-

Trustar Bank Announces First Branch in Washington, D.C.

GREAT FALLS, Va.--(BUSINESS WIRE)--Trustar Bank has announced the opening of its newest branch location, and first in Washington, D.C, at 1701 Pennsylvania Ave, NW Suite 200, Washington, D.C. 20006.

This Pennsylvania Avenue location offers our clients in the District the convenience and service they have come to know and expect from Trustar Bank. The new location is open on Mondays, Wednesdays, and Fridays from 9:00 AM to 5:00 PM and by appointment on Tuesdays and Thursdays.

“Our D.C. location will allow us to serve new and current clients who work or reside in D.C.,” commented Shaza Andersen, Chief Executive Officer and Founder. “We’re excited to offer an in-person banking experience for our D.C.-based customers and look forward to continuing our growth and expansion throughout the Greater Washington market.”

Pennsylvania Avenue is the fifth Trustar Bank branch to open since the Bank launched in 2019, joining the Great Falls, Reston, and Tysons, VA and Potomac, MD branches. Trustar Bank has expanded rapidly in these three short years, with plans to continue a high rate of growth in the years to come.

About the Bank - Trustar Bank is a full-service bank offering comprehensive banking products and services to small- and medium-sized businesses and consumers. It is the first bank to be chartered and opened in Virginia in over a decade. For more information, please visit Trustar Bank online at trustarbank.com.

Contacts

Media:
Shaza Andersen
Chief Executive Officer
sandersen@trustarbank.com

Anthony Fabiano
Chief Financial Officer
afabiano@trustarbank.com

Trustar Bank


Release Versions

Contacts

Media:
Shaza Andersen
Chief Executive Officer
sandersen@trustarbank.com

Anthony Fabiano
Chief Financial Officer
afabiano@trustarbank.com

Social Media Profiles
More News From Trustar Bank

Trustar Bank Announces $750 Million Branch Acquisition from Forbright Bank

GREAT FALLS, Va.--(BUSINESS WIRE)--Trustar Bank, the wholly-owned banking subsidiary of Trustar Bankshares, Inc. (the “Company”) (OTCQX: TRSB), today announced the signing of a purchase and assumption agreement (the “Agreement”), under which Trustar Bank will acquire Forbright Bank’s branches in Potomac and North Bethesda, Maryland, as well as Forbright Bank’s customer service hub in McLean, Virginia (the “Transaction”). The Transaction includes approximately $750 million in local deposits for...

Trustar Bankshares, Inc. Announces Trading on the OTCQX Best Market

MCLEAN, Va.--(BUSINESS WIRE)--Trustar Bankshares, Inc. (the “Company”), the bank holding company for Trustar Bank, a leading community bank serving the Washington metropolitan area, today announced that its common stock has qualified to trade on the OTCQX Best Market. The Company begins trading on the OTCQX market under the symbol “TRSB.” Trading on the OTCQX marks a key milestone for the Company. The OTCQX Best Market is designed for established, investor-focused companies and supports transpa...

Trustar Bank Completes Third Oversubscribed Capital Raise

GREAT FALLS, Va.--(BUSINESS WIRE)--Trustar Bank is pleased to announce the successful completion of its recent capital raise. The offering surpassed its initial $15 million goal, resulting in a 10% over-subscription and over $16.7 million in subscriptions received. The Board accepted all subscriptions to accommodate the overwhelming investor support. This is the Bank’s third oversubscribed stock offering, the first taking place prior to the Bank’s inception in early 2019 and the second in 2022....
Back to Newsroom