Access National Bank (ANC) - Bank Review & Ratings
One of the foremost names in the community and commercial banking, Access National Bank is headquartered at Reston, Virginia and was formed in the year 1999 by a group of experienced bankers and business professionals with a mission to provide tailor made superior financial services to small and medium business enterprises and associate professionals at their door steps.
As soon as it started its commercial operations, Access National Bank took over Mortgage Investment Corporation (MIC), which is now known as Access National Mortgage. At the time of take over MIC was in to providing mortgage brokerage services and had license for Virginia region. MIC was in this field since 1985. In a bid to expand its customer and product base and also to diversify its business in to commercial and industrial leasing services, the bank acquired Commercial Finance Corporation and renamed it as Access National Leasing Corporation.
Being a subsidiary to Access National Corporation (ANC) and also holding two subsidiaries has given Access an edge against the other bankers. It allows us to provide efficient and professional solutions in the field of Commercial banking, mortgage origination and equipment leasing in the Washington Metropolitan Area.
Our goal is to provide comprehensive financial services and also to be with you facing financial challenges while growing your business. Not only that, we take pride in providing best of our services with high standards of integrity, innovation and efficiency. Our continuous efforts to maintain our integrity has helped us broaden our customer and product base.
As the promoters are experienced bankers who live and work in our community, we take every effort to train our staff to provide you tailor made services which are just suited to you, at your convenience. We provide financial services to companies having annual revenues up to $ 50 million and their associated business professionals. We have made considerable investments in the latest technology to provide access to our customers to their accounts wherever they are.
At Access National Bank we make your business challenges as our challenges. We take all your business worries as ours so that you can have a peaceful sleep because OUR success depends on YOUR success.
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Contact Information
Website : http://www.accessnationalbank.com/
Phone Number : (800) 931-0370 9AM – 5PM Mon – Fri
Address : 1800 Robert Fulton Dr. Reston, VA 20191
Minimum Balance : Money Market/Savings: $5,000 CDs: $10,000
Interest : Compounded Daily
Current Savings Account Rates: http://www.accessnationalbank.com/
Current CD Rates : http://www.accessnationalbank.com/
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Most businesses, like ours, have experienced cash flow difficulties since November 2008 as competition has increased and existing customers have not paid on time. In August 2008, we acquired a failing DC litigation support/Electronic Data Discovery company and tried to restructure their $900,000 debt, held with Access National Bank (ANB). Despite pretending to be sympathetic and cooperate with us, ANB has refused our restructuring plans 5 times and has instead hired an aggressive collections attorney to sue us at every turn, forcing us to spend more money. Nevertheless, we paid off all but $225,000 even in these difficult times. Still, they continue to proceed on aggressive collections that is forcing us, a service-disabled veteran owned firm, to file for bankruptcy protection against THEM for the remainder, as they are seizing all liquid assets without regards to our ability to operate.
So if you want to deal with a bank that is only a “fair weather friend”, and is parasitic and predatory–then ANB is the bank for you. If not, I suggest moving accounts and going elsewhere.
John Pitale
President/CEO
Edmond Scientific
Comment by John Pitale — October 31, 2009 @ 8:05 am
You had some good ideas there. I made a search on the issue and noticed most peoples will agree with your blog. The new economy and bankruptcy law…
You gave honest ideas there. I did a search on the issue and got most peoples will agree with your blog. As the great recession has grown in both size and duration over the past several years, more and more Americans have been turning towards bankruptc…
Trackback by http://phpbbmodders.net/board/memberlist.php?mode=viewprofile&u=6029 — August 10, 2010 @ 12:56 pm