VCB Financial Group Welcomes Tom Baker

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 Thomas M. Baker has joined VCB Financial Group - Trust and Wealth Management as Vice President, Trust Representative. In this role, Mr. Baker’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.

 “We are pleased to welcome Tom to VCB Financial Group,” stated Eric F. Nost, President and CEO of VCB Financial Group. “Tom has been an outstanding Trust and Wealth Management Advisor in the Central Virginia Region including Fredericksburg and Charlottesville and has a proven track record of providing guidance to clients who want to connect their values with their investments and finances. Tom is especially skilled at helping clients with charitable planning, and has spoken about philanthropy to numerous audiences.”

Mr. Baker joins VCB Financial Group with over 30 years of experience in investments, insurance, personal planning, estate analysis, and charitable gift planning.  His work experience includes leadership positions at the Virginia Student Aid Foundation (now VAF), Northwestern Mutual Financial Network, SunTrust Bank, and the Rappahannock General Hospital Foundation.

Mr. Baker is a graduate of St. Christopher’s School and the University of Virginia, and he earned his Chartered Life Underwriter (CLU) designation from the American College in 2002. He holds FINRA securities licenses for Series 6 and 7, along with the Virginia Life and Health Insurance license. He is a member of the Virginia Gift Planning Council and the Charlottesville Area Planned Giving Council. Mr. Baker currently serves on the Planned Giving Committee of St. James’s Episcopal Church and has been a delegate to Diocesan Council. He is also on the national board of the Ridley Scholars program at the University of Virginia and the Board of Directors at Shrine Mont, a conference center of the episcopal Diocese of Virginia. He chairs the development committee for both entities. 

In accepting this position as Vice President, Trust Representative, Mr. Baker stated, “I am a true believer in community banks and providing the personalized service that clients deserve and with VCB Financial Group being an affiliate of an established community bank in Virginia, it’s just the perfect mix. I can continue doing what I enjoy and that’s being able to get to know my clients, understand their needs and spend the time to help them find the right estate planning or investment options.”

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 18 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.