First National Bank is coming to 704 King Street in Old Town.
The 4,200-square-foot retail building has been vacant since Nando’s Peri-Peri moved from the location last July.
The new bank, which underwent a significant interior renovation over the last year, is also a block away from the new Chase Bank that opened at the corner of King and Washington Streets last month.
The move is part of an FNB expansion from seven to 11 banks in the Northern Virginia and D.C. Metro area by this year, according to a 2023 news release. The Pennsylvania-based bank has been acquiring local banks in order to fill in the gap between D.C. and North Carolina, according to the Washington Business Journal.
An opening date for the new branch has not been announced.