FVCbank announces strong growth in both deposits and loans for the year ending 2008, the bank’s first full year of operation.
For Immediate Release — October 09, 2007
David W. Pijor, Chairman and Chief Executive Officer of FVCbank, in organization, announced the Federal Reserve Bank of Richmond has approved the organization’s application for membership in the Federal Reserve System. “Membership in the Federal Reserve System provides our new bank with extensive products and services that will support our business plan.”
Mr. Riley, President and Chief Operating Officer, stated, “Construction continues to move forward at the new Main and Corporate offices at 11325 Random Hills Road, Fairfax, Va. 22030. Business development efforts are underway and the response has been outstanding.”