Cardinal Financial in Virginia Combines Banks

Cardinal Financial (CFNL) in Tysons Corner, Va., has merged its two banks.

The $3.1 billion-asset company said Monday that its Cardinal Bank has absorbed Business Bank, which had been a unit of United Financial. Cardinal bought United Financial for $52 million in January.

Cardinal has 37 branches in Virginia, Maryland and Washington, D.C.

The company also operates George Mason Mortgage, a residential mortgage lender in Fairfax, Va., and Cardinal Wealth Services.

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Consumer banking M&A Maryland Virginia
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