Creating Thriving Communities LETTER FRoM THE PRESIDEnT & CEo C ommunity is at the center of everything we do—including our name. For seven years, Virginia Community Capital (VCC) has collaborated with a wide assortment of partners across the Commonwealth to support communities. VCC and our affiliate bank, Community Capital Bank of Virginia (CCB), invest in communities with a variety of tools and services: • We provide flexible loan capital for projects catalyzing revitalization of underserved regions. • We cultivate support for projects and localities by encouraging impact investing, adopting an integrated capital approach where banks, foundations, corporations, and individuals can customize investments to maximize regional or state-wide impact. • We convene stakeholders from a broad spectrum—federal and state agencies to private and corporate investors—to discuss challenges and identify innovative and creative solutions for community development. • We supply “boots-on-the-ground” advisory services for businesses, communities, and nonprofits seeking to boost their capacity—financial, social, human, and intellectual—to create sustainable and equitable communities. • We educate on the importance of savings and demonstrate how our depositors—institutional and individual—can accomplish their goals, whether they are revitalizing their own Main Street or saving for college. In 2012, we conducted our second Brand Awareness study. Thank you for your input! This feedback and evaluation is an essential ingredient to our success. This year’s survey reinforced how VCC’s flexibility and innovative capital continue to create thriving Virginia communities. The study also alerted us to some things we need to strengthen. For example, while our complexity creates many solutions for customers and partners, understanding the full scope of VCC is not easy. We must communicate better across multiple sectors—public, private, philanthropic, and nonprofit—to find common language that lets us collaboratively seek community investment answers that build viable and vibrant regions. These challenges are part of the energy and excitement the VCC team experiences every day. Complexity adds to these challenges, and we find fulfillment in building collaborative and innovative community finance and development results for Virginia. As partners in the process, your importance can never be overstated. your trust and commitment to VCC keeps us focused on our core principles. you help us “do more, together” and we are grateful to have you along at a time when community investments for affordable housing, economic development, job creation, and small business development are needed more than ever. Creating Thriving Communities is the theme for our 2012 Annual Report. Come “visit” three Virginia communities—Richmond’s East End, onancock, and Danville—featured in our report and see how deeply invested VCC is in “creating thriving communities,” the focus of our mission and the center of everything we do. Jane n. Henderson, President & CEo