Middleburg Bank Celebrates 90 Years in Business.
Middleburg, VA — June 27, 2014 — Middleburg Bank, a full-service commercial bank serving individuals, families, and businesses across Virginia, marks its 90-year anniversary in July. The company was founded in 1924 by two Masters of the Middleburg Hunt, Daniel C. Sands, a Wall Street Financier who had a local farm in Middleburg; and Charlotte Noland, who was also founder and headmistress of Foxcroft School. Middleburg National Bank, as it was originally called, was created for convenience, allowing residents of Middleburg to conduct their banking business locally without having to travel to Leesburg or Warrenton.
Today, the company is a publically traded company under the umbrella of Middleburg Financial Corporation (NASDAQ – MBRG), a financial holding company that conducts its operations through two wholly owned subsidiaries; Middleburg Bank and Middleburg Investment Group. "Our founding philosophy of keeping a high touch connection with the community and establishing trust with our clients is still one of our greatest strengths. Our knowledgeable and dedicated staff go the extra mile for clients" said President and CEO, Gary R. Shook. "We survived the Great Depression just a few years after opening our doors, the recession of recent years and the financial ups and downs in between; but through perseverance and dedication to community we stand strong and look forward to our centennial anniversary and beyond."
"To kick off our 90th anniversary celebration we will host Client Appreciation Week from July 8th through July 12th and give out ice cream and gifts in all our Financial Service Centers. Over the next six months we will celebrate our history, reminisce on our communities, and celebrate individuals and partners who exemplify dedication and community service. We want our clients and employees to see this anniversary as a significant milestone in our history. We always have, and always will, be here to serve." said Mr. Shook.
Today, Middleburg Bank has 12 Financial Service Centers in Virginia and over $1.2 billion in assets. Additionally, Middleburg Investment Group and Middleburg Trust Company manage another $1.6 billion in assets. For more information visit www.middleburgbank.com or call (703) 777-6327.
About Middleburg Bank
Middleburg Bank is a wholly owned subsidiary of Middleburg Financial Corporation whose mission is to provide high quality financial solutions that aid individuals and business in achieving their aspirations and, in doing so, contribute to the welfare of communities, provide a rewarding work environment for employees and earn a superior return for shareholders. Middleburg Bank services communities across Virginia with financial service centers in Ashburn, Gainesville, Leesburg, Marshall, Middleburg, Purcellville, Reston, Richmond, Warrenton and Williamsburg.
