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Village Bank adds two employees

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Midlothian-based Village Bank has announced two new hires. Max Morehead has been named executive vice president of the commercial banking division. Jeff Raihall will work with Morehead’s team as vice president and relationship manager. 

Morehead most recently worked for First Citizens Bank, serving the Central Virginia market. Prior to First Citizens, Morehead spent more than 25 years at SunTrust/Crestar leading commercial banking teams in the market segments on which Village Bank is now focused.

Before joining Village Bank, Jeff Raihall was managing director at Arbor Associates Inc., a business valuation and mergers and acquisitions firm. He also spent a decade as assistant vice president in commercial lending at Central Fidelity Bank.

The positions are part of a company-wide initiative to grow its commercial banking division in 2014.

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