Virginia Partners Bank

What Virginia Partners Bank does

Virginia Partners Bank is a privately held, for-profit community bank founded in 2008 and headquartered in Fredericksburg, Virginia. Per the firm's stated profile, it provides personal and business banking services. The aggregated source dataset characterizes a community banking franchise structured around three horizontal customer segments: personal banking (checking, savings, money market, CDs, IRAs, mortgages including FHA/VA and conventional, HELOCs, and consumer loans), business banking (business checking, savings, commercial loans and lines, commercial real estate, government contracting financing, small business lending, and treasury management), and wealth management (advisory, trust services, estate planning, private banking, and a digital investing offering).

Distribution combines a multi-state branch network (the available aggregated data references a footprint of over 75 physical locations across 5 states covering the Mid-Atlantic and Southeast, including Virginia, West Virginia, Maryland, Delaware, Pennsylvania, and Kentucky) with digital channels (online and mobile banking, mobile check deposit, alerts, and bill pay) and direct-sales relationship managers serving commercial and wealth clients. Payment-card products include contactless Visa debit cards (with fee-free access to more than 40,000 Allpoint ATMs nationwide) and consumer and business credit cards.

The business model is a standard community-bank revenue stack: net interest income from deposits and a diversified loan book (mortgage, consumer, commercial, commercial real estate, and niche verticals such as government contracting and healthcare practice financing), supplemented by non-interest income from card interchange, treasury and cash management fees, and wealth management advisory, trust, and brokerage commissions. Pricing is quote-based rather than publicly disclosed, which is consistent with relationship-banked commercial and wealth services. Deposits are FDIC-insured, indicating a state-chartered bank regulatory structure.

A note on data sourcing: the firmographics identify the subject as Virginia Partners Bank (Fredericksburg, 2008), but the bulk of the detailed product, segment, and operational data points to Burke & Herbert Bank (a separate-appearing entity with a much larger 5-state footprint and a pending LINKBANK acquisition). This description is grounded in the firmographic profile of Virginia Partners Bank and corroborated by the segment and product architecture visible across the aggregated dataset; the relationship (if any) between the two entities is not established in the source material.

Name

Virginia Partners Bank

Legal name

Burke & Herbert Bank

Website

https://vapartnersbank.com

Company type

Private

Founded year

2008

Operating status

Operating

Short description

Virginia Partners Bank is a privately held community bank founded in 2008 and headquartered in Fredericksburg, Virginia, providing personal banking, business banking, and wealth management services to consumers, small to mid-sized businesses, and high-net-worth individuals in the Mid-Atlantic region.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• Community banking services
• Commercial lending
• Personal banking
• Wealth management services
• Digital banking platform

Headquarters

HQ city

Fredericksburg

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Distribution channels3 records

Marketing channels2 records

Core offering

Virginia Partners Bank is a community bank providing personal and business banking services, delivering checking, savings, money market, CDs, IRAs, mortgages, consumer loans, commercial loans, government contractor financing, and commercial real estate lending, together with wealth management, trust services, and private banking. Distribution is via over 75 branch locations across 5 states and a digital banking platform offering online and mobile account access, bill payment, mobile check deposit, and a contactless Visa debit card with fee-free access to 40,000+ Allpoint ATMs nationwide.

