Author Archives: Billy

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MainStreet Bank begins trading on OTCQX Platform

NEW YORK, Feb. 2, 2015 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced MainStreet Bank (Fairfax, VA) (OTCQX: MNSB), a community bank serving the Northern Virginia market with in-person and …

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MainStreet Bank Continues Record Performance

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) completed 2014 with fully taxed income of $1.753 million, 73% higher than that reported for 2013. “We had a great year all-around,” said Chairman, CEO and President Jeff W. Dick. “Our loan portfolio …

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OTC Markets Group Launches OTCQX Banks Index

New benchmark tracks performance of shareholder-friendly community and regional banks nationwide NEW YORK – January 26, 2015 – OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities, today announced …

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MainStreet Sets Course for Growth with $12.75 million Capital Raise

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) announces a successful $12.75 million capital raise through the issuance of common stock. “We were pleased that the offering was significantly oversubscribed. Investors clearly understand that the Washington, DC metropolitan area is a …

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Jacques Rebibo Joins MainStreet Bank Board

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) announces the addition of Jacques Rebibo to the Board of Directors. “This is a great opportunity for MainStreet,” said Chairman, CEO & President Jeff W. Dick. “Jacques has over 30 years of experience …

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MainStreet Bank Reports Record Performance

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) ended the first nine months of 2014 with net income of $1.17 million, almost double the level reported for the first nine months of 2013. “It feels like small business is back in …

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MainStreet Bank Reports Sixth Consecutive Year of Profitability

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) reported another profitable year with record net income of just over $1 million. The Bank’s book value per share continues to rise, totaling $9.99 as of December 31, 2013. The closing share price …

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MainStreet Bank Provides Aircharity® Fundraising Tool For Hurricane Sandy

Fairfax, VA – MainStreet Bank (OTC Bulletin Board: MNSB) established an aircharity® account to collect donations to help communities rebuild from the brutal devastation caused by Hurricane Sandy. MainStreet Bank has agreed to waive all fees for donations received through …

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David Cordingley Joins MainStreet Bank

Fairfax, VA – MainStreet Bank (OTC Bulletin Board: MNSB) reported that veteran banker David Cordingley has joined the Bank as a Senior Vice President with the commercial lending team. Mr. Cordingley has been involved in a leadership capacity in several …

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