MIDLOTHIAN, Va., Aug. 15, 2013 (GLOBE NEWSWIRE) -- Cordia Bancorp Inc. (the "Company") (Nasdaq:BVA), parent of Bank of Virginia (the "Bank"), announced today that the Federal Reserve Bank of Richmond and Virginia Bureau of Financial Institutions have terminated their Written Agreement with the Bank entered into in January 2010. At the end of 2010, Cordia assumed control of the Bank to pursue a strategy of improving the Bank's management and performance and to establish a foundation for organic and strategic growth centered on the Richmond, VA market.
Cordia Bancorp Announces Lifting Of Bank Of Virginia Regulatory Agreement
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