Bank of Lancaster Announces Promotion

Bank of Lancaster President and Chief Executive Officer Austin L. Roberts, III announced that Margaret H. Brown has been promoted by the Board of Directors to the position of Vice President.

Brown, a native of Lancaster County, is a graduate of Lancaster High School. She received her Bachelor of Science degree in Economics with a concentration in Mathematics from Mary Washington College.

Brown began her career at Bank of Lancaster in the summer of 1972 during college and worked summers, weekends and school breaks until graduation in 1974, at which time she joined the Bank full-time. Her first position was in the Bookkeeping Department. In 1976, Brown established and managed the first Data Processing Department at the Bank. She was promoted to Assistant Operations Officer in 1979 and then promoted to Data Processing Officer in 1983. Brown served as the Network Administrator from 1993 through 1995 and was also named Internal Auditor in 1993. Since that time, she has been the Internal Auditor for Bay Banks of Virginia, Inc. and its affiliates Bank of Lancaster and Bay Trust Company. Brown was promoted to Assistant Vice President in 1996.

Brown achieved the Basic Certificate from the American Institute of Banking in 1979; graduated with honors from a 3-year program at the Bank Administration School of Bank Management at the University of Wisconsin; and achieved certification for Certified Community Bank Internal Auditor from the Independent Community Bankers Association in 2000.
Brown is a member of the Information Systems Steering Committee. This Committee provides information systems support for Bank of Lancaster, Bay Trust Company and Bay Banks of Virginia. Additionally, the committee supports company-wide compliance with associated I/S Regulatory Requirements, such as the creation and implementation of a Vendor Management Program, Incident Response Plan and Business Continuity Plan. Brown also serves on the Bank’s Americans with Disabilities Task Force. Brown was one of the initiators of the Bank’s recycling efforts. She has also served on the Bank’s Standard’s SIT and co-chaired the Standards Measurement SIT, two of the Bank’s Service Improvement Teams, which are groups put in place to empower the staff and to help the company achieve the highest possible levels of customer service.

Brown is a member of The Lighthouse Keepers, a Club formed by the Company’s employees with 25 or more years of service. Through mentorship, this group provides support, guidance and direction to new employees of Bank of Lancaster and Bay Trust Company during their first year of employment.

Active in the community, Brown is a member of the Institute of Internal Auditors, Tidewater Chapter; has participated in fund raising events for the American Cancer Society Relay for Life, the March of Dimes and the Habitat for Humanity; spent several years in organizations affiliated with the Lancaster County schools; and was a member of the United Methodist Rappahannock District Council on Ministries. Brown is currently a member of the White Stone Church of the Nazarene where she volunteers with the WINGS ministry to college students; co-chair of Missions; and a member of the Church’s Steering Committee.

Brown and her husband Steve reside in Kilmarnock. Their daughter, Kelley, is a graduate of Virginia Tech and resides in North Carolina.

Roberts stated, “The Bank’s management and its Board of Directors are fortunate to have on our team such a capable, professional individual as Margaret. She is dedicated to quality of service and our Company’s philosophy of reaching high standards to meet the needs of those customers who entrust their financial relationship to Bank of Lancaster and our affiliates, Bay Trust Company and Bay Banks of Virginia. Margaret plays a vital role in the success of our organization, and each is an asset to our company and to our community.”