Community Bankers Trust Corporation Announces Appointment of New Board Members
RICHMOND, Va., July 2, 2018 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that it has appointed Hugh M. Fain, III and Oliver L. Way to its Board of Directors. Mr. Fain and Mr. Way will also serve as directors of the Bank.
Mr. Fain is a partner at the Spotts Fain law firm in Richmond, Virginia. He has 35 years of experience as a civil trial attorney in a broad range of commercial and business matters. His representative clients include both public and private companies, as well as individual entrepreneurs, many of whom rely on him for general business counsel. Mr. Fain is active in the community, and he has served as President of the Virginia Bar Association and Richmond Bar Association, among other contributions. He is a graduate of Virginia Military Institute, where he currently serves as a member of its Board of Visitors and has served as President of each of its Foundation and Alumni Association, and the University of Virginia School of Law.
Mr. Way recently retired as the Regional President of Fulton Bank, where he oversaw banking operations, planning and strategic initiatives in its central and northern Virginia markets. He has 40 years in the financial services industry, including 13 years with Fulton Bank and 22 years with Wachovia Bank and its predecessor, Central Fidelity Bank, in roles of leadership, business development, risk management and credit analysis. Mr. Way has been active in the central Virginia community, and his involvement has included serving as a member of the Richmond Chamber of Commerce Board of Directors, the Chairman of the Risk Management Associates Richmond Group and a member of the Bankers Insurance Board of Directors and in leadership positions in numerous business, church and non-profit organizations. He is a graduate of Virginia Military Institute and earned a MBA degree from the College of William and Mary School of Business.
Rex L. Smith, III, President and Chief Executive Officer of the Company and the Bank, stated, "I am pleased to welcome both Hugh and Oliver to our Board of Directors. We are grateful to have the opportunity to add two individuals of their caliber, and we look forward to the insights that they will provide to all aspects of our initiatives, including strategic direction, business development and risk management, just to name a few. Their perspectives will continue the key role that our Board members play in the achievement of our goals."
About Community Bankers Trust Corporation and Essex Bank
Community Bankers Trust Corporation is the holding company for Essex Bank, a Virginia state bank with 25 full-service offices, 19 of which are in Virginia and six of which are in Maryland. The Bank also operates one loan production office in Virginia. The Bank's Prince Street office in Tapphannock, Virginia closed on June 29, 2018.
Additional information on the Bank is available on the Bank's website at www.essexbank.com. For information on Community Bankers Trust Corporation, please visit its website at www.cbtrustcorp.com.
SOURCE Community Bankers Trust Corporation
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