Virginia Commerce Bank Announces Opening of Mt. Vernon Branch

Business Wire, August 30, 2004

ARLINGTON, Va. -- Virginia Commerce Bank (VCB) is pleased to announce the opening of its Mt. Vernon branch, located at 7901 Richmond Highway in Alexandria. The new branch, which is the fourteenth overall for VCB, opened for business on August 10, 2004.

A special ribbon-cutting ceremony is planned for Thursday, September 16, at 10:00 a.m. In addition to VCB staff and the Bank's Board of Directors, invited guests include Congressman Jim Moran and Fairfax County Board of Supervisors Gerry Hyland (Mt. Vernon district) and Dana Kauffman (Lee district). The Bank also welcomes its new neighbors throughout the Mt. Vernon community to attend the ceremony. Refreshments will be served.

The opening of this branch is part of a previously announced branching strategy that is expected to result in one to three new branches a year. Additional locations expected to open over the next twelve months will include Alexandria, Chantilly, Tysons Corner and Manassas.

In addition to the ribbon-cutting ceremony, VCB will continue the celebration for several weeks, providing free coffee and donuts to all who visit the Mt. Vernon branch and offering attractive rates and cash bonuses to those who open new accounts.

Established in 1988, Virginia Commerce Bank is a wholly-owned subsidiary of Virginia Commerce Bancorp, Inc., a registered financial holding company listed on the Nasdaq National Market under the symbol "VCBI." Consistently rated as the region's best bank in customer satisfaction, VCB offers a complete range of banking services throughout Northern Virginia. Including the new Mt. Vernon location, the Bank operates fourteen branches, two residential mortgage lending offices and an investment services office. For further information about VCB's many services and a map of convenient locations, visit our Web site at www.vcbonline.com.

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