|Bay Banks of Virginia, Inc. is the bank holding company for Virginia Commonwealth Bank (VCB) and VCB Financial Group headquartered in Richmond, Virginia.
With over 166 years of combined history as independent community banks, both CEOs Randy Greene of Bank of Lancaster and Frank Scott of Virginia Commonwealth Bank were looking for ways to strategically advance their respective community banks’ missions while improving the bottom line and recognized the unique opportunity of joining together to enhance the shared mission of providing outstanding banking services in the communities where they do business, The merger between the two banks was completed on April 1, 2017.
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As of April 20, 2018
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