Community Bank of Northern Virginia Launches Enhanced Investor Information Site; Joins Growing List of Virginia Banks Utilizing IRWebLink.Business Editors STERLING, VA--(BUSINESS WIRE)--Oct. 7, 2002 Community Bank of Northern Virginia (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 : CBNV CBNV Community Bank of Northern Virginia ) recently unveiled an enhanced information site for investors. Powered by IRWebLink, the investor relations Investor relations The process by which the corporation communicates with its investors. web solution developed by SNL SNL Saturday Night Live SNL Sandia National Laboratories SNL School for New Learning (Depaul University) SNL Springfield News-Leader (Missouri newspaper) SnL Sweet N Low SNL Standard Nomenclature List Financial, the site offers industry-specific financial information such as a detailed peer analysis and deposit marketshare data, up-to-the-minute market data, company news, and FDIC/SEC filings. Investors may access the site by clicking "Investor Relations" on Community Bank of Northern Virginia's web site at http://www.cbnv.com/. "We are strongly committed to shareholder communications and our new site is the cornerstone of our efforts," stated David P. Summers, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CBNV. "IRWebLink delivers the most comprehensive financial information and company news to our investors. It is a superior, cost-effective solution." Community Bank of Northern Virginia joins a growing list of investor-friendly banks headquartered in Virginia utilizing IRWebLink. These banks include FNB Corporation (FNBP), Resource Bankshares Corporation (RBKV), Old Point Financial Corporation (OPOF), Virginia Financial Group, Inc. (VFGI VFGI Virginia Financial Group Inc ), Fauquier Bankshares, Inc. (FBSS FBSS Failed Back Surgery Syndrome FBSS Flowing Black Silk Sash (EverQuest gaming) FBSS Fast Base Station Switching FBSS Front-Back-Side-Side (automotive adjustable suspension) ), First National Corporation (FXNC), Alliance Bankshares Corporation (ABVA), Virginia National Bank (VABK). IRWebLink (http://www.snl.com/irweblink) is the only investor relations web solution developed specifically for publicly traded banks and thrifts. IRWebLink combines value added content - financial and industry information that is not available through generic investor relations web solutions or financial portals - with user-friendly functionality to efficiently connect institutions to the investment community. More publicly traded banks and thrifts utilize IRWebLink than any other investor relations web solution. Community Bank of Northern Virginia 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 with total assets of $614.4 million as of June 30, 2002. Currently, the Bank operates eleven branch offices, fourteen automated teller machines and two mortgage loan production offices. The primary services offered by its 288 employees include retail and home banking, commercial banking, and mortgage banking. |
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