Alliance Bankshares Completes Insurance Agency Acquisition; Insurance Lines Are the Newest Addition to Growing Platform.CHANTILLY, Va. -- Alliance Bankshares Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABVA) announced today that its subsidiary, Alliance Bank Corporation, has completed the previously announced acquisition of the Danaher Insurance Agency of Annandale, Virginia Annandale is an unincorporated place in Fairfax County, Virginia, United States. Recognized by the U.S. Census Bureau as a census-designated place (CDP), the community had a total population of 54,994 as of the 2000 census. . "We could not be happier about having Danaher Insurance become part of the growing Alliance team," said Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs A. Young, Jr., President of Alliance Bank. "The people, products and professionalism professionalism the upholding by individuals of the principles, laws, ethics and conventions of their profession. of the agency are a perfect match for us," added Young. Danaher Insurance has been in operation for 42 years and provides insurance and a full array of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to a broad range of small and middle market businesses, professionals and consumers. Thomas P. Danaher, current President of the agency, will become President of Alliance Insurance Corporation and will be responsible for all insurance activities for Alliance Insurance Corporation and Alliance Bank. "I am extremely excited about our new partnership. Alliance is a well respected financial institution in the region and adding insurance products to its broad array of financial products will continue the expansion of the core financial services platform," said Tom Danaher. Alliance Bankshares Corporation is a locally managed community banking organization based in Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. . The independent status of the organization allows the Bank's management to create, implement and maintain banking services with a level of flexibility, creativity and discretion that is not possible with larger institutions. Some of the matters discussed herein may include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These forward-looking statements may include statements regarding profitability and financial and other goals. These statements are based on certain assumptions and analyses by the Company and other factors it believes are appropriate in the circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or . However, the Company's expectations are subject to a number of risks and uncertainties and other factors that could cause actual results, events and developments to differ materially from those contemplated by any forward-looking statements herein. Consequently, all forwarding-looking statements made herein are qualified by these cautionary statements and cautionary language in the Company's most recent report on Form 10-KSB and other documents filed with the Securities and Exchange Commission. More information on Alliance Bankshares Corporation can be found online at www.alliancebankva.com, or by phoning an Alliance office. |
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