BRISTOL, Va. -- Charter Federal Savings Bank said it sold its Danville branch to Co-operative Savings Bank of Lynchburg resulting in a one-time pretax gain of $2.4 million.

The branch sale included $41.2 million in deposits and certain loans.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.