Danville’s First State Bank Sold

6/28/17

By Denice Thibodeau, GoDanriver

After 98 years as a locally-owned bank — the last remaining black-owned bank in Virginia — First State Bank has changed hands.

Casey Crawford, CEO of Movement Mortgage in Charlotte, North Carolina, is now the majority shareholder of First State Bank, according to Adam O’Daniel, a spokesperson for Crawford.

O’Daniel stressed the purchase was not made by Movement Mortgage but by Crawford.

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