Hampton Roads Bankshares, the financial holding company of Bank of Hampton Roads and Shore Bank has named Steven Belote as the bank’s new President and Chief Executive Officer.
He was the past CFO and SVP of Shore Financial Corporation, which was acquired by Hampton Roads Bankshares in May 2008. After the acquisition, he continued to serve as the CFO of Shore Bank.
Hampton Roads Bankshares, is a financial holding company headquartered in Norfolk, Virginia. The company’s primary subsidiaries are bank of Hampton Roads, and Shore Bank. The Banks engage in general community and commercial banking business, targeting the needs of individuals and small to medium-sized businesses. They also offer mortgage banking services, insurance, title insurance and investment products.
