Virginia Commonwealth Bank

With over 166 years of combined history as independent community banks, both CEOs Randy Greene of Bank of Lancaster and Frank Scott of Virginia Commonwealth Bank were looking for ways to strategically advance their respective community banks’ missions while improving the bottom line and recognized the unique opportunity of joining together to enhance the shared mission of providing outstanding banking services in the communities where we do business, The merger between the two banks was completed on April 1, 2017.Virginia Commonwealth Bank and the former Bank of Lancaster are now combined and also headquartered in Richmond. With nineteen banking offices located throughout the Richmond market area, Tri-Cities (Petersburg, Hopewell, Colonial Heights), the Northern Neck, Middle Peninsula and Suffolk, the bank serves businesses, professionals, and consumers with a wide variety of financial services, including retail and commercial banking, investment services and mortgage banking.Virginia Commonwealth Bank - Member FDIC & Equal Housing Lender