Robert E. Sevila Not to Stand for Re-Election to the Boards of Bank of Clarke County and Eagle Financial Services, Inc
April 17, 2020 at 01:02 pm
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The Bylaws of Bank of Clarke County (the Bank), a wholly owned subsidiary of Eagle Financial Services, Inc. (the Company), provide that no director of the Bank will be elected if he or she reaches age 75 prior to the annual meeting of shareholders at which an election of directors is held. As a result of this provision, Robert E. Sevila will not stand for re-election to the Board of Directors of the Bank and Company at the Company's 2020 annual meeting of shareholders (the Annual Meeting).
Eagle Financial Services, Inc. is a bank holding company for Bank of Clarke (the Bank). The Bank offers a range of retail and commercial banking services, including demand, savings and time deposits and consumer, mortgage and commercial loans. The Company operates in three reportable business segments through the Bank: community banking, marine lending and wealth management. The Bank has over 13 full-service branches, two loan production offices, and one drive-through-only facility. The Bank has over 13 automated teller machine (ATM) locations in its trade area, and issues debit cards to deposit customers. The Bank offers telephone banking, Internet banking, and mobile banking to its customers. The Bank offers other commercial deposit account services, such as automated clearing house origination and remote deposit capture. The Bank has Virginia offices located in Clarke County, Frederick County, Fauquier County, Loudoun County, Fairfax County and other locations.