Sonabank Relocates Bethesda Branch to 7700 Wisconsin Avenue - Bethesda, Maryland
MCLEAN, Va., Nov. 1, 2012 (GLOBE NEWSWIRE) -- Sonabank is pleased to announce the relocation of its Bethesda branch to Wisconsin Avenue. The previous branch location on Woodmont Avenue has closed its doors. The new facility, located at 7700 Wisconsin Avenue in the Bethesda Place Plaza, has opened and will accommodate the existing staff and customers.
Sonabank CEO Georgia Derrico commented, "We are excited about the relocation of the Bethesda branch. The new location of the branch provides increased visibility and further opportunity for expansion of the bank. We are looking forward to becoming even more involved in the local community."
As of September 30, 2012 total assets of Southern National Bancorp of Virginia were $708.2 million. Southern National Bancorp of Virginia is traded on NASDAQ under the ticker symbol "SONA". Sonabank is the banking subsidiary of Southern National Bancorp of Virginia. Sonabank operates retail banking offices in McLean, Reston, Herndon, Warrenton (2), Leesburg (2), Charlottesville, Middleburg, Haymarket, Midlothian, Front Royal, New Market, South Riding, Haymarket and Clifton Forge, Virginia and in Maryland, Sonabank has branches in Rockville, Shady Grove, Bethesda, Germantown, and Frederick.
Sonabank recently opened its 20th branch in Haymarket, Virginia.
Headquartered in McLean Virginia, Sonabank is a 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, with extensive experience in Small Business Administration loans as well as other types of financing suited for a variety of businesses. Sonabank offers friendly, personalized service to help meet your financial goals. For more information, visit www.sonabank.com or call (866) 336-4600.
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.