News & Announcements - Page 2
Access National Bank Earns Awards for the Most SBA Loans in the Northern Virginia Market by the Business Finance Group
December 21, 2016 — Access National Bank was honored at the Business Finance Group’s annual holiday event with three awards for the Bank’s contribution to SBA lending. Access National earned recognition for being the top referring bank to the Business Finance Group among Virginia lenders in 2016 with nine loans totaling $9.6 million. These loans positively impacted the local Northern Virginia economy by creating and/or retaining 92 jobs, with job creation being a primary goal of SBA 504 loan financing.
Additionally, two of the Bank’s tenured commercial lending officers were recognized for their individual efforts. Wonju Song, SVP, Commercial Lending, won first place for being the top producing individual lender with SBA loans totaling $3.7 million. Ms. Song has been with Access National Bank since 2011, providing her in-depth SBA lending expertise which spans her 18 year career in the banking industry. Andy Kalin, SVP, Commercial Lending, was the recipient of the second place award with $1.7 million in loans. Mr. Kalin has been with Access National since 2002 with 35 years in commercial banking and a track record of providing his clients with on-target financing and cash management solutions.
“It’s a true honor to be recognized for the Bank’s commitment to SBA lending, no less to receive a hat-trick with three awards and I am extremely proud of Wonju and Andy’s SBA lending prowess,” said Mike Clarke, CEO, Access National Bank. "The awards help recognize the SBA lending expertise that our staff has along with our dedication to simplifying the process so businesses can focus on creating and retaining jobs critical to sustaining the vitality of our community."
Photo Credits: (L-R) Bob Carpenter, Financial Analyst, SBA 7(a) Program, Linda Riley, Chief Officer, SBA 504 Program, Mike Clarke, CEO Access National Bank, Kerry Donley, Chairman, Business Finance Group
Established in 1982 as Virginia Asset Financing Corporation, Business Finance Group now serves Virginia, Maryland, Washington, DC and four counties in West Virginia, providing economic development loans via the U.S. Small Business Administration’s 504 loan program and Community Advantage loan program. Business Finance Group has originated over $4 billion in loans resulting in over 41,000 jobs created and/or retained for businesses in our service area.
Access National Bank is Now Open in Alexandria
November 28, 2016 — Access National Bank is pleased to announce the opening of our new Alexandria Banking Center, located in the Carlyle District at 2050 Ballenger Avenue — steps away from the US Eastern District Courthouse and the USPTO main campus. The new office officially opened for business on November 22.
The opening of this new Banking Center will allow Access National to better support Alexandria’s vibrant business and nonprofit community. Under the leadership of veteran Alexandria banker and commercial market expert, John McManus, as Senior Vice President, Relationship Manager, and Chhaya Muth, Assistant Vice President, Client Services Manager, the Bank was honored to be awarded the 2016 Alexandria Chamber Rising Star Business Award for its service to the local business community.
The expansion into Alexandria marks the bank’s sixth regional office designed to serve the business and nonprofit community. The Bank offers extensive experience in several key industries including CPA Firms, Legal Services, Medical Practices, National Trade Associations, Nonprofits and Government Contractors. “We’ve been trusted advisors to our clients in Alexandria for a long time now and are thrilled to finally have an Access National Banking Center location in the City,” said Michael W. Clarke, CEO. “We decided to bring our business banking expertise and style of proactive relationship banking to the commercial epicenter of Alexandria with truly exceptional bankers led by John and Chhaya, further solidifying us as the community bank of choice for local businesses.” Clarke concluded, “As we work with Middleburg Financial Corporation on our strategic merger, which we expect to close in the second quarter of 2017, this new Alexandria location is a clear signal that we are still hiring and continuing to expand in metro DC as the bank built for business.”
The Alexandria Banking Center is a full-service location with hours from 9:00 a.m. until 5:00 p.m., Monday – Friday, or by appointment. For inquiries, contact the office at (703) 871-5700 or email John McManus or Chhaya Muth.
