Eastern Virginia Bankshares, Inc., commonly known as EVB in the Northern Neck will now be called Sonabank as of Friday, June 23, 2017. The official announcement reads, Southern National Bancorp of Virginia, Inc. and Eastern Virginia Bankshares, Inc. completed the merger of Eastern Virginia with and into Southern National and the completion of the merger of Eastern Virginia’s wholly-owned bank subsidiary, EVB, with and into Southern National’s wholly-owned bank subsidiary, Sonabank.
The combined company assumes the Southern National Bancorp of Virginia name for the holding company and the Sonabank name for all banking operations. The public can expect to see sign changes but according to R. Roderick Porter, Executive Vice Chairman, “EVB customers will see the same familiar faces. I anticipate minimal personnel changes.” According to Porter, none of the Northern Neck EVB Branches will be closed. “The customer experience will not change,” said Porter. In the merger press release it states: The combination brings together two banking companies with complementary business lines, creating one of the premier banking institutions headquartered in the Commonwealth of Virginia.