Burke & Herbert Bank has been an iconic institution in Alexandria since 1852, but the financial institution has been cozying up to the city’s southern neighbor with a new centralized office.
Similar to how the city is consolidating its services in a new West End facility, Alexandria’s Burke & Herbert Bank is planning to centralize just south of the border with Fairfax.
While the bank’s headquarters will remain at the historic building in Old Town (100 South Fairfax Street), much of the rest of its operations will be shifted to a new headquarters at 5680 King Centre Drive in Franconia.
The bank said in a release that the local workforce is currently scattered around the region, and the new building will allow it to become more centralized.
“Consolidating our team under one roof allows us to improve collaboration, work much more efficiently, and continue to strengthen and build the Bank’s signature culture of community as we embrace future expansion,” said David P. Boyle, the Bank’s President and Chief Executive Officer, in the release. “The acquisition of this building is consistent with our plans for growth as we continue to execute our strategic priorities.”
The release said the new office will bring together the several branches within the bank under one roof.
“The new office will house employees from several departments, including commercial, treasury management, retail banking, human resources, operations, finance and accounting, credit risk management, marketing, digital strategy, and information technology,” the release said. “The new location is more centrally located for its expanding workforce; is certified as a LEED Gold level building, and provides additional visibility for the Bank.”
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