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Phone: +1 757 595-7020 |
Address:
737 J Clyde Morris Boulevard
NEWPORT NEWS, VIRGINIA 23601 |
Company Description
Atlantic Financial Corp is a multi bank holding company. The company through its subsidiaries provides banking services to individuals and small to medium sized businesses. The subsidiaries of the company, The Bank of Franklin (BOF) and The Bank of Sussex and Surry (BSS) merged under the name United Community Bank in 1999. The company's subsidiaries are Peninsula Trust Bank (PTB) and United Community Bank (UCB). Peninsula Trust Bank offers variety of loan and deposit services, personal lines of credit, equity lines, credit cards and merchant accounts. United Community Bank offers financial services, mainly for individuals and small and medium size businesses. The services include commercial, demand, savings, time deposit accounts, ATM services, sales of US savings bonds, collection items and official checks. Till date the company incurred $200,000 towards year 2000 expenses. Interest and fees on loans accounted for 70% of 1999 revenues; other interest income, 23% and non-interest income, 7%.
Key People
| Chairman | J.A. LOMBARD, JR. |
| President & Chief Executive Officer | W.J. FARINHOLT |
| Vice Chairman & Chief Operating Officer | W.O. PEARCE |
| Exec VP, Chief Financial & Secretary | K.E. SMITH |
Related Business Topics
Breaking News
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BBC - 2 hours ago
Bermuda, a densely-populated British overseas territory in the western Atlantic Ocean, has one of the world's most prosperous economies. This wealth is largely down to the islands' offshore finance industry; more than 13,000 international companies have ...
Reuters - 7 hours ago
LONDON, Nov 25 (Reuters) - Britain's FTSE 100 .FTSE is seen opening 27-28 points higher on Wednesday as raised U.S. growth forecasts lifted investor sentiment prompting a late recovery on Wall Street and gains in Asia. The UK blue-chip index is seen ...
Forbes.com - 9 hours ago
LONDON, Nov 25 (Reuters) - European shares were seen rising on Wednesday after Wall Street trimmed its losses and Asian shares rose overnight after the Federal Reserve raised United States growth forecasts for 2010. Financial bookmakers expected ...
Forbes.com - November 24, 2009 7:49 AM
Washington, November 24 - US home prices as measured by the Federal Housing Finance Agency (FHFA) were unchanged in September after falling a revised 0.5% in August while prices rose 0.2% in the third quarter, the first quarterly increase since Q2 2007. ...
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