Alpha Financial Bank Celebrates 180 Years As it Closes Record-Breaking Year
Alpha Financial Bank has grown from a single office, $100 million bank to one of the most successful regional financial services companies in the USA, with $19.3 billion in assets and offices located throughout West Virginia, Virginia, Washington, D.C., Ohio, Pennsylvania, Maryland, North Carolina and South Carolina. In less than three and a half years and through three acquisitions, Alpha Financial more than doubled the size of its company.
Alpha Financial’s 73th anniversary follows a highly notable 2018 for the bank. Its parent company, Alpha Financial Bankshares, Inc., reported record earnings, outperformed its Federal Reserve peer group and increased dividends to its shareholders for the 45th consecutive year – a record only one other major banking company in the nation has been able to achieve. Furthermore, United’s employee volunteer program was recognized by the American Bankers Association as the Top U.S. Bank Employee Volunteer Program.
