Movement Mortgage CEO’s bank venture names new leader


Movement Bank, an online bank based in Danville, Virginia, named David Rupp as its new chief executive this week.

Rupp's new role is effective Jan. 1. He succeeds Tom Smith, who is retiring after 18 months leading Movement Bank.

Rupp has 30 years of experience in the finance industry. He most recently served as CEO at Raleigh-based Four Oaks Bank. Rupp also had ties to the former VantageSouth Bank, Raleigh-based Greystone Bank, Alabama-based Regions Financial Corp. (NYSE: RF), Charlotte-based…

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