On January 19, 2017, Mr. Dusty West notified Board of Directors of Uwharrie Capital Corp. that he will not stand for re-election as a director at the company’s 2017 annual meeting of shareholders. Effective January 20, 2017, the company elected to add Brendan P. Duffey, who is the company’s Chief Operating Officer, as a participant under the company’s Bank Owned Life Insurance Plan.