Extreme BankingGolden Advantage

general banking


Financial Management

Interested in retirement planning or wealth management services? Visit our Financial Management area today.

» Learn More


Greene Elected to Board of Virginia Association of Community Banks

Randal R. “Randy” Greene was elected to the Board of Directors of the Virginia Association of Community Banks during its 35th Annual Meeting held at The Williamsburg Lodge & Conference Center, October 14 – 16, 2012. Greene is the President and Chief Executive Officer of the Bank of Lancaster, headquartered in Kilmarnock, Virginia.

As a Board member, Greene will provide structural guidance to the organization and will represent other community bankers in his area on decisions affecting the industry. His term of office is for three years.

Greene is also the President and CEO of Bay Banks of Virginia, holding company for Bank of Lancaster and Bay Trust Company. He serves on the Boards of Bay Banks, Bank of Lancaster and Bay Trust Company. He joined the family of companies in the fall of 2011.

He received his Bachelor of Business Administration from East Tennessee State University in 1982. He began his banking career in 1984 and brings 28 years of community banking and management experience to his position with the Bay Banks family. Prior to his move to Virginia’s Northern Neck, Greene had been President and CEO, Director and Founder of State of Franklin Savings Bank in Tennessee and Chairman of its Executive Committee. Most recently he was a Regional President of State of Franklin Bank, a division of Jefferson Federal Bank in Johnson City, Tennessee.

Understanding the importance of a community banker’s involvement in civic and community programs, he has had a lifetime involvement in Boy Scouts of America and has served as President of the Sequoyah Council, which serves 17 counties in East Tennessee and Southwest Virginia. He has also served as Chairman of the Silver Eagle Dinner for Boy Scouts of America. He is currently on the Executive Board of the Heart of Virginia Boy Scout Council. Greene is also on the Board of the Rappahannock General Hospital Foundation; is involved in LEAD Northern Neck, a part of LEAD VIRGINIA designed to build a network of informed, engaged and connected leadership for the Commonwealth of Virginia; and is Chairman of Comprehensive Community Services. He has served as the Leadership Chairman of United Way of East Tennessee, a Board member of Children’s Advocacy Center, Foundation Board member of East Tennessee State University, and Board member of the Johnson City/Washington County Chamber of Commerce. He is the Past Chairman of the Johnson City Medical Center Foundation; Past Board member of the City of Johnson City Community Development Board; and the organizer of the Eastern Eight, a successful non-profit housing corporation.

Greene and his wife Kathy have a son, Randal, who graduated from college this spring and is now attending law school in Charleston, S.C, and a daughter, Kate, who is in the 9th grade.

Greene states he is pleased to serve on the Board of the VACB representing community bankers at the state level. “Living in the Northern Neck of Virginia is a privilege and one I am enjoying very much,” Greene notes, “though the local economy continues to present its share of economic challenges and community banks do not escape these challenges any more than other local businesses. It is my hope that working together as community bankers, we can strengthen our communities as a whole and provide opportunities for growth and prosperity.”

The Virginia Association of Community Banks is an association of locally-owned and operated Virginia banks. VACB provides persistent and determined advocacy at the federal and state level, comprehensive educational programming, and other valuable services for its member banks and associate members. Headquartered in Richmond, the VACB has strived to improve the lives of employees and customers in community banks across the Commonwealth for more than thirty-five years.


No Very

Captcha Image