June 24, 2010 (FinancialWire) — The board of Access National Corp. (NASDAQ: ANCX) has approved an increase in the number of shares of common stock to be repurchased under its share repurchase program from 2.5 million to 3.5 million shares, effective June 22.

As of June 21, the firm completed the purchase of 2,229,868 shares pursuant to the authorization at an average weighted price of $7.29 per share.

No termination date was set for the program.

Virginia-based Access National is the parent of Access National Bank, a nationally chartered bank that serves the business community in the Washington D.C. Metropolitan area with a full suite of financial services and an emphasis on electronic banking.

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