Bank of Lancaster closing a branch in Lancaster County
Bank of Lancaster’s parent company announced Wednesday plans to shut down the bank’s Northside office in Kilmarnock on April 30. The office will be consolidated to the bank’s two other Lancaster County locations.
“This branch consolidation is one component of our strategic framework to achieve the optimal combination of branches and electronic banking technologies, while continuing to offer our customers convenience and superb levels of service from our highly experienced lenders and staff,” said a statement by Randal R. Greene, president and CEO of Bank of Lancaster and its parent company, Bay Banks of Virginia Inc.
After this consolidation, Bank of Lancaster will continue to operate seven banking offices throughout the Northern Neck region, plus a residential lending production office in Middlesex County and two banking offices in Richmond.
Bank of Lancaster provides retail and commercial banking services. Bay Banks’ other affiliate, Bay Trust Co., offer management services for personal and corporate trusts.