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ODNB and Centre 1st Bank Secure $301 Million in PPP Funds for Small Businesses and Nonprofits

Posted on 5/24/2021 by in 2021

TYSONS CORNER, Va. and STATE COLLEGE, Pa., May 19, 2021 — Old Dominion National Bank announced that ODNB and its Centre 1st Bank division secured $301 million in funding for more than 700 small businesses and nonprofits through the Paycheck Protection Program (PPP) before the U.S. Small Business Administration (SBA) announced in May that federal funds for the initiative were exhausted.

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Robert Hubbell and William Reilly Join Old Dominion National Bank’s Board of Directors

Posted on 2/22/2021 by in 2021

TYSONS CORNER, Va., February 22, 2021 — Old Dominion National Bank appointed Robert Hubbell and William Reilly to its Board of Directors. The two new directors, both based in the Washington, D.C. metro area, bring extensive knowledge and experience of the local business community and corporate board experience to ODNB.

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Former D.C. Mayor Anthony Williams Joins Old Dominion National Bank’s Board of Directors

Posted on 10/28/2020 by in 2021

TYSONS CORNER, Va., October 27, 2020 — Old Dominion National Bank appointed Former Mayor Anthony A. Williams, who served as the mayor of Washington D.C. from 1999 through 2007, to its Board of Directors.

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Centre1st Bank’s Parent Company Appoints Pennsylvania State Senator Jake Corman to Board of Directors

Posted on 10/27/2020 by

STATE COLLEGE, Pa., October 27, 2020 — The parent company of Centre1st Bank, a Division of Old Dominion National Bank, has appointed Jacob “Jake” Doyle Corman III to its Board of Directors.

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ODNB Named to Washington Business Journal's Fastest Growing Companies

Posted on 9/20/2020 by in 2020

ODNB is proud to announce that our Bank has been named among the Washington Business Journal's 75 Fastest Growing Companies. We are extremely thankful for all the hard work of our staff, and the partnership of all our customers.

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Old Dominion National Bank Board Names Daniel M. Harrington Vice Chairman

Posted on 8/31/2020 by in 2020

TYSONS CORNER, Va. and STATE COLLEGE, Pa., August 31, 2020 — The Board of Old Dominion National Bank has appointed Daniel M. Harrington to serve as vice chairman, succeeding Wesley Yuan, who remains a director of the bank.

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ODNB and Centre1st Bank Secure $152.7 Million For Small Businesses and Nonprofits Through the Paycheck Protection Program

Posted on 4/28/2020 by in 2020

ODNB has helped 353 new and existing customers in the Washington D.C. metropolitan area, Central Pennsylvania, and other market areas secure SBA-backed loans through the Paycheck Protection Program.

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WBJ: ODNB “a rare institution” accepting CARES Act Paycheck Protection Program (PPP) applications from new customers

Posted on 4/10/2020 by

“I’ve talked to a lot of small businesses because they are bringing the employees back,” said [ODNB CEO Mark] Merrill, whose bank a rare institution that’s accepting PPP applications from new customers so long as they open a deposit account with the bank. “They have developed a group that was working extremely well when the virus hit, and they don’t want to dismantle it because they are just not going to get it back.”

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Old Dominion National Bank Strengthens Board with Three Washington Metro Area Directors

Posted on 11/29/2019 by in 2019

TYSONS CORNER, Va., December 11, 2019 — Old Dominion National Bank announced that it has named Jim Abdo, Jennifer Bognet and Mindi McClure to its Board of Directors. The three new directors, each based in the Washington metro area, bring deep commercial real estate and corporate board experience to ODNB.

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Old Dominion National Bank Raises $22.4 Million in New Capital in Latest Private Placement Offering

Posted on 11/28/2019 by

TYSONS CORNER, Va., November 27, 2019 —Old Dominion National Bank announced that it has successfully completed a private placement offering of common equity, raising $22.4 million from accredited individual investors. This new funding will support the community bank’s continued organic growth and expansion throughout its Washington metro, Central Pennsylvania and Charlottesville markets.

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