Robert Glomb Joins MainStreet Bank

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Mar 17, 2010, 04:44 ET

HERNDON, Va., March 17 /PRNewswire-FirstCall/ -- MainStreet Bank (OTC Bulletin Board: MNSB) announced that Robert (Bob) Glomb has joined the bank in the position of Commercial Lender and Senior Vice President.

"Bob's experience in creating and tailoring solutions for his customers and his wide range of experience fits well with the approach we take with our customers," said Chairman, President & CEO Jeff W. Dick.

Mr. Glomb has been very active in lending to a wide variety of small and mid-sized businesses prior to coming to MainStreet Bank. "The team approach makes MainStreet Bank very attractive. The ability to work directly with the customer and develop a plan tailored for them is exciting and is a perfect match for me," said Glomb. Bob can be reached at [email protected] or 703.481.4575

In addition to the banking offices located at 727 Elden Street in Herndon, 4029 Chain Bridge Road in Fairfax, and 6832 Old Dominion Drive in McLean, MainStreet Bank offers business customers the ability to Put Our Bank in Your Office ® with simple-to-use technology. The Bank's secure web-enabled technology is used to manage accounts, pay bills, transfer funds, initiate wire transfers, sweep funds, make loan payments and advance from lines of credit. The technology can interface with Intuit® or Microsoft® 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.

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.