<html>
  <head>
    <title></title>
    <!-- Licensed to: Williams
         Document created using EDGARfilings PROfile 6.0.0.0
         Copyright 1995 - 2019 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div>
      <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 1pt; font-size: 8pt;">&#160;</div>
    </div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">WASHINGTON, D.C. 20549</div>
    <div style="font-size: 8pt;">&#160;</div>
    <div>
      <div style="text-align: center; margin-right: 216pt; margin-left: 216pt; font-size: 8pt;">&#160;</div>
    </div>
    <div style="font-size: 8pt;">&#160;</div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">FORM 8-K</div>
    <div style="font-size: 8pt;">&#160;</div>
    <div>
      <div style="text-align: center; margin-right: 216pt; margin-left: 216pt; font-size: 8pt;">&#160;</div>
    </div>
    <div style="font-size: 8pt;">&#160;</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">CURRENT REPORT</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">PURSUANT TO SECTION 13 OR 15(d) OF THE</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="font-size: 8pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold;">Date of report (Date of earliest event reported):&#160; October 9, 2019</div>
    <div style="font-size: 8pt;">&#160;</div>
    <div>
      <div style="text-align: center; margin-right: 216pt; margin-left: 216pt; font-size: 8pt;">&#160;</div>
    </div>
    <div style="font-size: 8pt;">&#160;</div>
    <div style="text-align: center; font-size: 24pt; font-weight: bold;">BAY BANKS OF VIRGINIA, INC.</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">(Exact Name of Registrant as Specified in Charter)</div>
    <div style="font-size: 8pt;">&#160;</div>
    <div>
      <div style="text-align: center; margin-right: 216pt; margin-left: 216pt; font-size: 8pt;">&#160;</div>
    </div>
    <div style="font-size: 8pt;">&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z51f16d00d161459c80a365ee288fa257" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 33.33%; vertical-align: middle;">&#160;</td>
          <td style="width: 33.33%; vertical-align: middle;">&#160;</td>
          <td style="width: 33.33%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">Virginia</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">0-22955</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">54-1838100</div>
          </td>
        </tr>
        <tr>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">(State or Other Jurisdiction</div>
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">of Incorporation)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">(Commission File Number)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">(IRS Employer</div>
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">Identification No.)</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 8pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold;">1801 Bayberry Court, Richmond, Virginia 23226</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">(Address of Principal Executive Offices) (Zip Code)</div>
    <div style="font-size: 8pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold;">Registrant&#8217;s telephone number, including area code: (804) 404-9668</div>
    <div style="font-size: 8pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold;">N/A</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">(Former Name or Former Address, if Changed Since Last Report)</div>
    <div style="font-size: 8pt;">&#160;</div>
    <div>
      <div style="text-align: center; margin-right: 216pt; margin-left: 216pt; font-size: 8pt;">&#160;</div>
    </div>
    <div style="font-size: 8pt;">&#160;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
      following provisions:</div>
    <div style="text-align: justify;">
      <div>&#9744;<font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font>Written communications pursuant to Rule 425 under the
        Securities Act (17 CFR 230.425)</div>
      <div>&#9744;<font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font>Soliciting material pursuant to Rule 14a-12 under the
        Exchange Act (17 CFR 240.14a-12)</div>
      <div>&#9744;<font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font>Pre-commencement communications pursuant to Rule
        14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
      <div>&#9744;<font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font>Pre-commencement communications pursuant to Rule
        13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
    </div>
  </div>
  <div> <br>
  </div>
  <div>
    <div>Securities registered pursuant to Section 12(b) of the Act:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z5e313f9f11224c65b3bb2a855fd7d7a8" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 38.9%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">Title of each class</div>
          </td>
          <td style="width: 24.58%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">Trading Symbol(s)</div>
          </td>
          <td style="width: 36.52%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">Name of each exchange on which registered</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="text-align: center;">None</div>
          </td>
        </tr>

    </table>
  </div>
  <div> <br>
  </div>
  <div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
      <div>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter)
        or Rule&#160;12b-2&#160;of the Securities Exchange of 1934&#160;(&#167;240.12b-2&#160;of this chapter).</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-indent: 24.5pt;">Emerging growth company&#160;&#160;<font style="font-family: 'Segoe UI Symbol';">&#9744;</font></div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
      <div>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
        revised financial accounting standards provided pursuant to Section&#160;13(a) of the Exchange Act.&#160;&#160;<font style="font-family: 'Segoe UI Symbol';">&#9744;</font></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 1pt; font-family: 'Times New Roman',Times,serif; text-indent: 9pt;">
        <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; margin-left: auto; margin-right: auto;">&#160;</div>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%2%%%-->
    <div><br>
    </div>
    <div><font style="font-weight: bold;">Item 5.02</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><font style="font-weight: bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt">&#160;</font>Certain Officers; Compensatory Arrangements of Certain Officers.</font></div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">On October 9, 2019, Douglas F. Jenkins, Jr., Executive Vice President of Bay Banks of Virginia, Inc. (the &#8220;Company&#8221;) and Executive Vice
      President and Chief Banking Officer of Virginia Commonwealth Bank, the Company&#8217;s subsidiary bank (the &#8220;Bank&#8221;), notified the Company of his intent to retire from the Company and the Bank effective January 1, 2020. Following his retirement, Mr. Jenkins
