8-K

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): December 7, 2017

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, VA 23226

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (844) 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 (see General Instruction A.2. below):

¨ 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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

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 8.01 Other Events.

On December 7, 2017, Bay Banks of Virginia Inc. declared a quarterly cash dividend to shareholders of $0.04 per share. The dividend is payable December 29, 2017 to shareholders of record December 22, 2017.

Item 9.01   Exhibits.

(d)   Exhibits.

Exhibit No.	Description
99.1	Bay Banks of Virginia, Inc. press release dated December 8, 2017.

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.

By:  /s/ James A. Wilson, Jr.

James A. Wilson, Jr.

Chief Financial Officer

December 8, 2017

EXHIBIT INDEX

Exhibit No.	Description
99.1	Bay Banks of Virginia, Inc. press release dated December 8, 2017.

EX-99.1

Bay Banks of Virginia, Inc. Announces Fourth Quarter 2017 Dividend

RICHMOND, Va., Dec. 8, 2017 /PRNewswire/ -- Bay Banks of Virginia, Inc. (OTCQB: BAYK), parent company of Virginia Commonwealth Bank and VCB Financial Group, announced its Board of Directors has declared a quarterly cash dividend to shareholders of $0.04 per common share, payable December 29, 2017, to shareholders of record December 22, 2017.

About Bay Banks of Virginia, Inc.

Bay Banks of Virginia, Inc. is the holding company for Virginia Commonwealth Bank and VCB Financial Group. Founded in the 1930's, Virginia Commonwealth Bank is headquartered in Richmond, Virginia. With 18 banking offices located throughout the Richmond market area, the Northern Neck region, the Tri-Cities area of Petersburg, Hopewell and Colonial Heights, Middlesex County and Suffolk, the Bank serves businesses, professionals and consumers with a wide variety of financial services, including retail and commercial banking and mortgage banking. VCB Financial Group provides management services for personal and corporate trusts, wealth management services, estate planning, estate settlement, and trust administration.

Shares of Bay Banks of Virginia, Inc. are traded on the OTC Markets Group's OTCQB tier under the symbol "BAYK."

For further information, contact Randal R. Greene, President and Chief Executive Officer, at 844-404-9668 or inquiries@baybanks.com.