WBJ: ODNB “a rare institution” accepting CARES Act Paycheck Protection Program (PPP) applications from new customers

10 April 2020

Washington Business Journal (April 10, 2020) - Andy Medici, Staff Reporter

“I’ve talked to a lot of small businesses because they are bringing the employees back,” said [ODNB CEO Mark] Merrill, whose bank a rare institution that’s accepting PPP applications from new customers so long as they open a deposit account with the bank. “They have developed a group that was working extremely well when the virus hit, and they don’t want to dismantle it because they are just not going to get it back.”

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Old Dominion National Bank Strengthens Board with Three Washington Metro Area Directors

TYSONS CORNER, Va., December 11, 2019 — Old Dominion National Bank announced that it has named Jim Abdo, Jennifer Bognet and Mindi McClure to its Board of Directors.  The three new directors, each based in the Washington metro area, bring deep commercial real estate and corporate board experience to ODNB.

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Old Dominion National Bank Raises $22.4 Million in New Capital in Latest Private Placement Offering

TYSONS CORNER, Va., November 27, 2019 —Old Dominion National Bank announced that it has successfully completed a private placement offering of common equity, raising $22.4 million from accredited individual investors. This new funding will support the community bank’s continued organic growth and expansion throughout its Washington metro, Central Pennsylvania and Charlottesville markets.

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Old Dominion National Bank Names Richard Schoen SVP, Commercial Real Estate Lender

The 35-year banking veteran’s hire comes as the locally-owned community bank continues to attract a growing number of customers in the Capital Region

 

TYSONS CORNER, Va., August 30, 2019 —Old Dominion National Bank today announced the appointment of Richard Schoen to serve as a Senior Vice President and Commercial Real Estate Lender.  In his new role, Schoen will focus on residential and commercial real estate lending throughout the greater Washington, D.C. area, where he has spent much of his 35-year career building long-lasting, trustworthy customer relationships. 

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VisionBank Founders Join Old Dominion National Bank to Make a True Community Banking Experience More Widely Available in Greater Washington

TYSONS CORNER, Va., August 6, 2019 — Founders of VisionBank (In Organization) have agreed to join Old Dominion National Bank to help bolster the bank’s mission to provide a true community banking experience to growing numbers of businesses and individuals throughout the Washington, D.C. metro area. 
The boards of directors of both Old Dominion and VisionBank unanimously approved the agreement.  Melinda H. McClure, VisionBank’s Chairman and CEO, will join Old Dominion as Executive Vice President and Chief Strategy Officer.  Richard D. Horn, VisionBank’s Chief Operating Officer and General Counsel, is also joining Old Dominion as Executive Vice President and General Counsel of the established community bank. 

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WBJ reports on VisionBank Founders Joining Old Dominion

Washington Business Journal (August 6, 2019) - Andy Medici, Staff Reporter

Tysons-based bank-in-organization VisionBank is dropping it’s bid to become Greater Washington’s next new bank — with its leaders joining up with an existing Tysons bank, Old Dominion National Bank, instead.

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