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Former Tower CFO becomes CEO at Virginia bank

Mark S. Merrill - (Photo / Submitted)

A Harrisburg-area native and Elizabethtown College graduate has been named the CEO of a small, Virginia community bank with plans for growth in the Washington, D.C.-metro area.

Mark S. Merrill, 39, who got his start in banking at the former Waypoint Bank in Harrisburg, takes over as CEO of Old Dominion Bank in the Charlottesville, Va., area. He started at Old Dominion in December as an executive vice president.

The Central Dauphin High School graduate takes over for retiring CEO William Klich.

After leaving Waypoint, he became CFO at what would become Tower Bancorp Inc. in 2006. He helped take the company public in 2009. By 2012, the same year Susquehanna Bancshares Inc. acquired Tower, he moved on to the CFO position at Virginia Commerce Bancorp Inc. and in 2014 was an executive vice president at Bethesda, Md.-based Eagle Bancorp Inc., a bank with nearly $6 billion in assets.

Old Dominion has about $45 million in assets and two full-service branches in the Charlottesville area. The bank is planning to open new full-service branches in downtown Charlottesville and in Northern Virginia, where it currently has a loan production office in Fairfax County.

Michael Sadowski

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