Access National Corporation (NASDAQ:ANCX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 20, 2018, Gary R. Shook notified the Chairman of Access National Corporation (the “Corporation”) and the Chairman of its subsidiary, Access National Bank (the “Bank”), of his resignation from his positions as Director of the Corporation, Director of the Bank, Chairman and Chief Executive Officer of Middleburg Investment Group, Chairman of Middleburg Trust Company and President of Middleburg Bank, a division of Access National Bank, effective as of March 20, 2018.
About Access National Corporation (NASDAQ:ANCX)
Access National Corporation is a bank holding company. The Company operates through its subsidiary, Access National Bank (the Bank). The Bank provides credit, deposit, mortgage services and wealth management services to middle market commercial businesses and associated professionals, primarily in the Washington, District of Columbia Metropolitan Area. The Bank offers a range of financial services and products, and specializes in providing customized financial services to small and medium sized businesses, professionals and associated individuals. The Company operates through three segments: traditional commercial banking, mortgage banking and wealth management. Its commercial banking segment includes loans, investment securities and deposit services. Its mortgage banking segment includes mortgage loans held for sale, sales of loans in the secondary mortgage market and loan origination. Its wealth management segment includes portfolio asset management.
