Corporation Expands Operations in Virginia Market

In an exciting development, C&F Financial Corporation (NASDAQ: CFFI), the parent company of C&F Bank, has announced a strategic expansion of its commercial banking services in Southwest Virginia. This move is designed to enhance their presence and serve crucial markets, bringing banking solutions to customers in cities such as Roanoke, Lynchburg, Danville, Martinsville, and Blacksburg.

Leadership Steering the Expansion

The expansion will be spearheaded by Matt Hubbard, who has taken on the role of Southwest Virginia Regional President. With a solid background in commercial banking accumulated over 15 years, including recent experience at Atlantic Union Bank, Matt is well-equipped to lead the charge. His familiarity with the market and dedication to community service reflect the values that C&F upholds. An alumnus of Radford University and the William & Mary Mason School of Business, he has a strong academic foundation to support his professional journey.

Introducing New Banking Professionals

Joining Matt are two highly experienced banking professionals who will contribute significantly to the team:

  • Sally Siveroni, who has served as Commercial Credit Officer, has been in the banking sector since 1986 and held the position of Regional Credit Officer at Atlantic Union Bank. Her extensive experience ensures robust credit evaluation processes and financial health for clients. She is also a graduate of James Madison University.
  • James Little, as the Commercial Banking Relationship Manager, brings 17 years of diverse experience in retail and commercial banking. He is committed to community initiatives, reflecting the corporate social responsibility ethos of C&F. James also graduated from James Madison University and is an alumnus of the VBA Bank School.

“We are thrilled to welcome this talented trio to the C&F family,” expressed Tom Cherry, the President and CEO of C&F Bank. “Their combined expertise and community relationships will boost our strategic growth in this promising region where we already maintain strong customer connections.”

Firmly Positioned for Growth

The recent expansion marks a pivotal moment for C&F, establishing it as a prominent community bank across the Commonwealth of Virginia. Their ability to venture confidently into new markets has been a testament to their strategic planning and competitive strength.

Comprehensive Banking Services

C&F Bank operates 31 branches and five commercial loan offices statewide, providing versatile banking services. The spectrum includes wealth management through C&F Wealth Management, Inc. For home financing needs, C&F Mortgage Corporation and its subsidiary C&F Select LLC cater to prospective homeowners across Virginia and surrounding states. Additionally, the C&F Finance Company specializes in automobile, marine, and recreational vehicle financing, contributing to their extensive service portfolio that spans the Mid-Atlantic, Midwest, and Southern region of the United States.

Learn More About C&F Financial Corporation

For more insight into the corporation's offerings and to access important regulatory filings, interested parties are encouraged to visit their official website. You can find comprehensive information on products and services that C&F provides.

Contact Information

For inquiries, please reach out to:

Jason Long, CFO and Secretary

Phone: (804) 843-2360

Frequently Asked Questions

What markets is C&F expanding into?

C&F is expanding into key markets in Southwest Virginia including Roanoke, Lynchburg, Danville, Martinsville, and Blacksburg.

Who is leading the expansion team?

The expansion is led by Matt Hubbard, who serves as the Southwest Virginia Regional President.

What experience do the new team members have?

Sally Siveroni brings extensive banking experience since 1986, while James Little has 17 years of experience in retail and commercial banking.

How many branches does C&F Bank have?

C&F Bank operates 31 banking offices across Virginia.

What services does C&F offer?

C&F provides a variety of banking services including commercial banking, wealth management, and mortgage loan origination.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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