MIDDLEBURG, Va., May 20, 2016 /PRNewswire/ -- Middleburg
Financial Corporation (the "Company") (Nasdaq: MBRG) today
announced 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, located
at 3 South Church Street in Berryville, Virginia. The Clarke County
Financial Service Center, which is scheduled to open within the
year, will be the 13th Middleburg Bank location in Virginia.
"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
personalized banking will resonate with this vibrant,
family-oriented community."
Jeff Culver, Chief Operating
Officer of Middleburg Financial Corporation, commented, "The new
Clarke County Financial Service Center will make it easier and more
convenient for the residents and businesses in the area to access
our full range of financial solutions. When people visit this
new branch, they will experience community banking the way it is
meant to be."
Berryville, located in the
center of Clarke County, is
contiguous to the Bank's core markets of Loudoun and Fauquier counties and has a similar profile
and economy. The Financial Services Center will be located in the
heart of downtown Berryville and
will offer a full array of financial services, including personal
and commercial banking, mortgage lending and investment and trust
services.
About Middleburg Financial Corporation
Middleburg Financial Corporation (MBRG) is a bank holding
company headquartered in Middleburg, Virginia. The Company
conducts its primary operations through two wholly owned
subsidiaries, Middleburg Bank and Middleburg Investment
Group. Middleburg Bank was chartered in 1924 and operates
full service financial service centers in Middleburg, Leesburg, Purcellville, Ashburn, Reston, Gainesville, Williamsburg, Warrenton, Richmond and Marshall, Virginia. Middleburg
Investment Group is accessible at any financial service center and
has offices in Alexandria,
Middleburg, Richmond and Williamsburg.
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SOURCE Middleburg Financial Corporation