Old Dominion National Bank

What Old Dominion National Bank does

Old Dominion National Bank is an independent, privately-held community bank headquartered in the Washington, D.C. metro area, serving businesses and consumers in the D.C. metro and Central Virginia markets. The bank, which operates under the legal name Old Dominion National Bank and uses the trade names ODNB and the legacy Centre 1st Bank, is FDIC-insured under certificate 58504. It provides commercial and consumer loans, treasury and cash management services, and a broad set of deposit and fee-based products including business and personal banking, mortgage origination, wealth management, personal and business insurance, merchant services, title and escrow, and international banking services.

The bank's product set is delivered through a relationship-based community banking model backed by a standard digital banking stack: a 24/7 online banking platform, iOS and Android mobile banking apps (the Android package branded under a third-party mobile banking vendor), real-time and P2P digital payments through FedNow and Zelle (including Zelle Small Business), remote deposit capture for business customers, and credit cards issued in partnership with TCM Bank, N.A. No proprietary AI, machine-learning models, or differentiated technology platform is disclosed; the technology footprint is best characterized as commodity digital banking layered on a traditional brick-and-mortar distribution model with approximately 51-100 employees.

Economically, ODNB earns revenue through interest income on commercial and consumer lending, deposit and account fees, merchant processing fees, wealth management advisory fees, insurance commissions, title and escrow fees, and fees on international transactions. In June 2026, the bank announced a merger of equals with National Capital Bancorp valued at $98 million, structured to preserve National Capital's 137-year charter while combining the two institutions into a $2.4 billion asset, 10-branch community banking organization across Washington DC, Maryland, Pennsylvania, Florida, and Virginia. The combined holding company, to be renamed National Capital Bancorp under the ticker NACB, is expected to list on Nasdaq or NYSE in Q4 2026 with ODNB shareholders retaining approximately 65-68% ownership and projected EPS accretion of more than 50% in 2027.

Name

Old Dominion National Bank

Legal name

Old Dominion National Bank

Website

https://odnbonline.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Old Dominion National Bank is an FDIC-insured community bank headquartered in the Washington, D.C. metro area serving businesses and consumers across D.C. and Central Virginia with commercial and consumer loans, treasury and cash management, mortgage origination, and wealth, insurance, and merchant services.

Ownership category

akta.pro rank

Headquarters

HQ city

Fairfax

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Lending: Traditional banking revenue from interest earned on commercial and consumer loans including mortgages, business loans, and credit facilities
2. Deposit Services and Fees: Fees from deposit accounts, account maintenance, and transaction services for both personal and business customers
3. Merchant Services: Payment processing and merchant services for business customers including card processing and point-of-sale solutions
4. Wealth Management Services: Financial advisory and wealth management services through the ODNB Wealth division
5. Insurance Services: Personal and business insurance products offered through bank branches and partnerships
6. Title and Escrow Services: Real estate transaction services including title insurance and escrow management for mortgage customers
7. International Banking Services: Foreign exchange and international transaction services for business customers with global operations

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Old Dominion National Bank is a community bank that provides business and personal banking products, including commercial and consumer loans, deposit accounts, treasury and cash management, merchant services, title and escrow, mortgage lending, wealth management, and insurance. The bank distributes these products through branch locations, online banking, and iOS/Android mobile apps in the Washington D.C. metro and Central Virginia markets.

