On October 1, 2020, Virginia National Bankshares Corporation (Virginia National), the holding company for Virginia National Bank, and Fauquier Bankshares, Inc., the holding company for The Fauquier Bank, jointly announced a strategic merger of equals. The combined company would have approximately $1.6 billion in total assets and $1.0 billion in assets under management based on June 30, 2020 reported amounts.
Scott Richter, Ben McCall, Lee Lester, Nona Massengill, Marie Yascko-Rosado, Conrad Garcia and Anna Derewenda are guiding Virginia National in the merger process.