Cardinal Financial completes merger of recently acquired bank
- March 10, 2014
Tysons Corner-based Cardinal Financial Corp. has completed the merger of Cardinal Bank and The Business Bank.
The merger, effective on March 7, makes Cardinal Bank the sole bank subsidiary of the company.
The Business Bank was a subsidiary of United Financial Banking Cos. Inc. until Cardinal’s acquisition on Jan. 16.
Cardinal Bank now has more than $3.1 billion in total assets with 37 full service banking offices in Virginia, Maryland and the District of Columbia.