News Release
Midlothian, Virginia, June 13, 2023: CBB Financial Corp is pleased to announce the election of Mr. Brad E. Schwartz and Ms. Sally M. Cline to the Board of Directors at the Annual Meeting of Shareholders held on May 23, 2023.
Mr. Schwartz most recently served as the President and COO of Portsmouth, Virginia-based TowneBank, before his retirement in May 2023. He also served as CEO of Monarch Bank prior to the merger with TownBank in 2016.
Ms. Cline most recently served as President and CEO of the West Virginia Bankers Association, based in Charleston, West Virginia. She retired in March 2023. Ms. Cline previously served as Commissioner of the West Virginia Division of Financial Institutions from 2009-2015.
Gary R. Shook, President and CEO of CBB Financial Corp and Community Bankers’ Bank commented, “The Community Bankers’ Bank Board and team are very pleased to have talented and well-known leaders such as Brad and Sally join the Board of Directors. Both of these individuals have made significant contributions to community banking throughout CBB’s footprint and will bring valuable insights as Independent Directors.”
About Community Bankers’ Bank:
Community Bankers’ Bank is a State-Chartered Fed Member bankers’ bank owned and directed by independent community banks in the Fifth Federal Reserve District and contiguous states. It gives community banks unique and outstanding value through the economies of scale it creates as a bank partner, never a competitor. It provides the products and services that banks need to operate and excel. CBB’s competitive pricing and superior service make it a vital resource for community banks. Visit their website or LinkedIn page to learn more.
For further information, please contact Gary Shook 804-256-0530 or gshook@cbbonline.com.
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