VACB Chairman 2015
John Caldwell
President, CEO
The Farmers Bank of Appomattox

Chairman's Letter

The Community Banker Magazine


Computer Services, Inc.

Calling All Compliance Officers and Lenders
Program on TILA and RESPA Integrated Disclosure AND 2015 Issues on the Horizon

Join VACB and Williams Mullen's legal experts for a half-day briefing on the new TILA and RESPA integrated CFPB disclosure. Alan Clark will make sure you have the information you need, from application to closing, to ensure that the bank is properly prepared to handle the new combined form.

In addition to covering the new integrated disclosure, we also will have a discussion on several CFPB Hot Issues looming on the horizon. Whit Whitham and Lee Lester will tackle tough issues including, De-Risking Bank Customers, The Use of Credit Reports to Determine Checking Account Access, What to Watch with Credit Card Add-Ons and Free Checking and Avoiding UDAAP Violations. To see more information and to register, click HERE!!

Join the VACB Compliance Forum Today!!
2015 Will be a Tough Year for Regulations

New laws, regulations and rulings continue to come at us at a faster rate than ever and are far more complex than in the past. Unfortunately, it is unclear how all of the changes will affect our industry. The regulatory burden continues to mount on community banks. Our challenge: how can we ensure the best compliance education training for our bank managers?

The VACB Compliance Forum ProgramŽ has been providing this essential education since 1988. In recent years, in an effort to further enhance our programs we added a monthly e-newsletter, Capitol Comments, which includes a checklist of important dates and deadlines, as well as clarifying commentary. We also created a Members' Only Portal, is an invaluable source to our members. On the portal, members have exclusive access where they can ask questions, read white papers, and download check lists and toolboxes to assist them. Additionally, for 2015,VACB will enhance the Compliance Forum with additional program offerings and a dedicated email address for pertinent compliance questions. Annual Compliance Forum Information Brochure

VACB Members
The Best Banks to Work For!

American Banker has just released its second annual ranking of "The Best Banks to Work For," and two VACB member banks have been ranked in the top half of the 40-bank list.

The release notes, "These banks win high marks from employees for providing a positive work environment, top-notch benefits and ample career-advancement opportunities."

Our hearty congratulations to Chesapeake Bank, headquartered in Kilmarnock, ranked #11, and to Old Point National Bank, headquartered in Hampton, ranked at #15. Thanks for your commitment to the people who put "community" in community banking!

VACB Members Are Getting Social
Winning National Recognition

ICBA has announced its second annual Top Community Bank Leaders in Social Media, and two VACB member banks have made the prestigious 50-bank list.

Congratulations to Farmers & Merchants Bank of Timberville and Union First Market Bank of Richmond!

See the list of all the winning banks, with live links to their social media accounts, at

Are You Aware of the Latest Vulnerability? It's The Poodle
Latest Vulnerability Affects Internal Web Systems and Encryption Solutions

VACB Endorsed provider, Secure Banking Solutions, SBS, recently found out that of all the vulnerability assessments that SBS completed in 2014 50% of community banks had the Heartbleed vulnerability present on their internal networks.

Included in this article is a link to a whitepaper from SBS that briefly describes Poodle, but in addition, covers the services SBS can provide your bank to help stay on top of these and other vulnerabilities. Are you doing everything you can to protect your bank? Read about Poodle HERE

VACB 37th Annual Convention Huge Success!!
Many Thanks to our Associate Member Sponsors!!

Platinum Sponsors
  • Bankers HealthCare Group
  • Community Bankers' Bank
  • Federal Home Loan Bank of Atlanta
  • Williams Mullen
Gold Sponsors
  • Berkley/Fin*Secure
  • Credit Risk Management
  • ICBA Services
  • Spotts Fain
  • SunTrust Robinson Humphreys
  • Travelers
Silver Sponsors
  • Bank Design & Equipment
  • Baskervill
  • BB&T Capital Markets
  • DCMI MidAtlantic
  • Dixon Hughes Goodman
  • Elliott Davis
  • Mitchell Wiggins
  • Source4
  • Terrapin Financial
  • Zurich North America

WEBINAR: CFPB Ability To Repay Rule - What Lies Ahead

Join VACB and Williams Mullen for a HOT TOPICS webinar, Thursday, November 6 from 10:00 am - 11:30 am. ATR and QM Rule is beginning to raise questions among lenders and this webinar will focus on possible bank exposure, including both litigation risk and regulatory enforcement risk. See the whole brochureHERE. You can't afford to miss this timely offering!

VACB 38th Annual Convention & Trade Show
OCTOBER 18-20, 2015

VACB will hold its 38th Annual Convention & Trade Show, Sunday, October 18 through Tuesday, October 20, at the Williamsburg Lodge & Conference Center. We look forward to having you with us for a historical good time!

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