Friday, May 27 2022

PRINCE GEORGE, Va., May 10, 2022 /PRNewswire/ — Touchstone Bankshares, Inc. (the “Company”) (OTC Pink: TSBA), the holding company of Touchstone Bank, (the “Bank”) announced today that Mr. Jeffery Salmon has been appointed Vice -Principal President, Head of the Bank’s Secondary Market. Mr. Salmon is a seasoned mortgage sales professional with extensive experience in new business development. He brings 18 years of banking experience to the Bank, most recently as Director of Mortgage Sales at Essex Bank, Glen Allen, Virginia. There, the secondary mortgage business unit he led experienced unprecedented growth.

James R.BlackPresident and Chief Executive Officer, said, “I am delighted to have Jeff join us to lead the expansion of our secondary mortgage unit. Jeff has extensive experience in the mortgage industry, having previously built and led secondary mortgage business units during his career. Jeff brings the talent and passion that can further leverage our existing program, while complementing the values ​​of Touchtone Bank.”

Ms. Salmon said, “I am proud to join the Touchstone team and look forward to leading and growing our secondary mortgage business unit. Our partnership with strong leadership across the organization will enable us to achieve our long-term strategic growth objectives. ”

About Touchstone Bankshares, Inc.

Touchstone Bankshares, Inc. is the bank holding company of Touchstone Bank. Most of the Company’s business activities are conducted through Touchstone Bank. Touchstone Bank is a full-service community bank headquartered in Prince George, Virginia. The Bank has 10 branches serving the South and Central Virginia and two branches and two loan centers serving Northern North Carolina. Visit the for more information.

Forward-looking statements

In addition to historical information, this press release may contain certain forward-looking statements. For this purpose, any statement that is not a statement of historical fact may be deemed to be a forward-looking statement. Forward-looking statements are subject to numerous assumptions, risks and uncertainties, and actual results could differ materially from historical results or from those anticipated by such statements. Factors that may cause actual results to differ materially from those contemplated by these forward-looking statements include, but are not limited to, the impacts of the ongoing COVID-19 pandemic; changes in interest rates and general economic conditions; legislative/regulatory climate; US government monetary and fiscal policies; the quality or composition of loan or investment portfolios; application for loan products; deposit flows; competition; demand for financial services in the Company’s market area; mergers, acquisitions and divestitures; the implementation of new technologies and the ability to develop and maintain secure and reliable electronic systems; and tax and accounting rules, principles, policies and guidelines.

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