Former Virginia Banker Indicted for Alleged Embezzlement

A former chief financial officer at Bank of McKenney in McKenney, Va., has been indicted on two counts of embezzlement.

The indictment against James Bryant Neville Jr. was delivered by a grand jury in Dinwiddie County last month. Neville allegedly embezzled nearly $100,000 from August 2009 to July 2013, Deputy Commonwealth Attorney Meghan Campbell said in an interview.

The $216 million Bank of McKenney, which discovered the alleged activity, said in a press release Friday that it reported the matter to federal and state authorities.

Bank of McKenney said in its release that no customer account was affected and that all funds taken, including the cost of hiring outside firms to determine the scope of the loss, have been paid in full. The company declined to comment further.

No trial date has been set, but court will reconvene May 27 to proceed with Neville's prosecution, Campbell said.

A woman who identified herself Neville's wife when reached at his home in DeWitt, Va., said they would not comment.

Bank of McKenney's current CFO, Philip Cardwell, joined the bank in May 2014.

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