Product overview

Burke & Herbert Bank offers a comprehensive community banking platform serving individuals and businesses across 5 states with over 75 locations. The portfolio consists of core deposit products (checking, savings, money market, CDs, IRAs), digital banking channels (online and mobile), payment cards (debit and credit), and lending products (residential mortgages including FHA/VA and conventional, home equity lines, consumer loans, commercial loans, and commercial real estate). The bank extends its platform with specialized offerings including financing for medical/dental practices and government contractors, plus wealth management services encompassing advisory, trust, private banking, and digital investing. The company recently announced a merger with LINKBANK, expected to close on June 15, 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Personal checking accounts providing easy access and effortless management of funds for individual consumers, including a Convenient Checking option designed for seamless day-to-day banking.
• Personal Savings Accounts Personal savings accounts for individual consumers to accumulate funds and earn interest over time.
• Money Market Accounts Money market deposit accounts offering competitive interest rates with limited check-writing privileges for personal customers.
• Certificates of Deposit (CDs) Fixed-term deposit products with guaranteed returns for personal and business customers seeking predictable, term-based interest.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts including Traditional, Roth, and SEP IRA options for individual retirement planning.
• Personal Digital Banking Online and mobile banking platform for personal customers enabling account access, fund transfers, bill payments, account alerts, and mobile check deposit.
• Contactless Visa Debit Card (Personal) Visa debit card with contactless payment capability providing fee-free transactions at more than 40,000 Allpoint ATMs nationwide for personal customers.
• Personal Credit Cards Personal credit card products including reward programs with online account management capabilities.
• FHA & VA Loans Government-backed mortgage products, including Federal Housing Administration (FHA) loans and Veterans Affairs (VA) loans for eligible borrowers.
• Traditional Mortgages Conventional mortgage products for home purchases and refinancing with various term options for personal borrowers.
• Home Equity Line of Credit (HELOC) Revolving credit line secured by home equity, allowing personal borrowers to access funds as needed.
• Consumer Loans Personal loans for various consumer purposes including auto loans, debt consolidation, and major purchases.
• Business Checking Accounts Business deposit accounts designed for small to mid-sized businesses with various features and fee structures to support operational cash flow.
• Business Savings & Money Market Accounts Business savings and money market accounts for managing business reserves and earning interest.
• Business Visa Debit Card Business debit card with built-in Visa benefits for business expense management.
• Business Credit Cards Credit card solutions tailored for business spending with expense tracking features.
• Commercial Loans & Lines of Credit Financing solutions for business operations, equipment, and working capital needs for small to mid-sized commercial borrowers.
• Commercial Real Estate Loans Loans for commercial property acquisition, development, and refinancing for commercial real estate borrowers.
• Financing for Medical & Dental Practices Specialized lending for healthcare professionals, including equipment financing and practice acquisition loans for medical and dental practices.
• Government Contracting Financing Financing solutions designed for government contractors, including contract-based lending and working capital.
• Small Business Lending Various lending products supporting small business growth and operations.
• Business & Treasury Management Services Cash management, treasury services, and operational banking solutions for business clients.
• Wealth Management Professional wealth advisory services for high-net-worth individuals and families, including investment management, retirement planning, and financial goal setting.
• Trust Services Estate planning, trust administration, and asset management services for individuals and families.
• Private Banking High-touch banking services for high-net-worth individuals and families, providing personalized banking alongside wealth and trust relationships.
• Digital Investing Online investment platform integrated with the bank's wealth management services for self-directed and advisor-supported investing.
• Escrow Management Digital escrow management service for commercial clients delivered via Jack Henry cloud services.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

One partnership is on record.

• LINKBANKcoreStrategic or Co-development Partner · 15 June 2026LINKBANK is joining the Burke & Herbert Bank family as a strategic acquisition/merger scheduled for completion on June 15, 2026. This partnership expands Burke & Herbert Bank's market presence and customer base through consolidation of another regional bank.

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Fulton Financial Corporation: Larger Mid-Atlantic regional bank holding company with substantially overlapping geographies (PA, MD, VA, NJ, DC) and a similar retail/commercial/wealth product portfolio, providing direct benchmark on a scaled version of Burke & Herbert's strategy.
• Pinnacle Financial Partners: Larger Southeast-headquartered community/commercial bank with strong SMB and middle-market focus; broadly comparable as a higher-performing peer in the same community bank acquisition-and-grow playbook.

Direct peers

• TowneBank: Virginia-based community bank with comparable retail deposit, commercial lending, and mortgage product mix operating in adjacent Virginia and Carolinas markets. Similar mid-size community-bank positioning and member-focused service model.
• WesBanco Inc. West Virginia-headquartered regional bank serving overlapping Mid-Atlantic markets with retail, commercial, and treasury management services. Direct regional peer on geography and full-service community banking model.
• Eagle Bancorp (EagleBank): Mid-Atlantic community bank serving the Washington DC metro area with comparable commercial and small-business banking emphasis. Closest analog on commercial-lending intensity within the same DC/MD/VA footprint.
• Atlantic Union Bankshares Corporation: Virginia-headquartered community/regional bank with overlapping Mid-Atlantic and Virginia retail, commercial, and wealth footprints. Directly comparable on branch-driven community banking model serving the same SMB and consumer base Burke & Herbert targets.
• S&T Bancorp (S&T Bank): Pennsylvania-based community bank operating across similar Mid-Atlantic geographies with full-service retail, commercial, and wealth offerings. Comparable in scale and product breadth as a regional community-bank direct peer.

Emerging players

• Live Oak Bancshares: Niche-vertical community bank that built its franchise around specialty small-business lending. Highly comparable strategic analog to Burke & Herbert's medical/dental and government contracting specialty lending modules.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xfacebook.com/BurkeHerbertBank
• LinkedInlinkedin.com/company/virginia-partners-bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Virginia Partners Bank