Fauquier Bankshares, Inc. (NASDAQ: FBSS) and its principal subsidiary, The Fauquier Bank (the “Bank”), are pleased to welcome James (Jim) E. Spedden, Jr. as the SVP Director of Commercial Banking.
Mr. Spedden brings to the Bank 30 years of experience in the financial services industry. Prior to joining the Bank, Mr. Spedden served as a VP Team Leader of Commercial Real Estate Finance at M&T Bank. Previous to his position at M&T Bank, Mr. Spedden worked as an SVP of Commercial Real Estate at Sandy Spring Bank in Fairfax, Va. Marc Bogan, President and CEO of The Fauquier Bank says, “Our commercial banking line of business is our largest revenue driver, and having someone with Jim’s background and experience will be a significant addition to our organization in Fauquier and Prince William counties”.
Mr. Spedden’s entire commercial banking career has been based in the Northern Virginia market. He says, “I am honored to join the exceptional team at The Fauquier Bank, celebrating its 115th year as the premier community bank in this market. TFB’s focus on relationship banking with the delivery of advanced products and excellent customer service sets an industry standard. I look forward to continuing the Bank’s outstanding tradition of serving as a trusted advisor to our customers, and as a corporate steward to the communities we serve.”
Mr. Spedden has a Bachelor’s degree from the University of Virginia with concentrations in Finance and Human Resource Management. He previously served as a Director and Finance Committee Chairman for the Fellowship Square Foundation, a non-profit providing affordable senior housing in the Washington Metropolitan area. Mr. Spedden also served on the Board of Directors and as Vice Chairman of Wesley Housing Development Corporation, a non-profit housed in the Washington Metropolitan area. Most recently, Mr. Spedden was involved with the local board of the Real Estate Lenders Association.
Mr. Spedden is a 15 year resident of Prince William County, VA, and enjoys spending his spare time with his wife, Jennifer, and two children. Hobbies include traveling with his family, bike riding, and exercise.
Fauquier Bankshares, Inc. and its principal subsidiary, The Fauquier Bank, had combined assets of $631.7 million and total shareholders’ equity of $57.2 million at September 30, 2017. The Fauquier Bank is an independent, locally-owned, community bank offering a full range of financial services, including internet banking, commercial, retail, insurance, wealth management, and financial planning services through banking offices in Fauquier and Prince William Counties in Virginia. Additional information is available at www.TFB.bank or by calling Investor Relations at (800) 638-3798.
Contact: Katie Wilcox