Touchstone Bank Names Mr. Joseph Pennington Chief Accounting Officer

10/10/18

Touchstone Bank (OTC Pink: TSBA) is pleased to announce Mr. Joseph Pennington as its new Senior Vice President/Chief Accounting Officer. Mr. Pennington has extensive senior executive banking experience having served as Chief Financial Officer at several institutions, most recently with Southern National Bancorp of Virginia, Inc. (Sonabank). Mr. Pennington holds a Bachelor of Science Degree in Accounting from West Virginia University and is a licensed CPA. Mr. Pennington will transition from his position as Senior Vice President/Chief Accounting Officer to the role of Executive Vice President/Chief Financial Officer effective January 1, 2019. Concurrent with Mr. Pennington's transition, Ms. Vera Primm, Touchstone Bank's Executive Vice President and Chief Financial Officer, will move to the position of Executive Vice President/Chief Accounting Officer.

"We are very pleased to have Joseph join the Touchstone Bank team. His energy, expertise and passion are a natural fit for our culture and future endeavors. Having Joseph join the bank in this role allows for a smooth transition into the Chief Financial Officer position in January. Vera Primm, Chief Financial Officer, has served this role well and will continue to bring value-added expertise in her new position "says James R. Black, President & CEO.

Touchstone Bank is a full-service community bank with approximately $440 million in total assets headquartered in Prince George, Virginia. The Bank has 14 branch locations serving Southern and Central Virginia and Northern North Carolina. Visit www.touchstone.bank for more information.

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