Centric Financial Corporation Honored for the Seventh Time in Central Pennsylvania’s Top 50 Fastest Growing Companies
HARRISBURG, PA (October 20, 2020) — Centric Financial Corporation (“Centric) (OTC Pink: CFCX) has been named to Central Pennsylvania’s 24th annual Top 50 Fastest Growing Companies, a program that identifies the region’s most dynamic companies who have made significant contributions to the strength of the local economy.
“As partners in growth for businesses across the Commonwealth of Pennsylvania, we are honored to be in the incredible company of these 50 talented and growth-minded organizations,” says Patricia (Patti) A. Husic, President and CEO of Centric Bank and Centric Financial Corporation. “Sustaining double-digit growth is only possible with an extraordinary team. Their faith in our customers’ successes, their commitment to our We Revolve Around You philosophy, and their contagious optimism are priceless contributions. It’s both humbling and gratifying to be named #22 of 50 outstanding companies, and to be recognized for the seventh time.”
Nominees were ranked according to revenue growth over a three-year period, with both dollar and percentage increases taken into consideration. This ranking formula led to the recognition of both large and small companies. The final list of companies, with information on their financial growth, was published in a special Top 50 Fastest Growing Companies supplement to the Central Penn Business Journal.
To be eligible for consideration, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2017, 2018, and 2019; revenue growth in 2019, as compared to 2017 (a three-year period); and be headquartered in Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Perry or York county.
Top 50 Fastest Growing Companies is a Central Penn Business Journal program presented by Baker Tilly. Supporting sponsors included Spooky Nook Meetings & Events, Highmark Blue Shield, Centric Bank, Bank of Bird in Hand, Bench Dogs, and Schaedler Yesco. For more information about the awards, please visit www.CPBJ.com/events.
ABOUT CENTRIC FINANCIAL CORPORATION AND CENTRIC BANK
An American Banker 2019 and 2018 Best Banks to Work For, three-time American Banker Most Powerful Women in Banking Top Team, three-time Best Places to Work, and Top 50 Fastest-Growing Companies for seven years, Centric Bank is headquartered in south central Pennsylvania with assets of $1.04 billion and remains a leader in organic loan growth. A locally owned, locally loaned community bank, Centric Bank provides highly competitive and pro-growth financial services to businesses, professionals, individuals, families, and to the health care and dental industries with the Doctor Centric Bank Division. Centric Bank is a Top 10 SBA 7(a) Lender in the Eastern District of Pennsylvania and one of the Top 200 Community Banks in the U.S. in 2019 and 2020.
Founded in 2007, Pennsylvania-based Centric Bank has financial centers located in Harrisburg, Hershey, Mechanicsburg, Camp Hill, Doylestown, Devon, and Lancaster, as well as loan production offices in Devon, Doylestown, and Lancaster, and an Operations and Executive Office campus in Hampden Township, Cumberland County. To learn more about Centric Bank, call 717.657.7727 or visit CentricBank.com. Connect with them on Twitter, Facebook, LinkedIn, and Instagram.
Centric Financial Corporation is traded over the counter (OTC-Pink) with the ticker symbol CFCX.