Strategic Merger Announcement FAQ Highlights
November 18, 2016 — As follow up to the recent announcement of our strategic merger with Middleburg Financial Corporation, here are answers to some frequently asked questions.
Should I expect any changes? What does the combination with Middleburg Financial mean for my local branch?
- Until the merger closes — which we expect to occur in the second quarter of 2017, subject to regulatory and shareholder approval — Access National and Middleburg Bank will remain separate companies. It remains business as usual and we do not expect any changes to your banking products and services at this time.
- We will preserve Access National Banking Centers in the communities where we are currently located and, following merger closing, will have additional locations to serve you.
- We are excited about our transformational combination with Middleburg Bank and how it will help us better serve our clients through enhanced scale, additional locations throughout the Commonwealth, and a greater selection of product offerings, such as trust services.
- What’s not changing is our commitment to delivering personal service and tailored financial solutions.
What will happen to my accounts? Should I use the same checks, online login credentials and other banking services?
- There will be no changes to your banking products and services at this time.
- For now, it’s business as usual and merger-related decisions will be made with our clients firmly in mind as our past and continued success is due to them.
- Middleburg Bank and Access National utilize the same online banking platform, which will help ensure a seamless transition.
- If there are any changes in the future, you will be notified well in advance. Be assured, whenever possible we will construct any changes so that you will not be required to take action.
Where can I find additional information? Who can I contact if I have any more questions?
- If you have any questions or wish to discuss the merger, please do not hesitate to contact us as you normally would. All of our associates are committed to serving your needs just as we always have.
Press Release: Access National Corporation and Middleburg Financial Corporation Announce Strategic Merger
October 24, 2016 — Access National Corporation (NASDAQ: ANCX) (“Access National”) and Middleburg Financial Corporation (NASDAQ: MBRG) (“Middleburg”) today announced the signing of a definitive agreement to combine in a strategic merger.
The combination creates Virginia’s premier bank, with enhanced scale, improved efficiency and a well-diversified business model. The two companies have highly complementary businesses and geographic footprints. The combination will have greater market reach and product offerings that will enable significant opportunities for growth. Access National’s expertise in business banking, commercial and industrial (C&I) lending and mortgage origination complements Middleburg’s core strengths of serving the depository, custom credit and wealth management needs of professionals and consumers in the affluent Virginia communities west of Washington D.C. and in Richmond. Read the full press release.
Access National Bank: Recognition
October 20, 2016 — We are the proud recipient of the Alexandria Chamber of Commerce 2016 Rising Star Business of the Year Award.
Our New Access National Bank Website is Finally Here!
October 13, 2016 — We Launched Our New & Improved Website
Access National is excited to announce the launch of a new and improved website with improved search capabilities, added business and banking resources, and streamlined content organization. The new interactive website features more options to contact our industry team experts and is designed responsively, so that the same design is optimized for your PC, smartphone and tablet.
What You Can Expect From the New Website:
- An entirely new look
- Easier to find news and announcements
- Product comparison charts
- Expanded business and personal resources including helpful articles and financial tips
- Interactive contact functionality, making it easier to contact us at a time that’s convenient for you
- And much more...explore for yourself
Press Release: New Arlington Banking Center — Coming Soon!
August 24, 2016 — Access National Bank is Expanding into Arlington New Office Opening by Year End
Access National Bank is pleased to announce the expansion of its branch network into Arlington. The new office, located in the Courthouse neighborhood at 2300 Wilson Boulevard, will open by the end of 2016, pending customary regulatory approval. The opening of the Arlington Banking Center marks the bank’s seventh regional office designed to serve the local business and nonprofit community. Read the full press release.
Press Release: New Alexandria Banking Center — Coming Soon!
May 17, 2016 — Access National Bank is Expanding into Alexandria
Access National Bank is pleased to announce the expansion of its branch network into Alexandria. The new office, located in the Carlyle District at 2050 Ballenger Avenue — steps away from the US Eastern District Courthouse and the USPTO main campus — will open in late summer of 2016, pending customary approval by the OCC. Read the full press release.