The Virginia Bankers Association (VBA) elected new officers for its 2024-2025 board of directors during the MBA|VBA Joint Convention today.

The VBA is honored to have the following individuals serve as officers of its board of directors:

• Chairman: Victor K. Branch, Richmond Market President, Bank of America, Richmond
• Chairman-Elect: Tom Cherry, President & CEO, C&F Bank, Toano
• Immediate Past Chairman: Litz H. Van Dyke, CEO, Carter Bank, Martinsville

Additionally, the following bankers were elected to the VBA Board of Directors:

• David P. Boyle, Chairman, President & CEO, Burke & Herbert Bank, Alexandria
• John J. Brough, CEO, Chain Bridge Bank, McLean
• John Caldwell, President & CEO, The Farmers Bank of Appomattox, Appomattox
• Steven A. DeLuca, VP, Head of State & Local Government Affairs, Capital One, Richmond
• Dennis A. Dysart, President & COO, First Bank, Virginia, Winchester
• Aubrey H. Hall, III, President & CEO, First National Bank, Altavista
• G. Lyn Hayth, III, Vice Chair & CEO, Bank of Botetourt, Troutville
• Brandon C. Lorey, President & CEO, Bank of Clarke, Berryville
• Shane McLaughlin, Branch Banking Region Executive – Northern VA Region, Wells Fargo, McLean
• W. Mark Nelson, President & CEO, First Bank & Trust Company, Abingdon
• Thomas L. Ransom, Regional President, Virginia Region, Truist Bank, Richmond
• Sherri A. Sackett, CEO & Director, Select Bank, Lynchburg
• Gary Shook, President & CEO, Community Bankers’ Bank, Midlothian
• Robert F. Shuford, Jr., Chairman, President & CEO, Old Point Financial Corporation, Hampton
• Brian K. Skinner, President & Regional Banking Director – VA and NE NC, TowneBank, Suffolk
• Maria P. Tedesco, President & COO, Atlantic Union Bank, Richmond
• Joseph J. Thomas, President & CEO, Freedom Bank of Virginia, Fairfax
• Robert C. Wood, Jr., SVP, Regional President, United Bank, Charlottesville

​Chairman Victor Branch

Victor is the Richmond Market President of Bank of America. Victor joined Bank of America in 1984 through a predecessor institution’s management associate trainee program. He worked in the consumer bank for several years and subsequently in marketing before assuming the Market Executive role for Richmond.

Victor has an Associate Arts Degree in Sociology from Richard Bland College and a B.A. in Sociology from William & Mary. He is also a graduate of the Virginia Bankers School of Bank Management. 

 

 

 

 

Chairman-Elect Tom Cherry

Tom Cherry is president and chief executive officer of C&F Financial Corporation and C&F Bank. His career with C&F began as chief accounting officer in 1996 followed by chief financial officer from 2004 through 2016.  He worked for Price Waterhouse LLP prior to its merger with Coopers and Lybrand before joining C&F. Tom was named president of C&F Bank in 2014, appointed to the Boards of Directors of C&F Financial Corporation and C&F Bank in 2015, and became chief executive officer in 2019.

Tom has a Bachelor of Science degree in Business Administration from Old Dominion University and a Master of Business Administration degree from the College of William and Mary.

As chairman-elect, he is slated to become VBA Chairman in June 2025.

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About the Virginia Bankers Association

The Virginia Bankers Association represents banks of all sizes and charters and has served as the unified voice for Virginia’s $881 billion banking industry and its 45 thousand employees since 1893. To learn more about the VBA, click here.