Community bank partners with regional nonprofit and aims to raise donations and awareness
For Immediate Release — May 07, 2015
Fairfax, VA — Continuing to cultivate and expand long-lasting banking relationships within the community, FVCbank (FVCbank) received recognition by the Virginia Chamber of Commerce as one of Virginia’s Fantastic 50 – acknowledged as one of fastest-growing businesses in the state for the second time. FVCBank was first named a recipient of the award in 2013 as the only organization in the banking industry to receive the award that year.
As the only statewide competition to identify and rank the fastest growing companies, FVCBank was selected out of hundreds of applicants and honored among 50 businesses, all of which have been acknowledged for their immense entrepreneurial success and as positive influencers to Virginia’s economy.
“FVCbank is incredibly pleased to be recognized by the Virginia Chamber of Commerce as one of the 50 fastest growing Virginia businesses once again as the only financial institution to receive the award,” said David W. Pijor, FVCbank Chairman, President and Chief Executive Officer. “The commitment and dedication of our outstanding team and the incredible community partners with which we work allows us to continue this strong trend of growth within the industry.”
Since opening in 2007, FVCbank continues its commitment to not only provide top-tier financial assistance to customers, but also to remain active in the community with local philanthropic and civic organizations, resulting in positive and sustained, rapid company growth. With the addition of 33 employees, FVCbank not only doubled its number of employees since 2010, but also increased its annual revenue by more than half, with $20.5 million in revenue for 2013, an increase of $10.2 million over the four-year period.
“We are honored to continue to provide optimal assistance in achieving our customers’ banking needs, preserving our mission to assist each and every one of our customers reach his or her financial dreams for their family or business, ” Pijor added.
Eligibility for the award, now in its 20th year, is based on several distinguishing criteria, including the business’ total revenue growth and positive net income based on four-year revenues, as well as geographic location, as all recipients must be privately held companies headquartered in Virginia.
Along with nearly 500 other attendees, members of the FVCbank leadership team were honored at the Fantastic 50 Networking Reception and Award Banquet held last night in Chantilly, Virginia.