Chairman’s Message Jay Stafford, VACB Chairman Benchmark Community Bank ON TO ROANOKE! On October 1, community bankers from across the state will gather at the beautiful Hotel Roanoke for the 46th Annual Convention and Trade Show. I really hope you, and even other members of your team and board, convention. It’s a great opportunity to reconnect with each other, as well as our associate members, and to hear presentations that will be both entertaining and provide valuable take-homes for your banks. I appreciate the support and input we’ve received from our members over the past year. My year as your Chairman began with one important goal: execute on the four main Strategic Planning initiatives laid out on August 19 of last year. If you remember, those were: 1. Drive Member Value 2. Increase and Diversify Revenue 3. Develop a Long-Term Operating Plan 4. Plan for Management Succession Delivering undiluted community bank advocacy has been, and remains, the primary mission of our association. Increasing and diversifying revenue remains a big challenge, especially with rising expenses and continued industry consolidation. Much more needs to be done in this area in the years ahead. Looking into the future of the association has been the main focus this past year. We’ve explored several Delivering undiluted community bank advocacy has been, and remains, the primary mission of our association. 5 The CommunityBanker
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