Sunday, April 14, 2024

Chesapeake Bank Opens a NEW Loan Office in Newport News…and NEW Website!

Chesapeake Bank, one of the area’s top ranked community banks, has opened a new loan production office in City Center at Oyster Point to help service the Newport News and lower Peninsula surrounding areas. This new office celebrated with an official grand opening ribbon cutting on September 5th.

Chesapeake Bank currently operates in the Northern Neck, Williamsburg, Richmond, Chesterfield and the Middle Peninsula regions – with specialty lines of business in payment systems and merchant services, asset-based lending financing, and wealth management expertise.

“We are excited to have a presence in Newport News. We already have a number of client relationships on the lower Peninsula and look forward to expanding those and adding new ones,” stated Leigh Houghland, SVP Regional Executive and Senior Lending Officer of Chesapeake Bank. “As Chesapeake Bank has done in other markets, we expect to have success here because we become firmly involved in the community and offer fast and responsive support to our business partners.”

The new Newport News-based loan office with be open from 9am to 5pm Monday-Friday and by appointment. The office address is 11820 Fountain Way and will be located in Suite 404.

The new loan office will be led by Kasey Molloy, VP Commercial Loan Officer; Steven Callis, VP Commercial Loan Officer; Norman Watters, VP & Wealth Financial Advisor, Chesapeake Wealth Management; and Felicia Stovall, SVP & Head of Administration, Trust Officer, Chesapeake Wealth Management.

And ICYMI… is now!

 Learn more on why Chesapeake Bank made the switch here, but in the meantime, see it for yourself…

About Chesapeake Bank

Chesapeake Bank, founded in 1900, is a subsidiary of Chesapeake Financials Shares (CFS: CPKF), headquartered in the Northern Neck, also serving Richmond, Williamsburg, the Middle Peninsula, Newport News, and Chesterfield regions. The company also offers credit processing and ABL financing. Named by American Banker as one of the Top 200 Community Banks and a Best Bank to Work For, employing 280+. Visit

Chesapeake Wealth Management

A wholly-owned subsidiary of Chesapeake Financial Shares, Inc., Chesapeake Wealth Management is part of a 123-year tradition of excellence in comprehensive financial services. Chesapeake Wealth Management is celebrating their 50th year in business and serves Williamsburg, the Northern Neck, the Middle Peninsula, Chesterfield and Richmond.

For more information, please call 888-653-9088 or visit

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