L. William “Bill” Vasaly, III

L. William “Bill” Vasaly, III
Executive Vice President &
Chief Credit Officer
Bill Vasaly is Executive Vice President/Chief Credit Officer for Bank of Oak Ridge headquartered in Oak Ridge, NC with locations in Oak Ridge, Summerfield and Greensboro, NC.

With 35 years of banking industry experience, Mr. Vasaly has held diverse senior management positions with community banks, regional banks and national banks, including Bank of Oak Ridge, CCB Salem Group (now SunTrust) and Wachovia Corporation (now Wells Fargo Corporation).

With Bank of Oak Ridge since its’ founding in April 2000, Mr. Vasaly first served as Senior Vice President with responsibilities for commercial and retail lending.  At various times he has been responsible for the retail banking and mortgage origination departments.

Immediately prior to joining Bank of Oak Ridge, Mr. Vasaly was First Vice President and Relationship Manager with the CCB Salem Group where he worked in the Professional Banking Group from 1991 through March 2000. He was with Wachovia from 1976 to 1991 and held a variety of management and production positions in corporate and retail banking as well as in credit administration and branch management.

Mr. Vasaly earned his B.S. degree in marketing management from Virginia Tech University.

Mr. Vasaly serves on the Board of Directors of the Triad Chapter of the Risk Management Association and currently holds the office of Vice President. In addition, he is a former Chairman of the Better Business Bureau (BBB) of Northwest North Carolina and a former President of the Twin City Kiwanis Club in Winston-Salem, NC.

His personal interests include golf and fishing, and he is an avid reader. He and his wife have five children and three sons-in-law between them. They will soon have five grandchildren, with three of them having been welcomed into their growing family in 2013.