Virginia National Bank

Broken condos: Barracks West complex sold short
Published on Oct 2nd, 2012
6 comments The condo-craze bubble is officially popped. Developer Hunter Craig was part of a team that paid $32 million in 2007 to turn student-apartment complex Old Salem into a condo-plex renamed Barracks...
Feud ends: Giles cashes as VNB heads for buying spree
Published on May 22nd, 2012
3 comments If anyone were expecting fireworks or fisticuffs at the annual meeting of Virginia National Bank Monday night, they were shown less a feud than a roadmap to riches, as bank leaders said they've been...
Bank battle: VNB titan wants back in (and Craig out)
Published on May 15th, 2012
7 comments Just days before the annual shareholders meeting, former Virginia National Bank chairman Mark Giles, whose Christmas-time resignation led a wave of defections from the board of directors, has fired a...
Not immune: VNB corporate profit falls 42 percent
Published on Jan 30th, 2012
1 comments Virginia National Bank, long seen as one of the bulwarks of the local financial services industry, saw its net income fall 42 percent last year, according to an earnings report released Friday....
Bank feud: Chairman Giles quits VNB with other directors
Published on Dec 23rd, 2011
43 comments A feud over corporate governance compounded an already painful December for a major Central Virginia financial institution. Virginia National Bank has experienced a leadership shake-up that has seen...
Quiet switcheroo: VNB chief Giles leaves presidency.... in November
Published on Jun 28th, 2007
0 comments   Virginia National Bank Chairman Mark Giles drops his CEO title to focus on the bigger banking picture. PHOTO COURTESY VNB   Virginia National Bank's founding CEO and chairman of the board...