MCKENNEY, Va., May 11, 2016 /PRNewswire/ -- Bank of McKenney (the "Bank") (OTCBB: BOMK.OB) held its 2016 Annual Meeting of Shareholders yesterday at the Bank's Corporate Headquarters at 20718 First Street, McKenney, Virginia. W.D. Allen III, Chairman, conducted the meeting.
Shareholders were asked to consider and vote on a proposal to elect eight directors, seven of whom are outside directors, to serve until the 2017 annual meeting of shareholders.
W.D. Allen III has served as a director of the Bank since 1981 and is an Attorney at Law in Dinwiddie, VA. Harry D. Baird III has served as a director of the Bank since 1997 and is the Emergency Medical Services Training Coordinator for Chesterfield County Fire Department, in Chesterfield, VA. Joan D. Clarke has served as a director of the Bank since 2006 and is a Certified Public Accountant and a Member with Gregory and Associates, PLLC in Petersburg, VA. James "Scott" Deadmon has served as a director of the Bank since 2012 and is the co-owner of Landscapes by Deadmon, LLC. Thomas F. Edmunds III has served as a director of the Bank since 2012 and is the President & CEO of Edmunds Transport, Inc. and the Vice President of Edmunds Waste Removal, Inc., both headquartered in McKenney, VA. Rudy L. Hawkins has served as a director of the Bank since 1997 and is the owner of Rudy L. Hawkins Electrical Contractor, Inc., in Chester, VA. Richard M. Liles has served as a director of the Bank since 1989 and is President and Chief Executive Officer of the Bank of McKenney. Joseph W. Lyle has served as a director of the Bank since 1989 and is President of Southside Parts Co., Inc. and a retired Vice President of D. W. Lyle Corporation, McKenney, VA.
Shareholders were also asked to ratify the selection by the Board of Directors' Audit Committee of "Yount, Hyde & Barbour, P.C.", independent certified public accountants, as the Bank's independent auditors for 2016.
The Bank announced today the approval of both proposals by shareholders.
Bank of McKenney is a full-service community bank headquartered in McKenney, Virginia with seven branches serving Southeastern Virginia and assets totaling $222 million.
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SOURCE Bank of McKenney