Bank of Lancaster Selects One Paragon Place in Richmond's West End for Lending and Wealth Management Office

News provided by

Mar 21, 2014, 11:25 ET

KILMARNOCK, Va., March 21, 2014 /PRNewswire/ -- Bank of Lancaster, a subsidiary of Bay Banks of Virginia, Inc. (OTCQB: BAYK), has selected One Paragon Place for its Richmond, Va. lending and wealth management office. This location is very convenient to I-64 near the intersection of Glenside Drive and W. Broad Street, announced Randal R. Greene, President and Chief Executive Officer of Bank of Lancaster and Bay Banks of Virginia, Inc. The loan production and wealth management office is Bank of Lancaster's first Richmond location.

Bank of Lancaster Selects One Paragon Place in Richmond's West End. (PRNewsFoto/Bank of Lancaster, BRANDYWINE REALTY TRUST) (PRNewsFoto/BANK OF LANCASTER)

Randal R. Greene is President and Chief Executive Officer of Bay Banks of Virginia, Inc. and Bank of Lancaster. Please visit Bay Banks of Virginia at www.baybanks.com and Bank of Lancaster at www.bankoflancaster.com. (PRNewsFoto/Bay Banks of Virginia, Inc.) (PRNewsFoto/BAY BANKS OF VIRGINIA_ INC_)

F. Arnold Blackmon III is serving as Regional President of Bank of Lancaster's Richmond market. Please visit Bank of Lancaster at www.bankoflancaster.com. (PRNewsFoto/Bay Banks of Virginia, Inc.) (PRNewsFoto/BAY BANKS OF VIRGINIA, INC.)

Greene said, "We are pleased to have acquired such ideal space so quickly on the heels of announcing our plans to open a Richmond office. Arnold Blackmon, President of our Richmond Region, did an outstanding job of identifying and securing office space that meets our needs and the needs of our customers, along with room for future expansion."

One Paragon Place is owned by Brandywine Realty Trust with a total of 145,000 square feet on six floors.

"Our Loan Production and Wealth Management teams will be located on the sixth floor of One Paragon Place, Building 6800," Blackmon shared. "The location is very convenient with easy access and we look forward to serving the greater Richmond region."

Our doors are open for business. To contact us, please call Arnold Blackmon at 804.349.9255 or visit our website at www.bankoflancaster.com.

Bay Banks of Virginia, Inc. is the bank holding company for Bank of Lancaster, a full-service community bank providing banking and related financial services to businesses, professionals, and consumers through eight full-service offices in the Virginia communities of Burgess, Callao, Colonial Beach, Kilmarnock, Montross, Warsaw, and White Stone, as well as a loan production office in Middlesex County. Through its subsidiary, Bay Trust Company, the Company provides investment, and trust and related fiduciary services. Founded in 1930, the Company and Bank of Lancaster are headquartered in Kilmarnock, Virginia.