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Richmonder returns to lead former Consolidated Bank

8/25/2015, 4:15 p.m.
Darryl R. “Rick” Winston is once again leading the former Consolidated Bank. The 60-year-old Richmond native has been named regional …

Darryl R. “Rick” Winston is once again leading the former Consolidated Bank.

The 60-year-old Richmond native has been named regional president of the Consolidated Division of West Virginia-based Premier Bank.

Mr. Winston is now in charge of overseeing the two branches in the division, one in Jackson Ward and the other in Hampton. The two branches represent the remnants of what once was Consolidated Bank & Trust Co., the bank that famed Richmonder Maggie L. Walker founded in 1903 and led until her death in 1934.

Consolidated was sold more than a decade ago to a Washington bank that later merged into Premier during the Great Recession.

Mr. Winston, who has 20 years of banking experience, worked in a variety of positions with Consolidated when it was still an independent bank. He began in 1992, rising to serve as president and chief operating officer from 1997 to 2000. At the time of his resignation, bank regulators were issuing critical reports to the bank’s board about lending practices in the wake of several failed loans.

He went on to manage Metro-County Bank’s first Richmond branch. The branch later closed after Metro-County became part of Southern Financial Bank and later merged into other banks.

Mr. Winston most recently was on the staff of Richmond-based Johnson Inc., a marketing, public relations and consulting firm. He spent the past four years involved with monitoring minority participation in the construction of four new schools in Richmond.

He earned his bachelor’s degree at the University of Virginia and his master’s in business administration from Virginia Commonwealth University. — JEREMY M. LAZARUS