Lending News

MainStreet Bank Promotes Tom Floyd to Chief Lending Officer

MainStreet Bank Promotes Tom Floyd to Chief Lending Officer
MainStreet Bank Promotes Tom Floyd to Chief Lending Officer

MainStreet Bancshares, Inc., the holding company for MainStreet Bank, announced it has promoted Tom Floyd to Chief Lending Officer, entrusting him with strategic leadership over a growing loan portfolio that currently exceeds $1.4 billion.

Floyd, who joined the $1.8 billion-asset bank in 2017, was previously Senior Vice President and Regional Lending Manager. He has consistently been one of MainStreet Bank’s top performing lenders, with a special focus on real estate and construction lending. Floyd has been a commercial lender on the Washington, D.C., banking scene since 2007, working for community as well as regional banks.

Latest Fintech News: Marqeta Study: Australians Lead the Way in Digital Payment Use, as Mobile Wallet Use Spikes 67 Percent Post-COVID

Tom Floyd has been a lending powerhouse and a great team player since his arrival at MainStreet Bank.

“Tom has been a lending powerhouse and a great team player since his arrival at MainStreet Bank,” said Abdul Hersiburane, President of MainStreet Bank.  “We have always managed our loan portfolio with meticulous care, and Tom really excels at structuring credits to align with our risk tolerance while keeping customers’ changing needs in the forefront.”

Latest Fintech News: Marqeta Study: Australians Lead the Way in Digital Payment Use, as Mobile Wallet Use Spikes 67 Percent Post-COVID

“The vibrant metropolitan Washington business community continues to generate strong loan demand,” said Floyd. “I’m thrilled to work with MainStreet Bank’s lenders and customers to make sure we are bringing forward smart, creative solutions to meet diverse credit needs across our region.”

Floyd earned a Bachelor of Science in finance from Virginia Tech. He is also a graduate of the Virginia Bankers Association School of Bank Management. As Chief Lending Officer, he is filling a vacancy created by the departure of an executive who left to pursue another opportunity.

Related posts

TEMPOE Is Taking Their ‘Best in Class’ Customer Service to New Heights by Offering BPO Services

Fintech News Desk

Best Egg Partners with MX Technologies to Deliver Financial Insights to Consumers

Business Wire

BNG Bank: Strong Financial Performance and Social Impact

PR Newswire
1