BAY BANKS OF VIRGINIA, INC. (OTCMKTS:BAYK) Files An 8-K Other Events
Item 8.01
| Other Events. |
On March 21, 2017, Bay Banks of Virginia, Inc. (the Company), the
holding company for Bank of Lancaster and Bay Trust Company,
issued a press release announcing the hiring of Eric Nost, a
financial services executive with over 30 years experience, to
serve as President of Bay Trust Company.
A copy of the Companys press release is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| Exhibit No. | Description | |
| 99.1 | Press release, March 21, 2017. |
About BAY BANKS OF VIRGINIA, INC. (OTCMKTS:BAYK)
Bay Banks of Virginia, Inc. is a bank holding company that conducts its operations through its subsidiaries, Bank of Lancaster (the Bank) and Bay Trust Company (the Trust Company). The Bank is a state-chartered bank and a member of the Federal Reserve System. The Bank serves businesses, professionals and consumers with a range of financial services, including retail and commercial banking, investment services and mortgage banking. Its products include cash management accounts, individual retirement accounts, commercial and industrial loans, residential mortgages, commercial mortgages, home equity loans, consumer installment loans, investment accounts, insurance, credit cards and telephone banking. The Bank’s deposits include non-interest bearing demand deposits, interest bearing deposits and time deposits. The Trust Company provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration. BAY BANKS OF VIRGINIA, INC. (OTCMKTS:BAYK) Recent Trading Information
BAY BANKS OF VIRGINIA, INC. (OTCMKTS:BAYK) closed its last trading session up +0.10 at 8.85 with 21,084 shares trading hands.
