On September 22, 2020, Mary Margaret Kastelberg was appointed to the Boards of Directors of Village Bank and Trust Financial Corp. (the “Company”) and its wholly owned subsidiary, Village Bank, effective as of October 1, 2020. Mrs. Kastelberg is expected to serve on the Board Risk and Compensation Committees of the Board of Directors of the Company. Mrs. Kastelberg is Director of Investment Research at Alpha Wealth Advisors, LLC. Mrs. Kastelberg serves as a board member and former Chair of Commonwealth Catholic Charities and as Secretary of the Board for Benedictine Education Foundation.