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VCB Financial Group Welcomes Russell Carter

31-Oct-2018 RICHMOND, Va., October 31, 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 Russell Carter has joined VCB Financial Group - Trust and Wealth Management as Vice President, Senior Trust Representative. In this role, Mr. Carter’s responsibility will be providing trust and wealth management services to businesses, charitable foundations, and individuals whether working with attorneys to develop an elaborate trust and estate plan or simply guiding clients through the challenging aspects of investing, preserving and managing assets. 

Russell Carter

“We are pleased to welcome Russell to VCB Financial Group,” stated Eric F. Nost, President and CEO of VCB Financial Group. “Russell has been an outstanding Trust and Wealth Management Advisor in the Richmond Metropolitan area and has a proven track record of providing guidance to clients who want to connect their values with their investments and finances.”

Mr. Carter joins VCB Financial Group with over 21 years of trust and wealth management experience within financial institutions. Mr. Carter is a graduate of Howard University in Washington, D.C. and received his Juris Doctor degree from Touro Law Center in Central Islip, New York.

In accepting this position as Vice President, Senior Trust Representative, Mr. Carter stated, “I am very delighted to be working with VCB Financial Group. I look forward to drawing on my experience to expand VCB Financial Group’s presence in Richmond and guiding clients through the challenging aspects of investing, preserving and managing assets to achieve their goals.”


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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