Product overview

Old Dominion National Bank offers a unified community banking platform serving both business and personal customers through multiple integrated product lines. The core offerings consist of Business Banking (commercial checking, lending, treasury services) and Personal Banking (consumer deposits, credit cards), which are complemented by specialized modules including Mortgage lending (via dedicated online platform), Wealth Management (external service), and Insurance products. Digital payment capabilities are embedded throughout via Zelle® (for both personal and business P2P payments) and FedNow (for real-time consumer payments). The bank also provides merchant services, title & escrow services, international services, and credit cards issued through a partnership with TCM Bank, N.A. Recent merger announcement with National Capital Bancorp (expected Q4 2026) will create a $2.4 billion institution with 10 branches across Washington DC, Maryland, Pennsylvania, Florida, and Virginia.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Banking Comprehensive commercial banking for small to mid-sized businesses, including business checking and savings accounts, relationship-based lending, cash management, online payroll, and merchant services.
• Business & Treasury Services Cash management and treasury services for business clients, including tools to manage financial operations and keep business plans on track.
• Merchant Services Payment processing and merchant card services enabling business clients to accept card payments and manage point-of-sale transactions.
• Title & Escrow Services Title insurance and escrow services for real estate transactions, supporting mortgage and property-related banking services.
• Personal Banking Consumer banking products including personal checking, savings, and deposit accounts, accessible via branch, online, and mobile channels, with Zelle and FedNow payment capabilities.
• Mortgage Residential mortgage financing with a wide variety of loan programs for home purchase and refinancing, accessed via the bank's dedicated mortgage online platform.
• Wealth Management Investment advisory and wealth management services for individuals and families, delivered through the ODNB Wealth division's external platform.
• Personal Insurance Personal insurance products for individual customers, including coverage for auto, home, and personal property.
• Business Insurance Insurance products for business customers to protect commercial operations and assets.
• Credit Cards (Business and Personal) Credit card products for both personal and business customers issued by TCM Bank, N.A., featuring zero fraud liability protection.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• National Capital BancorpcoreStrategic or Co-development Partner · 17 June 2026ODNB Financial Corporation and National Capital Bancorp have entered into a definitive merger of equals agreement. The combined entity will have approximately $2.4 billion in assets and 10 branches across Washington DC, Maryland, Pennsylvania, Florida, and Virginia. ODNB will survive as the bank holding company but adopt the NACB name. The new holding company will list on Nasdaq or NYSE under ticker symbol NACB, with ODNB shareholders retaining approximately 65-68% ownership.
• TCM Bank, N.A.minorChannel Partner/ Reseller/ DistributorCredit cards are issued by TCM Bank, N.A. for Old Dominion National Bank customers, providing consumer credit card products under the bank's branding.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• EagleBank (Eagle Bancorp): Bethesda, Maryland-based commercial/community bank serving the Washington DC metro and Baltimore corridors—a direct competitive peer across business banking, CRE lending, treasury, and relationship banking.
• Burke & Herbert Bank & Trust: Alexandria, Virginia-headquartered community bank with deep DC-metro and Northern Virginia presence, offering commercial, consumer, mortgage, and wealth services—directly comparable to ODNB's footprint and product mix.
• Sandy Spring Bank (Sandy Spring Bancorp): Maryland-headquartered commercial bank serving the DC/MD/VA corridor with commercial lending, treasury, mortgage, and wealth management—closely overlap with ODNB's mid-Atlantic community-banking focus.
• Chain Bridge Bank: Tysons, Virginia community bank focused on private banking, commercial lending, and deposit services for DC-metro clients—matches ODNB's local-relationship strategy and footprint.
• John Marshall Bank: Virginia-based community commercial bank serving the DC metro with commercial lending, treasury, and deposit services—a directly comparable size and customer profile.
• MainStreet Bank: Northern Virginia-based community bank (Fairfax) offering business and personal banking with relationship-driven service—a near-identical profile and overlapping geography to ODNB.
• FVCBankcorp (FVC Bank): Mid-sized Virginia/DC community commercial bank focused on business banking, CRE, and treasury services—comparable size, product mix, and mid-Atlantic footprint to ODNB/NACB.

Regional players

• Atlantic Union Bankshares: Virginia-based regional banking franchise with consumer, commercial, mortgage, and wealth businesses across the mid-Atlantic—a comparable Virginia-anchored competitor though meaningfully larger than ODNB's post-merger scale.
• Access National Bank (now part of Atlantic Union): Former Reston, Virginia-based community bank serving small-to-mid sized businesses and professional services in the DC metro—historically a direct community-bank peer pre-acquisition.

Broad incumbents

• Capital One Financial: McLean, Virginia-based broad financial services firm with consumer and commercial banking—headquartered in ODNB's core market and competing across many of the same small-business and consumer segments at scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

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• Xx.com/olddominionbank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Old Dominion National Bank