KILMARNOCK, Va., Dec. 16, 2014 /PRNewswire/ -- Bank of Lancaster, a subsidiary of Bay Banks of Virginia, Inc. (OTCQB: BAYK), held a ribbon cutting ceremony at its retail branch on Patterson and Libbie.
"We are very excited about the opening of our branch at Patterson & Libbie," said Randal R. Greene, President and CEO. "We have received overwhelming support from businesses and residents in the area. We were pleased to have a number of business leaders from the Richmond community in attendance at our ribbon cutting."
Our Patterson Avenue branch is managed by Assistant Vice President Ward Currin. Ward began with Bank of Lancaster in 2005 as Loan Resolution Administrator. Since October 2008, Ward served as Branch Officer responsible for the overall operation, management and growth at two of Bank of Lancaster's branches in the Northern Neck. In accepting the role for Patterson, Ward was also promoted by the Board of Directors to the position of Assistant Vice President.
Most recently Regina Sobey joined Bank of Lancaster's lending team as a Senior Mortgage Loan Originator. Regina is working at the Patterson location. She has 29 years of experience in the mortgage and banking industry. She is also President of the Richmond Mortgage Bankers Association.
"Along with our Paragon Place team and the team at our recently opened Patterson branch, our year-end projections and goals set for Richmond have been exceeded by leaps and bounds. It tells us that the Richmond community wants a strong and sound community bank that supports the local community. We are looking forward to the opening of our Robious Road location in the spring of 2015," stated Greene.
About Bay Banks of Virginia, Inc.
Bay Banks of Virginia, Inc. is the bank holding company for Bank of Lancaster and Bay Trust Company. Founded in 1930, Bank of Lancaster is a state-chartered community bank headquartered in Kilmarnock, Virginia. With eight banking offices located throughout the Northern Neck region, a residential lending production office in Middlesex County, and two banking offices in Richmond, Virginia, the bank serves businesses, professionals and consumers with a wide variety of financial services, including retail and commercial banking, investment services, and mortgage banking. Bay Trust Company provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration.
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SOURCE Bay Banks of Virginia, Inc.