TYSONS CORNER, Va., August 16, 2018 — Old Dominion National Bank was released from its June 2010 formal agreement with the Office of the Comptroller of the Currency (OCC) on July 26, 2018, as recently announced by the OCC. The formal agreement with the OCC required that the Bank be restored to a safe and sound condition by improving and adhering to sound strategic planning, capital, and credit administration practices.Read More
16 August 2018
Key story highlights:
Old Dominion National Bank has raised $38.7 million in an oversubscribed round.
The bank continues to pivot from a Charlottesville, Virginia-based bank to one based in Tysons.
The bank will hit $300 million in assets in 12 months, CEO Mark Merrill says.
19 June 2018
Tysons Corner community bank completes second common equity offering in 18 months to raise a total of nearly $69 million from shareholders largely in the D.C. area and PennsylvaniaRead More
17 May 2018
TYSONS CORNER, Va., April 12, 2018 – Old Dominion National Bank today announced the appointment of Lilah Yosufy to serve as Senior Vice President and Managing Director of Business Development. Yosufy, a proven leader with extensive experience and knowledge of sophisticated treasury services, will work closely with the Bank’s Chief Lending Officer Kevin Albrigo and commercial banking team, based in Old Dominion’s Tysons Corner executive offices.Read More