As I write this message, your VACB staff is up to its eyeballs in challenging tasks and, in some cases, even impossible missions. It’s simply impossible to predict the course of the Delta variant over the next few weeks, which will determine the eventual nature of our 44th annual convention in Roanoke. Will we be celebrating a renewal of face-to-face relationships held too long in abeyance, or be compelled to convert once again to a virtual convention (Heaven forbid)? By the time you read this, we will know that answer. We’re certainly committed to a successful in-person celebration, and it will be, calamities notwithstanding. But time will tell what kind of success we will share.

As for the immediate challenges we face, we are (1) dealing with a major public policy proposal from a federal government determined to compel banks to provide the IRS with personal account information for businesses and individuals, and (2) battling the unceasing creep of the credit union industry and its “regulator” who are determined to use their lax statutory and regulatory structure to recklessly expand their enterprise, depriving local communities of much needed tax revenue while enjoying a much easier, riskier regulatory environment than their banking competitors.

But it’s important that I take a step away from the immediate crises to honor a leader and mentor who has meant a great deal to me, and even more to VACB.

I first met Pat Satterfield in 2006, as the new Executive Director of the Montana Independent Bankers. Like everyone she met, I was immediately impressed by her unique style and charm. She was bright yet shrewd, elegant yet endearing. From our first conversations, I made clear to her that, at some point “way down the road,” it would be my honor to return to Virginia and continue her work with community bankers here.

In 2011, a variety of unexpected events led us to begin that transition conversation much earlier than either of us had anticipated. It was the most unusually positive recruitment process I have ever experienced, made enjoyable by Pat’s gracious but thorough management. Transitions are seldom perfect, and I’m certain that there were a few times in 2012 when Pat wondered why she would leave an amazing job like the one she had.

Following her retirement from VACB, it was great to keep in touch with Pat. Of course, she had worked with Katharine and Kelli for more than 15 years, so their personal bond remained strong. But we also cherished having Pat as a vibrant member of the VACB family, inviting her to staff celebrations. I enjoyed several catch-up chats with Pat each year and we enjoyed seeing her at conventions.

Pat led VACB for well over half of its current history, and she guided the association away from near collapse onto healthy financial footing. We owe her much. On several occasions, I was pleased to hear her say she was grateful for the continuing presence of VACB, especially in light of the significant challenges facing the industry.

We most certainly look to the future, engaging the many transitions that we must embrace in order to prosper. But we do so with great appreciation for those who have brought us to this place, and no one in VACB history is more deserving of our respect and admiration than Pat Satterfield.