ANCX Access National Corp.

Access National Bank Earns Awards for the Most SBA Loans in the Northern Virginia Market by the Business Finance Group

Access National Bank was honored at the Business Finance Group’s annual holiday event with three awards for the Bank’s contribution to SBA lending. Access National earned recognition for being the top referring bank to the Business Finance Group among Virginia lenders in 2016 with nine loans totaling $9.6 million. These loans positively impacted the local Northern Virginia economy by creating and/or retaining 92 jobs, with job creation being a primary goal of SBA 504 loan financing.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161221005151/en/

(L-R) Bob Carpenter, Financial Analyst, SBA 7(a) Program, Linda Riley, Chief Officer, SBA 504 Progra ...

(L-R) Bob Carpenter, Financial Analyst, SBA 7(a) Program, Linda Riley, Chief Officer, SBA 504 Program, Mike Clarke, CEO, Access National Bank, Kerry Donley, Chairman, Business Finance Group (Photo: Business Wire)

Additionally, two of the Bank’s tenured commercial lending officers were recognized for their individual efforts. Wonju Song, SVP, Commercial Lending, won first place for being the top producing individual lender with SBA loans totaling $3.7 million. Ms. Song has been with Access National Bank since 2011, providing her in-depth SBA lending expertise which spans her 18 year career in the banking industry. Andy Kalin, SVP, Commercial Lending, was the recipient of the second place award with $1.7 million in loans. Mr. Kalin has been with Access National since 2002 with 35 years in commercial banking and a track record of providing his clients with on-target financing and cash management solutions.

“It’s a true honor to be recognized for the Bank’s commitment to SBA lending, no less to receive a hat-trick with three awards and I am extremely proud of Wonju and Andy’s SBA lending prowess,” said Mike Clarke, CEO, Access National Bank. "The awards help recognize the SBA lending expertise that our staff has along with our dedication to simplifying the process so businesses can focus on creating and retaining jobs critical to sustaining the vitality of our community."

About the Business Finance Group

Established in 1982 as Virginia Asset Financing Corporation, Business Finance Group now serves Virginia, Maryland, Washington, DC and four counties in West Virginia, providing economic development loans via the U.S. Small Business Administration’s 504 loan program and Community Advantage loan program. Business Finance Group has originated over $4 billion in loans resulting in over 41,000 jobs created and/or retained for businesses in our service area.

About Access National Bank

Access National Bank was founded in 1999 by professional bankers and business people. It is an independent, nationally chartered bank based in Reston, Virginia that serves the Greater Washington DC Metropolitan area. Access National Bank is a subsidiary of Access National Corporation and trades on the NASDAQ Global Market under the symbol “ANCX”. Additional information is available at www.AccessNationalBank.com. Member FDIC.

EN
21/12/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Access National Corp.

MarketLine Department
  • MarketLine Department

Enterprise Financial Services Corp - Mergers & Acquisitions (M&A), Par...

Summary Marketline's Enterprise Financial Services Corp Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Enterprise Financial Services Corp - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partne...

 PRESS RELEASE

Access National Finishes Year with Exceptional Loan Growth

RESTON, Va.--(BUSINESS WIRE)-- Access National Corporation (NASDAQ: ANCX) (the “Corporation” or “Access”), parent company for Access National Bank (the “Bank”) and Middleburg Investment Group, reported fourth quarter 2018 net income of $8.7 million, or $0.41 per diluted share. This represents the Corporation’s 74th consecutive quarterly profit over its 76 quarter history. Due to the timing of the pending merger with Union Bankshares (“Union”), the Access Board of Directors did not declare a dividend for this reporting period. ...

 PRESS RELEASE

Access National Bank Promotes Chhaya Muth to Vice President to Continu...

ALEXANDRIA, Va.--(BUSINESS WIRE)-- Access National Bank (“Access”) has promoted Chhaya Muth to Vice President to continue leading its fastest-growing Financial Service Center (“FSC”) in Alexandria. “I am thrilled to be part of the Access team and contribute to our success in Alexandria,” Muth said. “I look forward to continuing to help my current clients, business partners, and prospects achieve new financial heights.” Muth joined the Bank in 2016 upon the opening of its Alexandria FSC. Under his leadership, t...

 PRESS RELEASE

Access National Bank Promotes Chhaya Muth to Vice President to Continu...

ALEXANDRIA, Va.--(BUSINESS WIRE)-- Access National Bank (“Access”) has promoted Chhaya Muth to Vice President to continue leading its fastest-growing Financial Service Center (“FSC”) in Alexandria. “I am thrilled to be part of the Access team and contribute to our success in Alexandria,” Muth said. “I look forward to continuing to help my current clients, business partners, and prospects achieve new financial heights.” Muth joined the Bank in 2016 upon the opening of its Alexandria FSC. Under his leadership, t...

 PRESS RELEASE

Access National Bank Promotes Chhaya Muth to Vice President to Continu...

ALEXANDRIA, Va.--(BUSINESS WIRE)-- Access National Bank (“Access”) has promoted Chhaya Muth to Vice President to continue leading its fastest-growing Financial Service Center (“FSC”) in Alexandria. “I am thrilled to be part of the Access team and contribute to our success in Alexandria,” Muth said. “I look forward to continuing to help my current clients, business partners, and prospects achieve new financial heights.” Muth joined the Bank in 2016 upon the opening of its Alexandria FSC. Under his leadership, t...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch