Tag : MainStreet Bank

MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group
Banking News

MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group

Fintech News Desk
by Fintech News Desk0
CB Top Ten™ Scorecard Ranks MainStreet Bank 29thof 599 Banks with Assets of $1B to $5B MainStreet Bank, the wholly owned subsidiary of MainStreet Bancshares, Inc. announced it has earned a second quarter 2022 top ranking from Irvine, California-based CB Resource Risk Management and Planning. “Latest Fintech News: Indian Oil Corporation Limited Enhances Customer Payment Experience with......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc. the holding company for MainStreet Bank, said its net interest margin widened as rates climbed in recent months, driving strong net income for the second quarter and six months ended June 30, 2022. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures The Bank’s loan portfolio is well positioned for increasing......
MainStreet Bank Promotes Tom Floyd to Chief Lending Officer
Lending News

MainStreet Bank Promotes Tom Floyd to Chief Lending Officer

Fintech News Desk
by Fintech News Desk0
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......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu Banking-as-a-Service (BaaS) subsidiary. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income......
MainStreet Bank Named Outstanding Large Business by Dulles Regional Chamber of Commerce
Banking News

MainStreet Bank Named Outstanding Large Business by Dulles Regional Chamber of Commerce

Fintech News Desk
by Fintech News Desk0
Galaxy Award Recognizes Bank’s Community Focus and Support for Local Businesses MainStreet Bancshares, Inc., announced that its subsidiary MainStreet Bank has been honored as the outstanding large business of the year by the Dulles Regional Chamber of Commerce. The $1.7 billion-asset bank received the civic organization’s Galaxy Award, which recognizes 2021’s outstanding......
MainStreet Bancshares President Charles Brockett to Retire
Banking News

MainStreet Bancshares President Charles Brockett to Retire

Fintech News Desk
by Fintech News Desk0
Charles (Chris) Brockett, who helped steer MainStreet Bancshares Inc., a $1.7 billion bank holding company, through five years of exceptional growth, announced he is retiring as the bank holding company’s president effective March 31. Brockett will remain a member of the board of directors of MainStreet Bancshares, which he joined as president in January......
MainStreet Bank Unveils Avenu Platform to Serve Fintech Partners
Banking Fintech News

MainStreet Bank Unveils Avenu Platform to Serve Fintech Partners

Fintech News Desk
by Fintech News Desk0
Solution Leverages MNSB’s Experience in Providing ‘Banking as a Service’ MainStreet Bank announces the launch of Avenu™, a transformative technology solution designed to meet the diverse banking and payment needs of fintech customers, including creators of mobile apps. The innovative platform leverages the $1.7 billion bank’s experience in providing Banking as a......
MainStreet Bank Selects Alkami to Power Its Digital Banking Transformation
Banking Digital Mobile Banking News

MainStreet Bank Selects Alkami to Power Its Digital Banking Transformation

Fintech News Desk
by Fintech News Desk0
The dynamic digital platform for both mobile and desktop applications will extend the bank’s superior customer experience into the digital banking channel Alkami Technology, Inc. , a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that MainStreet Bank  has signed a long-term contract to leverage......
MainStreet Bank Appoints New Chief Operating Officer
Banking Fintech InsurTech News

MainStreet Bank Appoints New Chief Operating Officer

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., (Nasdaq: MNSB), parent company of MainStreet Bank, announce the promotion of Lisa Kilgour to Executive Vice-President and Chief Operating Officer. Ms. Kilgour has an impressive 36-year career in community banking. She joined MainStreet Bank in 2017 and prior to that she served as Senior Vice-President of Operations for Middleburg......
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