ODNB Financial Corporation Reports First Quarter 2024 Financial Results TYSONS CORNER, Va., May 6, 2024 – ODNB Financial Corporation (“ODNB” or the “Company”), the holding company for Old Dominion National Bank (the “Bank”) and its Centre 1st Bank division (“Centre 1st Bank”), reported financial results for the first quarter ended March 31, 2024. “ODNB’s first quarter results were marked by healthy profitability, organic loan growth, pristine asset quality, and stable deposits, positioning the Company very well for the balance of 2024,” Chairman and Chief Executive Officer Mark Merrill said. “During the first quarter we invested in talented commercial bankers focused on growing core deposits and commercial and industrial lending, and we opened our newest Northern Virginia branch in Leesburg, enhancing our ability to provide concierge-level service to clients throughout the Washington, D.C. metro area. Looking ahead and across our markets, we anticipate strong overall loan and deposit growth in 2024. We also intend to continue protecting net interest margin, even in a prolonged high-interest rate environment.” Read the full story here: https://lnkd.in/eY_PJuBK
Old Dominion National Bank
Banking
Tysons Corner, Virginia 1,300 followers
Purpose & Partnership
About us
Old Dominion National Bank is an independent, locally-owned and managed bank serving the Washington, D.C. metro area with executive headquarters in the heart of Northern Virginia at Tysons Corner. ODNB offers services that come with long-lasting, personal relationships with established banking professionals, serving small to medium-sized businesses, nonprofits, and consumer customers. We offer a full range of financial products and services, including everything from commercial and consumer loans, treasury and cash management, merchant card services, virtual vault, debit and credit card services for personal and business accounts; to checking, saving, money market deposit accounts, certificates of deposit, individual retirement accounts, online banking, and mobile banking. ODNB prides itself on offering products and services comparable to those of larger banks, making decisions in the local markets we serve. ODNB has retail and lending offices serving Washington DC Metro, Northern Virginia, Charlottesville, and Albemarle County. Member FDIC and Equal Housing Lender
- Website
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http://www.odnbonline.com
External link for Old Dominion National Bank
- Industry
- Banking
- Company size
- 51-200 employees
- Headquarters
- Tysons Corner, Virginia
- Type
- Privately Held
- Founded
- 2007
- Specialties
- banking, home loans, online banking, mortgages, and business line of credit
Locations
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Primary
8601 Westwood Center Dr
Ste 100 8601 Westwood Center D
Tysons Corner, Virginia 22182-2217, US
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1975 Waddle Rd
State College, Pennsylvania 16803, US
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110 Scottsville Rd
Scottsville, Virginia 24590, US
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4916 Plank Rd
North Garden, Virginia 22959, US
Employees at Old Dominion National Bank
Updates
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ODNB was very proud to participate in the 6th Annual Organization for Autism Research Active for Autism 5k this past Saturday, April 13th. OAR raised an impressive $52,380.43 for the Organization for Autism Research. Thank you to everyone who participated and supported this wonderful cause!
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ODNB is proud to celebrate Autism Acceptance Month this April and recognize the exceptional team at Organization for Autism Research for Autism Research (OAR). The Organization for Autism Research has launched a digital lending library through the Libby app, by OverDrive. The curated library has autism-related titles for parents, self-advocates, professionals, and more. Join us in celebrating Autism Acceptance Month by exploring their online collection! Lending Library | Organization for Autism Research (researchautism.org)
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ODNB Financial Corporation Reports Fourth Quarter and Full Year 2023 Financial Results TYSONS CORNER, Va., February 8, 2024 – ODNB Financial Corporation (“ODNB” or the “Company”), the holding company for Old Dominion National Bank (the “Bank”) and its Centre 1st Bank division (“Centre 1st Bank”), announced financial results for the fourth quarter and year ended December 31, 2023. “In 2023, ODNB delivered meaningful balance sheet expansion, growing loans and deposits, despite the challenges facing the banking sector,” said Mark Merrill, Chairman and Chief Executive Officer of the Company. “Our sustained growth and continued profitability are a direct result of our talented team’s exceptional relationships with clients in each of the communities we serve, and the tremendous support of our local shareholders. We are very thankful to each of our team members and their commitment to relationship banking and providing concierge-level services to our client base - hallmarks of a true community bank.” Read the full story here: https://lnkd.in/eM-AKfVE
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Old Dominion National Bank reposted this
Excited to welcome Old Dominion National Bank as a new community partner! ODNB serves customers throughout Northern Virginia and the DMV and is dedicated to improving the community. ODNB will be the presenting sponsor of our Community Kickers program, which provides free soccer programming to families living in affordable housing units with Arlington Partnership for Affordable Housing and AHC Affordable Housing! Learn more about ODNB: https://bit.ly/42d4kAI Learn more about Community Kickers: https://bit.ly/47S09eG Welcome, Old Dominion National Bank! #TeamArlington
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Yesterday, ODNB team members Abeba Ghebremedhin, Amanda Piazza, and Penny Bladich delivered presents to a Homestretch, Inc. family. For 33 years, Homestretch, Inc. has fulfilled its mission by helping families experiencing homelessness in Virginia become self-sufficient by giving them the skills, knowledge and hope they need to become productive participants in the community. We are so grateful to be able to contribute to such a wonderful organization.
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Charlene A. Friedman to Join ODNB Financial Corporation and Old Dominion National Bank Board of Directors Read the full article here: https://lnkd.in/eVEzvbpd
Charlene A. Friedman to Join ODNB Financial Corporation and Old Dominion National Bank Board of Directors
odnb.bank
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Congratulations Bear Chase Brewing Company - Loudoun County, VA for winning three awards at Friday night's Loudoun Chamber Small Business Awards. People's Choice Award Destination Business of the Year Small Business of the Year https://lnkd.in/ewDE2WpB
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This Veterans Day, Old Dominion National Bank extends heartfelt gratitude to all veterans for their service and dedication. Please join ODNB’s salute to service and support these organizations- https://lnkd.in/erYRpsC https://lnkd.in/eFymyyC https://lnkd.in/dU_cjbf https://lnkd.in/g8Uy-G8