RICHMOND, Va.--(BUSINESS WIRE)--
Southern National Bancorp of Virginia Inc. (NASDAQ:SONA) announced today that its banking subsidiary, Sonabank N.A., has opened a Loan Production Office in Richmond, VA. This complements branches in Charlottesville, Clifton Forge, Reston, McLean, Fairfax, and Warrenton, and Loan Production Offices in Charlottesville and Fredericksburg.
Mr. Aidan Harland, Vice President, heads the Richmond office. Mr. Harland started his banking career in New York City as Vice President for Chemical Bank. He then moved on to become Senior Vice President at Connecticut Bank and Trust working on Corporate and International banking. He was also a Senior Vice President in Corporate Banking at American Express International Bank. Mr. Harland has been a resident of Richmond since 2003 when he was assigned there to start an international department for Southern Financial Bank. He and other Sonabank lending officers have good familiarity with the Richmond market, and will concentrate on small and middle market commercial and industrial lending. He will also handle Ex-Im Bank related credits throughout the state. Sonabank is a Preferred Lending Provider for the SBA through its Richmond office.
Sonabank sees significant opportunities in the Richmond area market, and is pleased to announce this first step.
Headquartered in Charlottesville Virginia, Sonabank is a new regional bank founded by an experienced banking team with over 100 years of banking experience. Sonabank offers a full line of products and services for personal and business banking. Sonabank specializes in small to medium sized business banking. Sonabank has extensive experience in Small Business Administration lending as well as other types of financing suited for small and middle-market businesses.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that relate to future events or the future performance of Southern National Bancorp of Virginia, Inc. Forward-looking statements are not guarantees of performance or results. These forward-looking statements are based on the current beliefs and expectations of the respective management of Southern National Bancorp and Sonabank and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond their respective control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from the anticipated results discussed or implied in these forward-looking statements because of numerous possible uncertainties. Words like "may," "plan," "contemplate," "anticipate," "believe," "intend," "continue," "expect," "project," "predict," "estimate," "could," "should," "would," "will," and similar expressions, should be considered as identifying forward-looking statements, although other phrasing may be used. Such forward-looking statements involve risks and uncertainties and may not be realized due to a variety of factors. Additional factors that could cause actual results to differ materially from those expressed in the forward-looking statements are discussed in the reports (such as Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q) filed by Southern National Bancorp. You should consider such factors and not place undue reliance on such forward-looking statements. No obligation is undertaken by Southern National Bancorp to update such forward-looking statements to reflect events or circumstances occurring after the issuance of this press release.
Source: Southern National Bancorp of Virginia Inc.