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VCB Financial Group Welcomes Mike Milligan

18-Dec-2018 RICHMOND, Va., December 19, 2018; 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 Mike Milligan has joined VCB Financial Group as Vice President and as Investment Executive, Infinex Investments, Inc. In this role, Milligan’s responsibility will be providing recommendations, and access to, investment and insurance strategies for individuals and businesses.

“We are pleased to welcome Mike to VCB Financial Group,” stated Eric F. Nost, President and CEO of VCB Financial Group. “Mike has been an outstanding leader and has a long history of providing guidance to Hampton Road clients who want to connect their values with their investments and finances.”

Milligan joins VCB Financial Group with over 19 years of investment and wealth management experience. He’s a graduate of Campbell University with a Master of Business Administration and Bachelor of Business Administration with concentration in Trust Management and Financial Planning. Milligan is an Accredited Investment Fiduciary and a Certified Financial Planner. Milligan has worked with clients since 1999 helping them achieve their lifetime goals and objectives through comprehensive financial planning with a focus on retirement income and investment planning.

In accepting this position as Vice President, Milligan stated, “VCB Financial has a bright future and I’m excited to lead the growth of the organization in Hampton Roads. I look forward to helping and advising clients in their accumulation, retirement and legacy strategies with client-first solutions available at VCB Financial.”

VCB Financial Group and Virginia Commonwealth Bank are subsidiaries of Bay Banks of Virginia. Infinex is not affiliated with any of those companies. Investment services are offered through INFINEX INVESTMENTS, INC., Member FINRA/SIPC. Investment and insurance products are subject to investment risk, including the possible loss of value. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate.

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 19 banking offices and a loan production office located throughout the Richmond market area, the Northern Neck region, Tri-Cities area of Petersburg, Hopewell and Colonial Heights, Middlesex County and Hampton Roads region, 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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