Access National Appoints Mark Moore President of Bank

6/2/16

Mark Moore

RESTON, Va.--(BUSINESS WIRE)--Access National Corporation (NASDAQ: ANCX) (the “Company”), announced today that Mark Moore has been appointed President of its primary subsidiary, Access National Bank. The appointment is effective June 23, 2016.

According to CEO Michael Clarke, “I am thrilled to have forged a management partnership with such a highly respected competitor and former colleague uniquely qualified to lead our bank and expand its presence in the marketplace. As a 30 year veteran of the local commercial and investment banking landscape, Mark has deep experience and expertise in delivering on-target banking services to emerging middle market companies that aligns perfectly with our target market. Throughout his successful career, Mark has placed a priority focus on delivering smart and timely credit to our most significant industry segment, government service contractors. In this expansionary position, Mark will play a critical role in further elevating Access National as the bank of choice for emerging middle market businesses in the Washington Metropolitan Market.”

Moore followed: “As a former colleague, I admire the drive and entrepreneurial spirit Mike Clarke and Bob Shoemaker put into play when they launched Access National nearly 17 years ago. It was truly organized by experienced bankers and built for business. As we explored this idea of joining together, I became increasingly impressed with the Access culture that favors strong credit skills and business acumen aimed at helping middle market companies and their leaders build and preserve wealth. This high-profile leadership role allows me to further shape and advance a reputation as the bank of choice for middle market companies. Importantly, we will continue to serve clients in a way that also sustains the legacy of exceptional financial performance that protects Bank depositors and rewards our shareholders.”

As a primary representative of the Bank, Moore will assume leadership for raising visibility, accelerating business development, and delivering targeted growth. In addition to assuming primary leadership of the Bank’s various lending lines of business, Moore will dedicate considerable energies to the development of next-generation management succession by first mentoring existing talent and then recruiting qualified and ambitious managers, lenders and credit professionals.

About Mark Moore

Prior to this appointment, Moore was Executive Vice President and Chief Lending Officer of John Marshall Bank, a $940 million community bank also based in Reston, Virginia. Moore’s career has spanned 30 years, the vast majority of which has centered on providing premier banking and lending services to local enterprises within the Washington DC marketplace, while building strong infrastructures and talented teams for his own companies. Market sectors served have featured government contracting and technology, commercial and residential real estate, and various specialized sectors.

Complementing his commercial banking expertise is the valuable experience he gained serving as a partner of two distinguished Northern Virginia-based investment banking firms that provided M&A advisory services, private equity investments, and capital formation support to the government contracting and technology sectors (The McLean Group and Longstreet Partners, 2001 - 2006).

His commercial banking career has been with leading institutions in the Company’s current marketplace — M&T Bank, 2006 - 2008; United Bank, 1998 - 2000; George Mason Bank (acquired by United Bank), 1992 - 1998; and First American Bank of Virginia, 1985 - 1992.

Throughout his career Moore has served in a variety of leadership roles at prominent business organizations including the Fairfax County Chamber of Commerce (Chairman, 2013 - 2014); the Small and Emerging Contractors Advisory Forum “SECAF” (Chairman, 2006 - 2008); the Advisory Board of Virginia Tech’s Finance Department of the Pamplin College of Business (Vice Chairman 2015 - present); and Leadership Fairfax (Class of 2000).

Moore has a B.S. in Finance from Virginia Tech.

About Access National and its leadership

As indicated prior in this release, this is an expansionary role. Michael Clarke remains President and CEO of Access National Corporation and CEO of the Bank. He is relinquishing the title of President of the Bank with this appointment.Robert Shoemaker is being elevated to Chief Banking Officer from the current position of Executive Vice President and Chief Lending Officer. As Chief Banking Officer, Mr. Shoemaker will be responsible for shaping and directing the banking strategies designed to drive the most desirable mix of risk adjusted returns for the Company. Mr. Shoemaker also serves on the Board of Directors of both the Bank and the Holding Company. There are no changes to the Company’s Named Executive Officers for SEC reporting purposes.

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