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Bay Banks of Virginia, Inc. is a bank holding company, organized under the laws of Virginia on February 10, 1997 with headquarters in Kilmarnock, Virginia. As of July 1, 1997, Bay Banks of Virginia, Inc. assumed ownership of 100% of the stock of the Bank of Lancaster. Prior to this date, the Company operated as the Bank of Lancaster. In August of 1999, Bay Banks of Virginia formed Bay Trust Company. This subsidiary of the holding company was created to purchase the assets of the trust department of the Bank of Lancaster. This sale and transfer of assets was completed on December 31, 1999. As of January 1, 2000, the bank no longer owned or managed the trust function, and Bay Trust Company began operations as a subsidiary of Bay Banks of Virginia.

Bank of Lancaster opened its doors in November 1930 in the midst of the Great Depression, when a group of financial visionaries in Kilmarnock, Virginia took a bold step and founded a new bank, Bank of Lancaster. Over the years, Bank of Lancaster grew and prospered in the market it serves because it adhered to its founders' commitment to provide customers with friendly, personal service, a safe haven for their savings and investments, and a sound line of financial products and services to help them build and buy homes, establish businesses and improve the quality of their lives.

Still headquartered in Kilmarnock today, Bank of Lancaster is a vital, growing institution with seven banking offices located throughout the Northern Neck region, a residential lending production office in Middlesex County, and three banking offices in Richmond, Virginia. The Bank provides businesses, professionals and consumers with a full range of financial services, including commercial and consumer deposit accounts and loans, mortgages, online and mobile banking services, and special account programs. In addition, Bank of Lancaster offers investment services, including financial planning, securities brokerage, and insurance products through Investment Advantage. If you would like to purchase Bay Banks of Virginia stock, please call Investment Advantage at (804) 435-4152. Additional sources can also be found under the Market Makers link.

Bay Trust Company provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration.

Today, Bay Banks of Virginia conducts substantially all of its operations through its two subsidiaries, Bank of Lancaster and Bay Trust. As of December 31, 2015, Bay Banks of Virginia and its subsidiaries had 135 employees, 630 stockholders of record and assets of approximately $451 Million.

Bay Banks of Virginia employees proudly serve in leadership roles in numerous civic, charitable, church and school organizations throughout the Northern Neck, Middlesex and Richmond region. Our commitment to community service is also evidenced by staff participation in many civic and charitable outreach programs annually.

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