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08.16.2019 Firm News

Williams Mullen Representing C&F Financial Corporation in Acquisition of Peoples Bankshares, Inc.

On August 13, 2019, C&F Financial Corporation, the parent company of C&F Bank, announced plans to acquire Montross, Virginia-based Peoples Bankshares, Inc., and its subsidiary, Peoples Community Bank. The deal, which involves a combination of cash and stock valued at approximately $21 million, will add five branches and $194 million in total assets to C&F.

Williams Mullen attorneys Scott Richter, Lee Lester, Ben McCall, Nona Massengill, Marie Yascko-Rosado, Anna Derewenda, Conrad Garcia and Jim Giudice are representing C&F during the acquisition process. To read an article on the deal from Richmond BizSense, click here.