Wardensville native Michael McDonald named CEO of Capon Valley Bank
FOR IMMEDIATE RELEASE
Capon Valley Bank
The board of directors of Capon Valley Bank has announced that Michael McDonald has been named CEO of the bank, effective June 1.
McDonald succeeds Alan L. Brill as CEO. Brill, who will continue serving as bank president and assume a new position as the bank’s business development officer, had been the bank’s CEO since 2001.
McDonald, a native of Wardensville, has worked for Capon Valley Bank since 1995. After two years as a loan officer in the Moorefield office, McDonald was the first branch manager of the Baker office, which opened in 1997. In 2001, McDonald moved to the Wardensville office as a loan officer and later was assistant vice president for loans. For the last nine years he has served as executive vice president of the bank.
“It’s an exciting opportunity to move into this role with Capon Valley Bank,” McDonald said.
“My first job as a teenager was here. I worked with my grandmother, Garnet Kline, who cleaned the bank each evening. I saw from my family’s perspective the important role the bank played in our lives, both as an employer and as a trusted financial institution.
“I look forward to helping our communities and working with our bank employees. I’m also thankful the bank has provided me the opportunity to work with [the late] Jimmy Dyer, as well as Alfred Ludwig, Les Barr, and Alan Brill, who set great examples for how you should treat people,” McDonald said.
McDonald is a 1986 graduate of East Hardy High School and a 1990 graduate of Marshall University. He also is a graduate of the West Virginia School of Banking and the Graduate School of Banking at Louisiana State University.
McDonald serves on the East Hardy Scholarship Committee and the Hardy County Community Foundation board.
He is the son of Donald McDonald of Wardensville and the late Maxine Kline McDonald.
MCapon Valley Bank, headquartered in Wardensville and a subsidiary of Highlands Bankshares Inc., operates five full-service banking offices located in Wardensville, Moorefield, and Baker, as well as in Gore and Stephens City, Va. Learn more at www.caponvalleybank.com. McDonald and his wife Cherie live in Fulks Run, Va., and are the parents of two daughters, Rachel and Sarah.