Best of the Rest
Best Community Bank
It’s not unusual to find Virginia Commerce Bank (VCB) employees doing yard work at residences for the disabled, or organizing clothes at a neighborhood thrift store. The bank also offers free shredding events at local branches throughout the year. It’s the antithesis of a faceless financial institution.
“To be successful in the community it’s important to be involved and ingrained in the community,” says Executive Vice President and Chief Lending Officer R.B. “Randy” Anderson Jr., who models that mantra himself. He’s served as chair of the Arlington Chamber of Commerce and is active in Leadership Arlington.
Stephen Fedorchak, co-owner of The Liberty Tavern, Lyon Hall and Northside Social, says the bank offers the best of both worlds for local small businesses. “There’s not only a level of professionalism with their service, there’s a level of warmth and care that goes beyond what people expect,” he says, describing transactions with the bank as “really painless.”
Founded in 1988 in Arlington, VCB is listed as a preferred lender by the U.S. Small Business Administration, and its parent company (Virginia Commerce Bancorp) was recently named by
Forbes as one of “America’s 100 Most Trustworthy Companies” for the second year in a row. “They’re able to be competitive and responsive but also creative in a way that larger banks aren’t,” says Nina Janopaul, president/CEO of Arlington Partnership for Affordable Housing (APAH).
None of that will change with VCB’s recent merger with United Bank, says Anderson, who serves on the APAH board. “We have a special brand of banking and community commitment, and we want to continue that tradition,” he says. –A.B.W.
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