December 10, 2008

Area bank wants bailout funds  12/10/08 12:01 AM

Eastern Virginia Bankshares has received preliminary approval to receive $24 million from the Treasury Department’s Troubled Assets Relief Program. The Tappahannock-based bank holding company is one 36 state-chartered banks that have applied for TARP funds totaling $705.9 million, according to the State Corporation Commission’s Bureau of Financial Institutions.

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