Southern National Bancorp of Virginia, Inc.
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Website
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Code
SONA
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Size
51 to 200 employees
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Industries
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Competitors
Southern National Bancorp of Virginia is the holding company for Sonabank, which has more than a dozen locations in central and northern Virginia and another in southern Maryland. Founded in 2005, the bank serves small and midsized businesses, their owners, and retail consumers. It offers standard deposit products, including checking, savings, and money market accounts, and CDs. The bank's lending activities focus on loans secured by commercial real estate, single-family residential construction projects, and single-family homes, as well as other types of consumer and commercial loans. In 2009 Southern National Bancorp acquired the failed Greater Atlantic Bank in an FDIC-assisted transaction.