Virginia National Bankshares Corporation (VABK) NASDAQ

40.07

+0.27(+0.68%)

Updated at November 11 09:35AM

Currency In USD

Virginia National Bankshares Corporation

Address

404 People Place

Charlottesville, VA 22911

United States of America

Phone

434 817 8621

Sector

Financial Services

Industry

Banks - Regional

Employees

239

First IPO Date

May 04, 1999

Key Executives

NameTitlePayYear Born
Mr. Glenn Wilfred RustPresident, Chief Executive Officer & Director682,8241956
Ms. Tara Y. HarrisonChief Financial Officer & Executive Vice President361,7401968
Ms. Virginia R. BayesExecutive Vice President & Chief Banking Officer422,1461961

Description

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial banking services. The company operates through four segments: Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services. The company also offers commercial and industrial loans, real estate construction and land loans, commercial real estate loans, and 1-4 family residential mortgages, as well as consumer loans comprising student loans, revolving credit, and other fixed payment loans. In addition, it provides automated teller machines, internet banking, treasury, and cash management services, as well as merchant and debit card services; and wealth and investment advisory, brokerage, insurance, consulting, and related services. Further, the company offers investment management, corporate trustee, trust and estate administration, IRA administration, house investment management, and custody services. It serves individuals, businesses, and charitable organizations. As of December 31, 2021, the company operated sixteen full-service banking facilities in the cities of Charlottesville, Manassas, Richmond, and Winchester, as well as the counties of Albemarle, Fauquier, and Prince William. Virginia National Bankshares Corporation was founded in 1998 and is headquartered in Charlottesville, Virginia.