Noting
Worth
VIRGINIA COMMUNITY BANK ANNOUNCES NEW CEO On May 19, the board of directors of Virginia Community Bank announced that A. Preston Moore, Jr., was unanimously approved to assume the role of president and CEO of the bank. A. Pierce Stone, previously the bank’s president and CEO, will continue in the role of chairman of the board. Moore has been with Virginia Community Bank since 2008, serving as senior vice president and COO. He boasts nearly 30 years of commercial lending and development experience. Moore is a native of Woodberry Forest, Virginia, and he obtained both his undergraduate degree and MBA from the University of Virginia.
RHODES NAMED CHAIRMAN OF THE BOARD Congratulations to H.C. Rhodes of Highlands Community Bank, who was recently named chairman of the board of directors. Rhodes will also continue to serve as president and CEO.
GSB-LSU NEWS Susan Harman, a vice president at Old Point National Bank and an honor graduate of the Virginia Bankers School of Bank Management, was elected a class officer of the Graduate School of Banking at Louisiana State University, class of 2013. Additionally, Aubrey “Todd” H. Hall, president of First National Bank, Altavista, and Lance Nobles, vice president and senior business relationship manager at Wachovia, A Wells Fargo Company, were recognized at the Graduate School of Banking at Louisiana State University for their outstanding record of ten A’s. Hall and Nobles 6 Virginia Banking | July/August 2011
VIRGINIA BANKERS MEET WITH CONGRESSMAN GOODLATTE On June 8, 18 Virginia bankers met with Rep. Bob Goodlatte in Roanoke. Among other agenda items, the bankers discussed our top federal policy priorities with Goodlatte, such as the Durbin Interchange amendment and regulatory reform. A special thanks to all the bankers who attended this meeting. were two of only three students to make this achievement this year. Kudos to these three bankers for their tremendous accomplishments.
CBB FINANCIAL CORP. AND COMMUNITY BANKERS’ BANK HOLD 2011 ANNUAL MEETING CBB Financial Corp. held its annual meeting of shareholders on May 25 at Farmington Country Club in Charlottesville. CBB Financial Corp. is the onebank holding company for Community Bankers’ Bank. The following directors were re-elected to serve three-year terms expiring at the 2014 Annual Meeting: Robert (Bobby) W. Jonte, Jr., Bank of Greeleyville, Greeleyville, SC, and Ellis (Ellie) L. Gutshall, Valley Bank, Roanoke. Other elected directors currently serving are Lyn Hayth (Bank of Botetourt), Charlie Collum (Burke & Herbert Bank & Trust), Monte Layman (The Page Valley Bank), Ed Stringer (The Bank of Marion), and Bob Chapman (Bank of the James). During the board of directors meeting also held on May 25, Ed Stringer was elected chairman of the board for 20112012 and Monte Layman was elected vice-chairman. Stringer succeeds Char-
lie Collum, who served as chairman for 2010-2011 and continues to serve on the board.
AUSTIN L. ROBERTS, III, RETIRES FROM THE BANK OF LANCASTER Bay Banks of Virginia, Inc., holding company for Bank of Lancaster and Bay Trust Company, announced that Austin L. Roberts, III, has stepped aside as president and CEO of Bank of Lancaster. Following Roberts’ announcement to the board of directors of Bank of Lancaster, Kenneth O. Bransford, Jr., was elected president and CEO of the bank and was also elected to the bank’s board of directors. Roberts will remain as vice chairman of the bank and as president and CEO of Bay Banks of Virginia until his planned retirement in March of 2012. At one point in his career, Roberts was the youngest bank president in Virginia, and in 1980, was named Outstanding Young Man in our commonwealth by thenGov. Charles Robb. Roberts joined Bank of Lancaster in May 1990 with 20 years of banking experience. He received his bachelor’s degree in accounting and his MBA from the College of William and Mary, where he is an active alumnus. In 1994, Roberts was the recipient of the William and Mary Alumni Medallion, the highest www.vabankers.org