 |
 |
 |
 |
 |
 |
 |
|
 |
 |
 |
 |
Corporate Profile: MainStreet BankMainStreet Bank's (OTCBB: MNSB) strategic plan is based on the premise of enhancing stockholder value and franchise value through internal growth as well as selective strategic and geographic expansion. Our short-term goals include creating an attractive distribution network utilizing the latest in internet banking technology. Our corporate office and main branch is located at 727 Elden Street in Herndon, Virginia. The Bank also opened a branch in Fairfax City, located at 4029 Chain Bridge Road, Fairfax, Virginia. Our board and management believe the natural evolution of a community-focused bank involves expanding our delivery channels. We use internet-based technology to drive business deposit growth. In 2005, we established MainStreet Connect, which is a division of MainStreet Bank. Through MainStreet Connect, we Put our branch in Your Office™ . MainStreet Connect offers the following services at the customer’s desktop using secure internet SSL technology: 1. Scan and deposit business and personal checks into any number of accounts held by the account holder; 2. Download scanned and captured information directly into business accounting systems; 3. Take payments via individual or recurring Automated Clearing House (ACH) debits/credits for customer payment convenience; 4. Take payments via the telephone for customer payment convenience; 5. Take payments via a web portal for customer payment convenience; and 6. Initiate wire transfers, payment of bills, transfer of funds, cash manangement, and automatic download to business accounting systems (e.g. Quickbooks®) for the business owner payment convenience. We also offer the following services through traditional delivery and interent-based technology: - Sweep accounts; - Repurchase Agreement accounts; - Zero balance accounts; - Lock box Agreement accounts; and - Certificate of Deposit Margin accounts. We have a team of sales representatives who’s primary objective is to develop and retain new business accounts. The sales approach established by the Bank has allowed us to go beyond the traditional branch footprint. Our ability to Put our branch in Your Office™, combined with the depth of products and services offered, provides a complete banking package for our business customers. The sales representatives work closely with the commercial lending team to generate and cross-sell new business opportunities. We plan to continue to develop MainStreet Connect to offer other loan and deposit products and services on our website. We view the internet as a significant product delivery channel that meets the time and convenience needs of many of our current and future customers. |
MainStreet Bank Investor Relations Contact Transfer Agent |
|||||
 |