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Fun in the Snow

Bank of Lancaster Pays Tribute to Kenneth O. Bransford, Jr.

KILMARNOCK, VA –Bay Banks of Virginia, Inc. (OTC BB: BAYK), holding Company for Bank of Lancaster and Bay Trust Company, held its annual Christmas Party in conjunction with a tribute to Kenneth O. Bransford, Jr. for his retirement after 40 years of dedication and leadership. The event was held at Indian Creek Yacht & Country Club in Kilmarnock and included employees, directors, spouses, guests and the Bransford family.

Bransford joined Bank of Lancaster in November of 1971. During his 40-year tenure, he held the offices of Assistant Cashier, Vice President, Senior Lending Officer with overall responsibility for the Company’s loan operations, and Retail Delivery Administrator with overall responsibility for the Company’s branches throughout the Northern Neck. In 1994, the Board elected Bransford Senior Vice President and in 2002, he was elected Executive Vice President. Prior to retiring on December 31, 2011, Bransford held the position of President and Chief Executive Officer of Bank of Lancaster.

Bransford will remain as Vice Chairman of the Bank of Lancaster Board and as a Director on both the Bay Banks of Virginia and the Bay Trust Company Boards.

During the evening festivities, Bransford in great spirit enjoyed a roast by his co-worker of 40 years, Hazel Farmer, with a walk down memory lane video highlighting his many years of fellowship and service to not only the Bank but to the Northern Neck community. The Lighthouse Keepers Club, an in-house club of employees with 25 or more years of service, of which Bransford is a part, also took part in the program. Club President Linda Hall, on behalf of the members, presented Bransford with an engraved watch. Santa Claus also arrived and presented Bransford with a gift from the Company.

On behalf of the Directors, Bank of Lancaster Chairman of the Board, Richard A. Farmar, III, presented Bransford with a framed Resolution recognizing his distinguished leadership and service. Farmar stated, “For For the past 40 years, Ken has played a key role in both the lending and retail functions of the Bank and has been an intricate part of our family of companies. Through his leadership, Ken has the appreciation and respect of the Boards of Directors of Bay Banks, Bank of Lancaster and Bay Trust Company; and we are pleased that he has agreed to continue to serve on the Boards of these three companies.”


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