MainStreet Bank Receives Award

Jul 01, 2009, 14:01 ET from MainStreet Bank

HERNDON, Va., July 1 /PRNewswire-FirstCall/ -- MainStreet Bank (OTC Bulletin Board: MNSB) announced that it is the recipient of the Dulles Regional Chamber of Commerce 2009 Mid-Sized Business Award.

The Dulles Regional Chamber of Commerce is the largest chamber in Fairfax County and the 5th largest within the Washington, DC Metropolitan area. The Chamber serves the Dulles Corridor, one of the top two business zones in the nation, and spans two counties, giving it a unique footprint. The Chamber exists to promote and facilitate the success of businesses and the communities they serve through networking, workforce development, outreach, and advocacy.

Chairman, President & CEO Jeff W. Dick said, "I am extremely honored that the Chamber has recognized MainStreet Bank. All of our employees are significantly involved in all aspects of the communities where we live and work. MainStreet takes great pride in being a solid corporate citizen."

Dulles Regional Chamber President Eileen Curtis stated that, "MainStreet Bank has been an extraordinary supporter of both the Herndon Chamber and the Dulles Regional Chamber of Commerce, and we are most appreciative of the time and talents they have afforded us. They have been a most active community partner for the town of Herndon and its businesses."

With our robust and easy-to-use online banking technology, MainStreet Bank has now put our bank in over 250 businesses in the Metropolitan area. Using MainStreet Bank's secure website, business customers can do everything they can do in a branch, including: managing accounts, paying bills, transferring funds, initiating ACH and wire transfers, sweeping funds, making loan payments, advancing from lines of credit, and depositing cash. The technology interfaces with Intuit(R) and Microsoft(R) accounting software for greater efficiency in accounting and finance operations. For accounts payable, customers can also build in reminders, customize loan payments, and set up regular funds transfers.

The Bank has offices located at 727 Elden Street in Herndon, Virginia and 4029 Chain Bridge Road in Fairfax, Virginia. MainStreet Bank is 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 FDIC insurance on deposits up to $50 million. Further information on the Bank can be obtained by visiting its website at

This release contains forward-looking statements, including our expectations with respect to future events, that are subject to various risks and uncertainties. Factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations include: fluctuation in market rates of interest and loan and deposit pricing, adverse changes in the overall national economy as well as adverse economic conditions in our specific market areas, maintenance and development of well-established and valued client relationships and referral source relationships, and acquisition or loss of key production personnel. Other risks that can affect the Bank are detailed from time to time in our quarterly and annual reports filed with the Board of Governors of the Federal Reserve System. We caution readers that the list of factors above is not exclusive. The forward-looking statements are made as of the date of this release, and we may not undertake steps to update the forward-looking statements to reflect the impact of any circumstances or events that arise after the date the forward-looking statements are made. In addition, our past results of operations are not necessarily indicative of future performance.

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

SOURCE MainStreet Bank