FVCbank, a community bank with eleven offices in the DC metro area, announces the addition of Bill DePaola as Senior Vice President, Commercial Lender to their team in Lutherville, MD. DePaola brings extensive banking experience in business banking and commercial real estate lending. Previously taking on a variety of roles with Provident Bank, NationsBank, Wachovia […]
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FVCbank Adds Linda Long as New Senior Vice President, Commercial Lender
FVCbank, a community bank with eleven offices in the DC metro area, announces the addition of Linda Long as Senior Vice President, Commercial Lender to their team in Ashburn, VA. Having been in banking for over 30 years, Long brings extensive experience and knowledge to FVCbank. Long, most recently with Fulton Bank, started her career […]
FVCbank Promotes Cindy Piccione to SVP of Deposit Operations
FVCbank, a community bank with eleven offices in the DC metro area, has promoted Cindy Piccione to Senior Vice President of Deposit Operations. Piccione has been with FVCbank since January 2011, where she has played a key role in the full conversions of two banks, among many other significant accomplishments. Piccione leads a strong team […]
What Are Business Acquisition & Development Loans?
Businesses, both big and small, need access to capital to achieve their objectives. That is why many companies rely on business construction loans to fill the gap between their available cash flow and funding needs. Business acquisition & development loans, or A&D loans, are a specific type of business loan that are used to provide […]
Certificate of Deposit (CD) Advantages and Drawbacks
Certificates of deposit, or CDs, offer steady rates designed to fit your unique savings goals. This type of savings account has a fixed interest rate, a fixed date of withdrawal, and no monthly fees. A CD differs from a traditional savings account in a number of ways. Unlike a savings account which allows you to […]
Is My Money Safe in a Certificate Of Deposit?
Interest rates are on the rise, making now a better time than any to make smart investments. A CD, or certificate of deposit, is a type of savings account that has fixed interest and maturity dates. Widely available from banks and credit unions, CDs are considered one of the best savings options for investors looking […]