Sobonya joins one of the nation’s fastest growing community banks, bringing 17 years of experience in Northern Virginia and Greater Washington

TYSONS CORNER, Va., April 1, 2022—Old Dominion National Bank announced the appointment of Richard M. Sobonya to serve as Senior Vice President, Market Executive - Arlington & DC, Real Estate Lending. He is responsible for serving commercial banking clients, particularly with commercial real estate and construction lending solutions in Arlington, Northern Virginia, and the Washington, D.C. metropolitan area.

“Given our significant growth in recent years, ODNB continues to invest in hiring the strongest talent in the region to provide our clients with the best service,” said Chief Executive Officer and Chairman Mark Merrill.  “Rich brings 17 years of in-market experience and will play a key role in helping ODNB to play an even greater role in financing vital real estate development projects in the region.”

Executive Vice President and Chief Lending Officer Penny Bladich commented, “Rich brings a strong skillset to the ODNB team, and his leadership, background and knowledge will be tremendous assets.  We are confident that his impact will make a real difference for the bank, our clients, and the community.”

Sobonya joins ODNB from National Capital Bank of Washington, where he served as Senior Vice President and Construction Lending Director for the Washington metro area.  Prior to that, he was a commercial lender in Northern Virginia and the Washington area for Freedom Bank of Virginia, Bank of Georgetown, and M&T Bank. He began his career in investment management and public accounting with Washington-area firms after earning his Bachelor of Science in Accounting from Elon University.

“I am excited and honored to have the opportunity to join ODNB to build on the growth and success the bank has already achieved in the market,” said Sobonya.  “I look forward to engaging with teammates, clients, and the community as we seek to play a leading role in commercial real estate and construction lending in Northern Virginia and the D.C. area.”