Sonabank

Description

Sonabank provides traditional banking products and services to individuals, and small and medium sized businesses. It offers totally free checking accounts, certificates of deposit accounts, and savings accounts, as well as interest bearing checking accounts; and business, money market, corporate tiered money market, and premium yield accounts. The company also provides cash management products that include Sona InHouse; Web lockbox; and Sona Cash Manager, a funds transfer initiation system that allows commercial customers to originate ACH transactions. In addition, it offers small business administration loans, as well as other types of financing, including commercial real estate loans, equipment financing, business acquisition financing, start-up financing, asset-based lines of credit, contract financing, and letters of credit. Further, the company provides online services, including personal and business banking. Sonabank was formerly known as Sonabank, National Association and changed its name to Sonabank in January 2009. The company was founded in 2005 and is based in McLean, Virginia with branches in Reston, Fairfax, Charlottesville, Warrenton, Middleburg, Leesburg, South Riding, Front Royal, New Market, Haymarket, Richmond, and Clifton Forge, Virginia; and Rockville, Shady Grove, Germantown, Frederick, and Bethesda, Maryland. Sonabank operates as a subsidiary of Southern National Bancorp of Virginia Inc.

Tags:

Banking Finance Company, Corporate Banking, Commercial Banking Products and Services, Real Estate Banking, Credit Card Loans