Village Bank and Trust Financial Corp.

As of April 1, 2025, Village Bank and Trust Financial Corp. was acquired by TowneBank. Village Bank and Trust Financial Corp. primarily operates as the bank holding company for Village Bank that provides banking and related financial services to small and medium sized businesses, professionals, and individuals in the United States. The company operates through two segments: Traditional Commercial Banking and Mortgage Banking. It offers a range of deposit services, such as checking, savings, and other time deposits of various types, as well as money market and individual retirement accounts, and certificates of deposit. The company also provides lending services, including funding working capital, inventory, and receivables; business expansion, and acquisition of real estate and improvements; purchase of equipment and machinery; small business administration and state sponsored business loans; loans for the purposes of acquiring, developing, constructing, and owning commercial real estate; secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and involved in loan participations and loan purchases. In addition, it offers internet and mobile banking, and remote deposit capture services for business clients. The company was founded in 1999 and is headquartered in Midlothian, Virginia.