Virginia Association of Community Banks
VACB’s mission is to assist its members in serving their shareholders, customers, employees and community in a competent and profitable manner and to represent the membership by promoting a unified philosophy. Membership: $800-$1,300 (Associate-Business, based on number of employees).
Organization Type:
State or Regional Association
Tax Exempt Status:
501(c)(6)
Industry:
Banking/Finance/Investments, Governments (Local/State/Federal/Foreign), Banking/Credit & Finance/Savings & Loan, State
Address:
7204 Glen Forest Dr
STE 101 Richmond, VA 23226-3778
Members:
73 Associate Members, 48 Bank Members and 5 Endorsed Providers
Other Addresses
Address:
10089 Fairfax BlvdCO MainStreet Bank, Fairfax VA 22030
Address:
PO Box 2853CO Virginia National Bank, Charlottesville VA 22902
Address:
PO Box 336CO Bank of Charlotte County, Phenix VA 23959
Financial Snapshot
Total revenues: $805,402
Year - 2024
1st-yr growth
10.77%
Year by Year
Revenue
EDUCATION INCOME
MEMBERSHIP DUES
CONVENTION INCOME
Other
Total expenses: $899,794
Year - 2024
1st-yr growth
15.72%
Year by Year
Expenses
Other expenses
Compensation of current officers, directors, etc
Compensation for non-officers/directors
Other
Total assets: $471,124
Year - 2024
1st-yr growth
-26.85%
Year by Year
Assets
Savings and temporary cash investments
Other assets
Land, buildings, & equipment (net)
Other
Total Liabilities: $139,397
Year - 2024
1st-yr growth
-23.04%
Year by Year
Liabilities
Unsecured mortgages and notes payable
Other liabilities
Deferred revenue
Other