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October 01, 2020
Virginia National Bankshares Corporation and Fauquier Bankshares, Inc. Announcement
Virginia National Bankshares Corporation and Fauquier Bankshares, Inc. Announce Strategic Merger of Equals
Virginia National Bankshares Corporation and Fauquier Bankshares, Inc. announced the strategic merger of equals. This strategic combination of like-minded community banks will create a premier Virginia financial institution with greater scale, operating leverage and complementary business lines. After the merger, the combined company will operate under the Virginia National Bank brand and will be able to serve larger clients in its core Virginia markets of Charlottesville, Warrenton, Winchester and the counties of Albemarle, Fauquier, Frederick and Prince William. It will also accelerate current market expansions in Richmond and Northern Virginia.