Manassas Park's Only Bank Purchased By Reston-Based Company
Alliance Bank is now WashingtonFirst Bank.
Manassas Park’s only financial institution, Alliance Bank, has been purchased by WashingtonFirst Bank of Reston. The $24.4 million sale has been in the works for several months, but the deal became final less than a month ago, on Dec. 21, according to a Washington Post report. A temporary "WashingtonFirst" banner has been draped across the front of the Alliance Bank branch in City Center. The bank has been the only tenant since the property was built more than four years ago. Alliance Bank was required to move into the mixed-used development because it was located on the city-owned land where Clark Realty built the mixed-use development. The city of Manassas Park has worked closely with Alliance Bank. The relationship isn’t expected to …
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Jamie M. Rogers
6:02 pm on Wednesday, January 16, 2013
Hi Shawn, thanks so much for you informative comment. I actually knew about the sell since last year, but we journalists don't always get around to doing stories as fast as we would like. more ›