MainStreet Bank Appoints Jimmy Olevson as Chief Lending Officer

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Jun 21, 2016, 09:51 ET

FAIRFAX, Va., June 21, 2016 /PRNewswire/ -- MainStreet Bank (OTCQX: MNSB) expanded its leadership team with the addition of Jimmy Olevson as Chief Lending Officer.

Mr. Olevson has 20 years of experience in commercial banking with a focus on Commercial and Industrial (C&I) lending particularly in the government contracting space. Olevson will manage MainStreet's team of commercial lenders with a focus of integrating the strong core lending team with a team of up-and-comers in order to maximize market penetration for MainStreet.

Mr. Olevson has strong roots in the community. He is President of the Ashburn Volunteer Fire & Rescue Department and Firefighter/EMT, President of the Rotary Club of Ashburn and has been voted "Best Banker in Town" by Leesburg/Ashburn Today newspaper for 2014 and 2015 and to the "Top 40 under 40" by the Loudoun Times Mirror.

"Jimmy's seasoned lending background along with his approach to leadership is an excellent addition to the MainStreet team," said Chairman, CEO, and President Jeff W. Dick. "He has been successful in penetrating the Washington, DC marketplace with relative ease and agility, and I look forward to seeing the commercial lending team grow under his stewardship."

ABOUT MAINSTREET BANK: MainStreet operates five branches in Herndon, Fairfax, Fairfax City, McLean and Clarendon. In addition, MainStreet has 55,000 free ATMs and a fully integrated online banking solution. The Bank is not restricted by a conventional branching system, as it can offer business customers the ability to Put Our Bank in Your Office^®. With robust and easy-to-use online business banking technology, MainStreet has literally "put our bank" in well over 750 businesses in the Metropolitan area.

From mobile banking and Apple Pay to instant-issue Debit Cards, MainStreet Bank is always looking for ways to improve its customer experience. Additionally, MainStreet released Aircharity^® in 2012. Aircharity^® is a unique solution that empowers people and organizations to raise money via email, websites and social media. The product allows a customer to open an account and accept donations from debit cards, credit cards and electronic checks.

MainStreet Bank was the first community bank in the Washington, DC Metropolitan area to offer a full online business banking solution. MainStreet Bank was also the first bank headquartered in the Commonwealth of Virginia to offer CDARS – a solution that provides multi-million-dollar FDIC insurance. Further information on the Bank can be obtained by visiting its website at mstreetbank.com.

Contact:
Jeff W. Dick
(703) 481-4567

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SOURCE MainStreet Bank