Community Values

Offering community-based trust and investment services was a key priority for the founders of Virginia National Bank.  In 2000, approximately 24 months after opening the commercial bank, the VNB Trust Division was launched to provide families and institutions with a local, independent, and deeply experienced investment team both committed and incentivized to achieve the long-term financial goals of our clients.

In 2007, with more than $170 million under management, VNBTrust was created as a wholly-owned subsidiary of VNB.  This was done with three key objectives:  to build on early success, to create and operate investment funds, and to provide a culture geared toward performance - giving investors a clear alternative to the satellite offices of banks and financial institutions based elsewhere.  Today, VNBTrust, NA manages more than $400 million in assets.  As of February 2010, employees and directors of VNBTrust and Virginia National Bank have approximately $50 million in assets managed by VNBTrust. 

As a national trust bank, VNBTrust is regulated by the Office of the Comptroller of the Currency (OCC).  VNBTrust custodies its assets with Northern Trust and JP Morgan.   VNBTrust's auditors are BDO USA, LLP and Dixon Hughes Goodman, LLP. The accountant and fund administrator is Hantzmon & Wiebel, LLP, and legal counsel is Seward and Kissel, LLP.

In addition to returns that have run significantly ahead of the broad market indexes, investors enjoy direct access to the portfolio management team.  Investors are not subject to corporate strategies and dictates that place the profitability of the firm above the financial needs of the client.