Articles from Trustar Bank

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.

Trustar Bank has opened its newest branch location, and first in Arlington, Virginia, at 3033 Wilson Blvd, Suite 700 Arlington VA 22201.

Trustar Bank is thrilled to announce the opening of their newest retail location at 7901 Norfolk Avenue in Bethesda, Maryland.

Trustar Bank has relocated its Great Falls branch, formerly located at 9883 Georgetown Pike, Great Falls, VA 22066.

Trustar Bank is thrilled to announce the recent purchase of 7901 Norfolk Avenue and its plans to open a new office in Bethesda, Maryland this fall, subject to regulatory approval.

Trustar Bank is delighted to announce that it has completed the sale of its interest in Trustar Mortgage, LLC, a wholly owned subsidiary of Trustar Bank, to Archer Mortgage Holding Company, LLC. Going forward, Trustar Mortgage, LLC will operate as Archer Mortgage, LLC.

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.

Shaza Andersen, founder and Chief Executive Officer of Trustar Bank in Great Falls, VA, has been appointed to the Board of Commissioners of the Virginia Port Authority by Virginia Governor Glenn Youngkin. Ms. Andersen will serve a five-year term effective July 1, 2022 through June 30, 2027.

Trustar Bank is pleased to announce the successful completion of its recent capital raise. In less than a month’s time, the offering surpassed its initial $15 million goal, resulting in an over-subscription of 36% and over $20 million in received subscriptions. To accommodate the overwhelming investor support, the offering will be “up-sized” by approximately 20%, for a total capital raise of $18 million. This is the Bank’s second oversubscribed stock offering, the first taking place prior to the Bank’s inception in early 2019.

The Northern Virginia Women's Business Leaders Roundtable held at the Trustar Bank office building in Tysons, VA yesterday, brought together women entrepreneurs who celebrated women in business.