Fair Money & Economic Opportunity

Virginia National Bankshares Corporation invested $2.4 million in affordable housing projects in 2023.

This represents approximately 0.13% of its total loan portfolio of $1.87 billion, falling under 2% of the portfolio for inclusion initiatives. In 2023, the company conducted 4 fair lending audits and paid $0 in regulatory fines. However, it also had 6 UDAAP (Unfair, Deceptive, or Abusive Acts or Practices) violation investigations in the same year. The bank renewed its contract with EVERFI in October 2022 to provide financial literacy courses to high schools and adult education programs, but no quantitative data on reach or outcomes is provided.

Fair Pay & Worker Respect

The company has no collective bargaining unit representation for its employees as of December 31, 2024.

Employee reviews from 2013-2023 indicate an overall satisfaction rating of 2.8 out of 5 stars, which is 25% below the industry average for Financial Services. Specific ratings include 2.7/5 for culture and values, 2.0/5 for management, and 2.0/5 for job security and advancement. The voluntary employee turnover rate was 18.7% in 2024. Employee reviews mention a 401k plan with a 100% match and other benefits, but also cite below-market pay and unfairness. The company provides health insurance, with 65-75% of employees covered by employer-funded plans.

Kind to Animals

Virginia National Bank (VNB) is a financial services company, and as such, most KPIs related to product manufacturing, animal testing, or animal agriculture are not applicable. The provided articles indicate VNB's support for the Charlottesville/Albemarle SPCA as an ongoing 'Pawtner' and through funding key programs.

Additionally, VNB's President and CEO, Glenn Rust, served as Chair of the SPCA's Board of Directors for nine years (2008-2016). However, these activities, while beneficial for domestic animal welfare, do not directly provide specific, concrete data points that align with the quantitative thresholds or definitions of the provided KPIs, which often require percentages of products, operations, or revenue, or specific policy advocacy actions. Therefore, no KPIs can be scored based on the evidence.

Safe & Smart Tech

Virginia National Bankshares Corporation (VABK.US) reported no material cybersecurity incidents in 2024.

The company states it protects personal information from unauthorized access and use, and there are no documented incidents of unauthorized data use. VABK.US uses security measures that comply with federal law, adheres to relevant cybersecurity regulations and standards, and leverages frameworks such as NIST. It maintains a comprehensive incident response plan and regularly reviews and enhances its cybersecurity program. The company mentions periodic security testing by external firms and uses data encryption, access controls, and multi-factor authentication. However, customers cannot limit sharing for everyday business purposes, marketing purposes, joint marketing, or affiliates' everyday business purposes regarding transactions and experiences. They can limit sharing for affiliates' everyday business purposes regarding creditworthiness, affiliates marketing to them, and nonaffiliates marketing to them.

Zero Waste & Sustainable Products

The provided articles do not contain any specific, quantitative data points related to Virginia National Bankshares Corporation's performance in waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.

Therefore, an assessment against the 'Zero Waste & Sustainable Products' value cannot be made based on the available evidence.