      will serve as a director of VCB Financial Group, Inc., a wholly-owned subsidiary of the Company that provides trust, investment and wealth management services.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">In connection with his retirement, the Bank and Mr. Jenkins entered into a Retirement Agreement, dated October 11, 2019 (the &#8220;Agreement&#8221;),
      subject to a seven-day revocation period at Mr. Jenkins&#8217;s election.&#160; The Agreement provides that, effective upon Mr. Jenkins&#8217;s retirement, the Bank will pay Mr. Jenkins a lump sum of $78,235 (an amount equal to 16 weeks&#8217; salary) and a health
      insurance stipend of $15,000 to assist with health insurance premiums over a period of 24 months.&#160; The Agreement also contains customary release and waiver of claims provisions in favor of the Bank, the Company and Company-related parties.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Pursuant to the terms of the Agreement, the Employment Agreement between the Company and Mr. Jenkins, dated November 2, 2016 (the
      &#8220;Employment Agreement&#8221;), was terminated as of date of the Agreement, except that Mr. Jenkins will be subject to (i) the non-competition and non-solicitation restrictions set forth in the Employment Agreement for a period of 24 months following the
      termination of his employment and (ii) confidentiality and non-disclosure provisions set forth in the Employment Agreement following the termination of his employment.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">The foregoing summary of the Retirement Agreement does not purport to be complete and is qualified in its entirety by reference to the
      Retirement Agreement, which will be filed as an exhibit to the Company&#8217;s Annual&#160; Report on Form 10-K for the year ended December 31, 2019.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">2</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">SIGNATURES</div>
    <div>&#160;</div>
    <div style="text-indent: 36pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
      by the undersigned thereunto duly authorized.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" border="0" id="zc852ce17cb1e4d9083e94033565de29c" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 49.06%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">
            <div style="font-weight: bold;">BAY BANKS OF VIRGINIA, INC.</div>
          </td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 30%; vertical-align: top;">&#160;</td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 30%; vertical-align: top;">&#160;</td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">
            <div>October 15, 2019</div>
          </td>
          <td style="width: 3%; vertical-align: top;">
            <div>By:</div>
          </td>
          <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>/s/ Judy C. Gavant</div>
          </td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 30%; vertical-align: top;">
            <div>Judy C. Gavant</div>
          </td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 30%; vertical-align: top;">
            <div>Executive Vice President and Chief Financial Officer</div>
          </td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 30%; vertical-align: top;">&#160;</td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 30%; vertical-align: top;">&#160;</td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
  </div>
  <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">3</font></div>
</body>
</html>
[{"type": "8-K", "sequence": "1", "filename": "bbvform8k101519.htm", "secsgml_size_bytes": 16551}]
{"company-data": {"conformed-name": "BAY BANKS OF VIRGINIA INC", "cik": "0001034594", "assigned-sic": "6022", "irs-number": "541838100", "state-of-incorporation": "VA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-22955", "film-number": "191151463"}, "business-address": {"street1": "1801 BAYBERRY COURT", "street2": "HILLCREST BUILDING", "city": "RICHMOND", "state": "VA", "zip": "23226", "phone": "804-404-9668"}, "mail-address": {"street1": "P. O. BOX 17310", "city": "RICHMOND", "state": "VA", "zip": "23226"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):  October 9, 2019
BAY BANKS OF VIRGINIA, INC.
(Exact Name of Registrant as Specified in Charter)
Virginia
0-22955
54-1838100
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
1801 Bayberry Court, Richmond, Virginia 23226
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (804) 404-9668
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
      following provisions:
☐
Written communications pursuant to Rule 425 under the
        Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the
        Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule
        14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule
        13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
None
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
        or Rule 12b-2 of the Securities Exchange of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
        revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
On October 9, 2019, Douglas F. Jenkins, Jr., Executive Vice President of Bay Banks of Virginia, Inc. (the "Company") and Executive Vice
      President and Chief Banking Officer of Virginia Commonwealth Bank, the Company's subsidiary bank (the "Bank"), notified the Company of his intent to retire from the Company and the Bank effective January 1, 2020. Following his retirement, Mr. Jenkins
      will serve as a director of VCB Financial Group, Inc., a wholly-owned subsidiary of the Company that provides trust, investment and wealth management services.
In connection with his retirement, the Bank and Mr. Jenkins entered into a Retirement Agreement, dated October 11, 2019 (the "Agreement"),
      subject to a seven-day revocation period at Mr. Jenkins's election.  The Agreement provides that, effective upon Mr. Jenkins's retirement, the Bank will pay Mr. Jenkins a lump sum of $78,235 (an amount equal to 16 weeks' salary) and a health
      insurance stipend of $15,000 to assist with health insurance premiums over a period of 24 months.  The Agreement also contains customary release and waiver of claims provisions in favor of the Bank, the Company and Company-related parties.
Pursuant to the terms of the Agreement, the Employment Agreement between the Company and Mr. Jenkins, dated November 2, 2016 (the
      "Employment Agreement"), was terminated as of date of the Agreement, except that Mr. Jenkins will be subject to (i) the non-competition and non-solicitation restrictions set forth in the Employment Agreement for a period of 24 months following the
      termination of his employment and (ii) confidentiality and non-disclosure provisions set forth in the Employment Agreement following the termination of his employment.
The foregoing summary of the Retirement Agreement does not purport to be complete and is qualified in its entirety by reference to the
      Retirement Agreement, which will be filed as an exhibit to the Company's Annual  Report on Form 10-K for the year ended December 31, 2019.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
      by the undersigned thereunto duly authorized.
BAY BANKS OF VIRGINIA, INC.
October 15, 2019
By:
/s/ Judy C. Gavant
Judy C. Gavant
Executive Vice President and Chief Financial Officer
3