MainStreet Bank Expands Payment Systems Team

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Apr 04, 2016, 03:25 ET

FAIRFAX, Va., April 4, 2016 /PRNewswire/ -- MainStreet Bank (OTC Bulletin Board: MNSB) announced the addition of Daniel Miner, CTP, as Senior Vice President and Director of Payment Systems.

Miner is a Certified Treasury Professional (CTP) with extensive experience in payment systems, risk management, and regulatory compliance. He will lead MainStreet Bank's initiative to strategically and selectively develop new infrastructure, relationships and partnerships to expand the bank's payment and risk management offerings to innovative and under-supported third party markets.

Mr. Miner's vast experience includes treasury management services at Northern Trust Bank, with roles in operations, consulting, sales, and product management; Group Manager of ACH and PIN debit products at Paymentech; Senior Director at NACHA as head of risk management and Director of the Electronic Check Council; and Principal at Treasury Strategies leading engagements in payments compliance and risk management in the financial institutions practice.

"Dan's experience is significant, and his methods are thoughtful and strategic. As we expand business opportunities in new markets, Dan is the perfect addition to our team." said Chairman, CEO, and President Jeff W. Dick.

Miner stated, "MainStreet Bank has a tested record of success and growth, and I could not be more elated to join their efforts. I look forward to applying my experience into the innovative and progressive model established by Mr. Dick and the entire MainStreet team."

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.