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C&F Financial (CFFI) in West Point, Va., has repurchased all the shares it issued to the Treasury Department in 2009 and now just needs to buy back its warrant to exit the Troubled Asset Relief Program.
April 12
C&F Financial (CFFI) in West Point, Va., has snagged an executive from SunTrust Banks (STI) to lead its business in the state's capital.
The $977 million-asset parent of Citizens and Farmers Bank said Monday it has named Gail Letts president of its Richmond region.
Letts joins C&F from SunTrust, where she served since 2007 as president and CEO of the company's central Virginia region.
She earlier served as head of retail banking for SunTrust in the Washington, D.C., region after holding a series of posts over the course of 30 years with the company.
Larry Dillon, C&F's chief executive, said in a press release that Letts "brings a wealth of knowledge that will benefit so many areas of our company and I am extremely confident that Gail's knowledge of the Richmond market will greatly enhance our presence and ability to serve that market."
