WEST POINT, Va., May 21 /PRNewswire-FirstCall/ -- The board of directorsof C&F Financial Corporation (Nasdaq: CFFI), the one bank holding company forC&F Bank, has declared a regular cash dividend of 31 cents per share, which ispayable July 1, 2008 to shareholders of record on June 13, 2008.

C&F Bank operates 18 retail bank branches located throughout the Hamptonto Richmond corridor in Virginia and offers full investment services throughits subsidiary C&F Investment Services, Inc. C&F Mortgage Corporationprovides mortgage, title and appraisal services through 21 offices located inVirginia, Maryland, North Carolina, Delaware and New Jersey. C&F FinanceCompany provides automobile loans in Virginia, Tennessee, Maryland, NorthCarolina, Ohio, Kentucky and West Virginia through its offices in Richmond,Roanoke and Hampton, Virginia, in Nashville, Tennessee and in Towson,Maryland.

SOURCE C&F Financial Corporation