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Middleburg Bank to open new branch in Clarke County.

Global Banking News-May 23, 2016--Middleburg Bank to open new branch in Clarke County

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Global Banking News - 23 May 2016

Middleburg Financial Corporation (NASDAQ: MBRG) has said that it has received approval from the Federal Reserve Bank of Richmond and the Commonwealth of Virginia State Corporation Commission to open a branch in Clarke County.

The new branch- The Clarke County Financial Service Center - is located at South Church Street in Berryville, Virginia. It is expected to open within the year and will be the 13th Middleburg Bank branch in Virginia. The branch will offer a series of financial services, including personal and commercial banking, mortgage lending and investment and trust services.

'Opening a Financial Service Center in Berryville reinforces our longstanding commitment to providing value and service to our clients and communities throughout Virginia,' said Gary R. Shook, president and CEO of Middleburg Financial Corporation. 'Continuing to expand our geographic footprint into attractive markets is an important pillar of our long-term strategic plan to enhance value for our shareholders, employees and clients. We are excited to extend our services into Clarke County, part of one of the strongest banking markets in the United States, where our brand of personalised banking will resonate with this vibrant, family-oriented community.'

Headquartered in Middleburg, Virginia, Middleburg Financial Corporation (MBRG) is a bank holding company and operates through two wholly owned subsidiaries, Middleburg Bank and Middleburg Investment Group. Middleburg Bank operates full service financial service centres in Middleburg, Leesburg, Purcellville, Ashburn, Reston, Gainesville, Williamsburg, Warrenton, Richmond and Marshall, Virginia.

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Publication:Global Banking News (GBN)
Geographic Code:1U5VA
Date:May 23, 2016
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