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Community Bank Hosts Presentation by the Federal Home Loan Bank of Atlanta.


Business Editors

STERLING, Va.--(BUSINESS WIRE)--Sept. 3, 2003

On August 14, 2003, Community Bank of 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.  (Nasdaq:CBNV CBNV Community Bank of Northern Virginia ) and the Federal Home Loan Bank of Atlanta (FHBLA) hosted a presentation on the FHBLA's Affordable Housing Program (AHP AHP Assistant House Physician. ) in the bank's Tyson's Corner office. AHP provides grants and low-interest rate loans for the development of affordable housing specifically for low and moderate-income families, as well as the elderly, disabled and others with special needs. By setting aside a portion of annual profits to fund the program, the FHBLA, in partnership with member financial institutions, such as Community Bank, can provide assistance to individuals throughout the Southeast to build, buy or rent affordable homes.

Community Bank is proud to have organized and hosted this presentation for several local housing and faith based organizations in the Northern Virginia area, including Wesley Housing Development Corporation, Falls Church Housing Corporation, Homestretch home·stretch  
n.
1. The portion of a racetrack from the last turn to the finish line.

2. Informal The final stages of an undertaking.

Noun 1.
, Shiloh Baptist Church, Highview Park Christian Assembly and Kairso Development Corporation. These organizations work diligently assisting individuals to improve their quality of life.

Community Bank of Northern Virginia (http://www.cbnv.com/) began banking activities in 1992 upon receiving its charter from the Virginia State Corporation Commission through the acquisition of assets Acquisition of assets

A merger or consolidation in which an acquirer purchases the selling firm's assets.
 and liabilities of an existing bank. Community Bank is a full-service banking institution that operates twelve branch offices and fifteen automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. . The primary services offered by its employees include retail banking, home banking and commercial banking.
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Publication:Business Wire
Date:Sep 3, 2003
Words:238
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