Virginia National Bankshares Corporation (VABK)

29.75 +0.27 (+0.92%) As of 11:58AM EDT. Market open.

Virginia National Bankshares Corporation

404 People Place
Charlottesville, VA 22911
United States
434 817 8621
https://www.vnb.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 147

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Glenn Wilfred Rust	President, CEO & Director	730.83k	N/A	1956

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking services. The company operates through Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital segments. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services. In addition, the company 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. Further, it provides automated teller machines, internet banking, treasury, and cash management services; merchant and debit card services; and wealth and investment advisory, and brokerage services. Additionally, 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 in the Charlottesville/Albemarle County, Fauquier County, Manassas, Prince William County, Richmond, and Winchester market areas in Virginia. Virginia National Bankshares Corporation was founded in 1998 and is headquartered in Charlottesville, Virginia.

Corporate governance

Virginia National Bankshares Corporation’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 8; Board: 10; Shareholder rights: 7; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.