1. Bank of Clarke opens new branch in McLean, VA. 2. First full-service branch in Fairfax County since 2022. 3. Focus on prudent growth and community connections. 4. Full range of banking services available at new location. 5. Branch opening aims to meet local demand.
The opening of a new branch indicates growth potential for EFSI, similar to past expansions that increased stock value. As the bank expands its footprint, it could lead to increased revenues, historically correlating with bullish market trends.
The article discusses the growth strategy and community engagement of Bank of Clarke, increasing visibility and potential interest in EFSI, while also impacting local market perception.
The immediate impact from the branch opening may boost customer acquisition in the next quarter, providing quicker financial results. However, sustained growth will depend on long-term operational outcomes.
BERRYVILLE, Va., Sept. 29, 2025 /PRNewswire/ -- Bank of Clarke has announced the opening of a new retail branch at 1313 Dolley Madison Boulevard, Suite 100, in McLean, VA. This is the Bank's first full-service branch in Fairfax County, and the second branch it has opened since 2022.
"Bank of Clarke is focused on pursuing prudent growth while remaining an independent community bank," said Brandon Lorey, President and CEO of Bank of Clarke. "Opening this branch will give us the opportunity to expand strategically and deliver our distinctive brand of community banking to Fairfax County."
Since 2021, the Bank has operated a Loan Production Office on Greensboro Drive in Tysons Corner focused on commercial loans; that team, led by Alex Saidii, is now based at the Dolley Madison location. The new branch offers the full suite of retail and business banking, lending, and wealth management solutions offered at the Bank's other locations. Seasoned banker Sunbo Lagbaja serves as the branch manager.
"The success of the Tyson's commercial team has created demand for a retail branch in the area," said Joe Zmitrovich, President and Chief Banking Officer. "We are excited to enhance our support for the local community through this broader presence."
About Bank of Clarke
Founded on April 1, 1881, Bank of Clarke now operates 15 full-service branches, one loan production office, a wealth management office, and one drive-through only facility. The main office is located at 2 East Main Street in Berryville, Virginia, with additional offices in greater Clarke County, Frederick County, Fauquier County, Loudoun County, Fairfax County, and the City of Winchester, VA, as well as an office in Frederick, Maryland. Eagle Financial Services, Inc., the Bank's holding company, has traded on Nasdaq under EFSI since February 2025.
Bank of Clarke's mission is to be a trusted partner in the communities it serves, providing financial solutions to help people achieve their financial goals at every life stage. The bank aims to build lifelong relationships with customers, employees, shareholders, and communities, maintaining its status as a high-performing, independent community bank that offers best-in-class technology, products, and services. For more information, visit www.bankofclarke.bank.
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SOURCE Bank of Clarke