Established Retail Banker, Barry Almond, Joins Virginia Commonwealth Bank

RICHMOND, Va., Feb. 16, 2018 /PRNewswire/ -- Randal R. Greene, President and Chief Executive Officer of Bay Banks of Virginia, Inc. (OTCQB: BAYK), holding company of Virginia Commonwealth Bank and VCB Financial Group, announces that Barry P. Almond, a 30-year retail banking veteran, has joined Virginia Commonwealth Bank as Senior Vice President, Chief Retail Officer.

Almond most recently served as Chief Business and Operations Officer with Sonabank in Glen Allen. Prior to Sonabank, Almond spent 12 years with First Capital Bank managing the Retail and Investment Groups.  He also had long tenures at Village Bank and Central Fidelity Bank.  Almond is a graduate of The College of William and Mary, the Virginia School of Bank Management, and the Executive Leadership Institute. Active in the community, Almond is a member and past president of the Rotary Club of Bon Air; a member of the Sons of the Revolution Virginia Chapter; and he has served as Treasurer, board member, and coach in two Chesterfield County Youth Athletic Associations. 

"We are excited to welcome Barry to our leadership team," says Randal R. Greene, Virginia Commonwealth Bank's Chief Executive Officer. "Virginia Commonwealth Bank is focused on enhancing retail operations and continuously strengthening our strategic direction. Barry brings a fresh perspective to those efforts and a deep understanding of how to drive successful customer relationships given his extensive experience in retail management."

"This is a very exciting opportunity for me.  I have always enjoyed being part of a community bank and finding productive ways to grow and build relationships within the community," says Almond. "At Virginia Commonwealth Bank, we have the colleagues, products and the latest technology to help every type of customer meet any financial need."

Douglas F. Jenkins, Jr., Executive Vice President, Chief Banking Officer of Virginia Commonwealth Bank, shares Almond's and Greene's vision. "Barry's depth of knowledge and proven track record in driving business development, delivering outstanding service and increasing deposit share will be an asset to our Bank and Company," stated Jenkins. "Barry has a proven track record implementing successful business development tactics while emphasizing the importance of delivering exceptional customer service."

About Bay Banks of Virginia 

Bay Banks of Virginia, Inc. is the bank holding company for Virginia Commonwealth Bank and VCB Financial Group.  Founded in the 1930's, Virginia Commonwealth Bank is headquartered in Richmond, Virginia.  With eighteen banking offices located throughout the Richmond market area, the Northern Neck region, Tri-Cities area of Petersburg, Hopewell and Colonial Heights, Middlesex County and Suffolk - the bank serves businesses, professionals and consumers with a wide variety of financial services, including retail and commercial banking, investment services, and mortgage banking.  VCB Financial Group provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration.

For further information, contact Randal R. Greene, President and Chief Executive Officer, at 844-404-9668 or inquiries@baybanks.com.

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SOURCE Bay Banks of Virginia, Inc.