Commonwealth Bankshares, Inc.

Commonwealth Bankshares was founded in 1970 and is headquartered in Norfolk, Virginia. Commonwealth Bankshares, Inc. serves as a holding company for Bank of the Commonwealth (the Bank). The Bank operates four branches in Norfolk, six branches in Virginia Beach, four branches in Chesapeake, two branches in Portsmouth, one branch in Suffolk, one branch in Powells Point, North Carolina, one branch in Waves, North Carolina, one branch in Moyock, North Carolina and one branch in Kitty Hawk, North Carolina. The Bank conducts all of the business operations of a typical independent, commercial bank, including the acceptance of checking and savings deposits, and the initiating of commercial, real estate, personal, home improvement, automobile and other installment and term loans. The Bank also offers other related services, such as home banking, trust, travelers’ checks, safe deposit, lock box, depositor transfer, customer note payment, collections, notary public, escrow, drive-in facility and other customary banking services.
Contact Details
Office Address
Commonwealth Bankshares, Inc.
403 Boush Street
Norfolk, VA, USA 23510
Phone: (757) 446-6920
Fax: (757) 446-6911
Executives
Chief Exec. Officer
Mr. Edward J. Woodard Jr.
Chief Financial Officer
Ms. Cynthia A. Sabol
Chief Lending Officer
Mr. Simon Hounslow