Alliance Bankshares Expands Management Staff with Senior Credit Officer Position; Jack McKenney joins the Bank as Senior Vice President.Business Editors CHANTILLY, Va.--(BUSINESS WIRE)--March 9, 2004 Alliance Bankshares (Nasdaq:ABVA), announced today that John B. "Jack" McKenney, III, has joined the Bank as Senior Vice President and Chief Credit Officer. "Jack brings a vast amount experience to Alliance," said Thomas A. Young, Jr., President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alliance Bank. "He is an excellent addition to our already strong management team and represents our continued commitment to financial stability and credit quality standards," added Young. Mr. McKenney brings nearly 30 years of banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. experience to Alliance Bank. Mr. McKenney began his banking career in 1976 at Bank of Virginia, which became Signet Banking Corporation and later First Union. A seasoned commercial lender Whilst nearly all lenders offer loans on a commercial basis the term commercial lender has differed meanings around the world.
Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against designation from the Florida Institute of Technology Florida Institute of Technology is an independent technical college located in Melbourne, Florida (Brevard County), United States. It was founded by Jerome P. Keuper on September 22, 1958 as Brevard Engineering College, absorbing the University of Melbourne, and changing its name . "I'm very excited about joining Alliance Bank, which has emerged as one of the leading community banks in the Washington area. This new position represents the unique opportunity to be part of a dynamic organization that is poised to expand its presence in the marketplace," said McKenney. Alliance Bankshares Corporation is a locally managed community banking organization based in Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. . The independent status of the organization allows the bank's management to create, implement and maintain banking services with a level of flexibility, creativity and discretion that is not possible with larger institutions. Some of the matters discussed herein may include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These forward-looking statements may include statements regarding profitability and financial and other goals. These statements are based on certain assumptions and analyses by the Company and other factors it believes are appropriate in the circumstances. However, the Company's expectations are subject to a number of risks and uncertainties and other factors that could cause actual results, events and developments to differ materially from those contemplated by any forward-looking statements herein. Consequently, all forwarding-looking statements made herein are qualified by these cautionary statements and cautionary language in the Company's most recent report on Form 10-KSB and other documents filed with the Securities and Exchange Commission. More information on Alliance Bankshares Corporation can be found online at www.alliancebankva.com, or by phoning an Alliance office. |
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