National Capital Bank of Washington Hires Richard Sobonya to lead Construction Lending

WASHINGTON, June 26, 2017 /PRNewswire/ -- The National Capital Bank of Washington (NCB) announced today that Richard M. Sobonyahas joined the Bank as Senior Vice President, Construction Lending Director.

Sobonya joins NCB's outstanding team of local commercial lenders, bringing with him over 10 years of banking and construction lending experience in the Washington, D.C. region; most recently in a similar role with Freedom Bank.  He will be responsible for developing new construction lending relationships, while enhancing internal processes and procedures for this type of specialty lending.

"Rich's expertise in construction lending fits perfectly in the Bank's strategic plan to increase business lending," stated Richard B. (Randy) Anderson, Jr. President and Chief Executive Officer. "Our team is now better positioned to meet the financing needs of more local businesses in this thriving Washington, D.C. market." 

A longtime resident of the Northern Virginia, Sobonya is a graduate of Elon University in North Carolina and lives with his family in Arlington.

The National Capital Bank of Washington was founded in 1889 and is Washington's Oldest Bank. NCB is headquartered on Capitol Hill with a second branch located in Friendship Heights, as well as a residential mortgage office and a wealth management services office. The Bank trades under the symbol NACB. For more information about NCB, visit www.nationalcapitalbank.com

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SOURCE The National Capital Bank of Washington