Bank of Lancaster Announces Promotion

Jun 07, 2013, 15:00 ET from Bay Banks of Virginia, Inc.

KILMARNOCK, Va., June 7, 2013 /PRNewswire/ -- Bank of Lancaster (the "Bank"), an affiliate of Bay Banks of Virginia, Inc. (OTCQB: BAYK), announces a promotion.

Randal R. Greene, President and CEO of Bank of Lancaster and Bay Banks of Virginia, announced that Vice President Ricky B. Varnier has been promoted by the Bank's Board of Directors to the office of Senior Vice President.

Varnier has over 27 years of banking and mortgage-related technology, operations and production management experience, including branch teller and platform systems application development, system configuration, process engineering, project management and resource management. 

Prior to joining Bank of Lancaster in April 2008, the majority of Varnier's career had been with a large regional bank in Richmond.   Over the years, Varnier served as Programmer Analyst, Branch Teller Systems Development Team Manager, Technology Project Manager, and Production Support Manager supporting Mortgage Document Delivery, and Bank Operations and Technology Manager.

As Bank of Lancaster's Senior Vice President and Chief Technology Officer, Varnier is responsible for daily tactical and strategic planning activities for Deposit Operations, Information Technology, Bank Security, Facilities, Purchasing and Courier, Vendor Management, and Business Continuity.  Varnier stated, "I feel extremely fortunate to work at Bank of Lancaster with a great group of individuals in an environment that is both challenging and exciting."

A native of Virginia, Varnier received his Bachelor of Arts in Sociology from Old Dominion University and his Post Graduate Degree in Information Systems from Virginia Commonwealth University.

Varnier is a member of Morattico Baptist Church and is a member and President of the Rotary Club of the Northern Neck.  

Varnier and his wife Pam reside in Northumberland County.  They have two grown children, Nathan and Sally, and four grandchildren – Emma, 8; Brandon, 3; Reese, 1; and Laney, 4 months.

In making this announcement, Greene stated, "We are fortunate to have Rick as a member of our Bay Banks' team.  He is committed to our Company's philosophy of service excellence; and his vision, professionalism, and knowledge are assets to us as we strive each day to stay abreast of technology and provide our customers with the highest quality of service."  

SOURCE Bay Banks of Virginia, Inc.