August 25, 2016 9:10 PM ET

Banks

Company Overview of WashingtonFirst Bank

Company Overview

WashingtonFirst Bank provides personal and business banking services. Its personal banking services include personal checking, interest-bearing checking, personal saving, statement saving, personal money market, kids saving, certificates of deposit(CD), and individual retirement accounts, as well as certificate of deposit account registry (CDAR) services. The company offers business banking services, such as small business, business analysis, and non-profit relationship checking accounts; business saving accounts, such as statement saving, business money market, CDs, and CDAR accounts; and cash management services, including business check cards, wire transfers, automated clearing house solu...

11921 Freedom Drive

Suite 250

Reston, VA 20190

United States

Founded in 2004

Phone:

703-840-2410

Fax:

703-707-8307

Key Executives for WashingtonFirst Bank

Founder, Chief Executive Officer, President and Executive Director
Age: 49
President, Chief Credit Officer, Director, Member of Audit Committee, Member of Corporate Governance Committee, Member of Asset/Liability Committee and Member of Executive Loan Committee
Age: 56
Chief Financial Officer, Executive Vice President, Chief Financial Officer of Washingtonfirst Bankshares, Inc and Executive Vice President of Washingtonfirst Bankshares, Inc
Age: 52
Senior Vice President of Operations
Executive Vice President, President of 1st Portfolio Wealth Advisors and President of WashingtonFirst Mortgage
Age: 50
Compensation as of Fiscal Year 2016.

WashingtonFirst Bank Key Developments

WashingtonFirst Bank Announces the Opening of Its 19th Branch in Potomac, Maryland

WashingtonFirst Bank announced the opening of its nineteenth branch in Potomac, Maryland. The Bank opened its newest branch on March 28, 2016, in the heart of Potomac at 9812 Falls Road, Suite 125, Potomac, Maryland. The Potomac branch expands the Bank’s market reach into Maryland. A grand opening celebration will take place late Spring 2016.

WashingtonFirst Bank Announces the Opening of its 18th Branch in Alexandria, Virginia

WashingtonFirst Bank announced the opening of its eighteenth branch in Alexandria, Virginia. The Bank opened its newest branch on February 8, 2016, in the Old Town Alexandria at 115 N. Washington Street, Alexandria, Virginia. The Alexandria branch expands the Bank’s market reach into one of the oldest and most historic business communities in Virginia.

WashingtonFirst Mulls Invest In WashingtonFirst Bank

WashingtonFirst Bankshares Inc. (NasdaqCM:WFBI) is planning to invest in WashingtonFirst Bank. WashingtonFirst Bankshares intends to use the net proceeds from 1.2 million shares of common stock offering for general corporate purposes, which may include funding organic loan growth and longer-term strategic opportunities that may arise in the future and investments in the WashingtonFirst's banking subsidiary, WashingtonFirst Bank, as regulatory capital.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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