Southern National Bancorp of Virginia, Inc. is the holding company for Sonabank, a state chartered bank. We opened Sonabank’s first branch on April 14, 2005. We are headquartered in our McLean, Virginia branch, at 6830 Old Dominion Drive. We also have branches in Clifton Forge, Virginia at 511 Main Street, Charlottesville, Virginia, at 1770 Timberwood Boulevard, Reston Virginia at 11527 Sunrise Valley Drive, Fairfax Virginia at 10855 Fairfax Blvd., Warrenton Virginia at 550 Broadview Ave. and Leesburg Virginia at 1 E. Market Street. Other locations include a loan production office at 230 Court Square in Charlottesville and our administrative and loan production office at 550 Broadview Avenue in Warrenton, Virginia. We also have executive offices in Georgetown, Washington D.C. where senior management is located.
Our principal business is the acquisition of deposits from the general public through our branch offices and deposit intermediaries and the use of these deposits to fund our loan and investment portfolios. We seek to be a full service community bank that provides a wide variety of financial services to our middle market corporate clients as well as to our retail clients. We are an active commercial lender, have been designated as a “Preferred SBA Lender” and participate in the Virginia Small Business Financing Authority lending program. In addition, we are an active residential construction lender and offer our retail clients permanent residential mortgage loan alternatives. We also invest funds in mortgage-backed securities, securities sold with an agreement to repurchase, reverse repurchase agreements and securities issued by agencies of the federal government.