MainStreet Bancshares, Inc. Appoints Charles Brockett as President
November 16, 2016 at 11:07 pm IST
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MainStreet Bancshares, Inc. named Charles (Chris) Brockett as President of MainStreet Bank and MainStreet Bancshares, Inc. As President, Brockett will also hold a seat on the Board of Directors of MainStreet Bank as well as MainStreet Bancshares, Inc. Brockett most recently held the position of Executive Vice President, Director of Operations at EagleBank. Mr. Brockett held this position beginning in November 2014 (following Eagle Bancorp's completion of its acquisition of Virginia Heritage Bank) until May of 2016. In this role, Mr. Brockett had direct oversight responsibility for all of the retail banking operations, deposit and loan operations, information technology, residential lending operations, marketing, and facilities.
MainStreet BankShares, Inc. is a bank holding company. The Company's subsidiary is Franklin Community Bank, National Association (Franklin Bank). Franklin Bank is a nationally chartered commercial bank and member of the Federal Reserve whose deposits are insured by the Federal Deposit Insurance Corporation (FDIC). Franklin Bank accepts deposits from the general public and makes commercial, consumer, and real estate loans. The Company formed a wholly owned real estate company, MainStreet RealEstate, Inc., for the sole purpose of owning the real estate of the Company. It owns the facility in which Franklin Bank's Southlake branch operates.