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

30 August 2019

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. 

“Rick’s in-depth knowledge of commercial real estate lending and deep network in the Washington Metro area compliments and further strengthens the Old Dominion National Bank lending team.  Rick will significantly contribute to the continued growth of the Bank and our ability to serve the market,” said Executive Vice President and Chief Lending Officer Penny Bladich.

Schoen joins Old Dominion from Presidential Bank, where he most recently served as Senior Vice President and Market Manager for Virginia.  Prior to that, he was a Senior Vice President with Cardinal Bank for seven years until its sale to United Bank in 2017. From 2002 to 2010 Schoen worked for Acacia Federal Savings Bank.  He began his career in the mid-1980s at Virginia National Bank, where he continued to work through its eventual growth into Bank of America. 

“At Old Dominion, we believe the way to become the premier community bank in our markets is by providing high-touch, relationship-based banking with unparalleled customer service,” Chairman and CEO Mark S. Merrill commented.  “That’s only possible by recruiting and retaining the absolute best in the business – and Rick is the latest example of top talent joining our growing community bank.  His addition further elevates our seasoned production team’s experience in and understanding of the Greater Washington real estate market, and we look forward to continuing to help our customers succeed here.”

Schoen earned his Bachelor of Business Administration from the College of William and Mary and his Master of Science in Business, with a concentration in Real Estate and Urban Land Development, from Virginia Commonwealth University.  He serves on the Real Estate Finance Committee of the Northern Virginia Building Industry Association.  A Northern Virginia resident for more than 25 years, Schoen currently lives in Fairfax County.