FVCbank (the “Bank”) has acquired a membership interest in Atlantic Coast Mortgage, LLC (“ACM”). As a result of such investment, the Bank has obtained a 28.7% ownership interest in ACM. The transaction is effective today, August 31, 2021. The Bank provides a warehouse lending facility to ACM, including a construction-to-permanent financing line, and has developed… Read More »
Announcements
FVCBankcorp, Inc. Announces Second Quarter 2021 Earnings and Record Quarterly Loan Growth
FAIRFAX, Va.–(BUSINESS WIRE)– FVCBankcorp, Inc. (NASDAQ: FVCB) (the “Company”) today reported second quarter 2021 net income of $5.2 million, or $0.36 diluted earnings per share, compared to $2.9 million, or $0.21 diluted earnings per share, for the quarterly period ended June 30, 2020, an increase of 79%. Net revenues, which include net interest income plus… Read More »
Blue Ridge Bankshares, Inc. and FVCBankcorp, Inc. Announce Transformational Combination to Create a Top-Performing Financial Institution
Enhanced Scale to Drive Increased Growth and Profitability: Strengthens core franchise to create 4th largest Virginia-headquartered community bank1 Strong, Affluent, Growing Markets of Operation: Strong, affluent growth markets across Virginia, Maryland and North Carolina Enhanced Revenue Streams with Increased Sources of Fee Income: Specialty business lines, including mortgage, SBA, government contracting and FinTech partnerships Powerful Operating… Read More »
Dulles Based Non-Profit Organization Recognized as Recipient of The 2021 L Burwell Gunn Award
We would like to congratulate Gordon Sumner and the entire Veterans Moving Forward organization for being recognized as the 2021 L Burwell Gunn recipient(s) for excellence in the field of philanthropy. Founded in 2010, Veterans Moving Forward, Inc is a 501(c)(3) nonprofit organization headquartered in Dulles, Virginia. For over a decade, the mental health and… Read More »
Paycheck Protection Program, 2nd Round: Frequently Asked Questions
What To Know What do I need to be eligible for a PPP loan in the new round? Demonstrate at least a 25% reduction in gross receipts (to be defined by SBA) in any quarter of 2020 relative to the same quarter in 2019 Employ fewer than 300 employees per physical location Demonstrate that you… Read More »
Reston Based Non-Profit Organization Honored As One Of The 2020 L Burwell Gunn Award Recipients
We would like to congratulate Susan Ungerer and the entire Kids R First organization for being one of this year’s recipients of the L Burwell Gunn Citizenship Award for Excellence in the field of Philanthropy. Kids R First is a volunteer-based foundation dedicated to the education and assistance of children coming from families of limited… Read More »
