Centric Bank Ranks #18 in the Top 50 Fastest Growing Companies of 2017
HARRISBURG, PA (October 4, 2017) – On Monday morning, September 25, 2017, 50 central Pennsylvania-based companies were recognized for achieving significant growth in revenue over the past three years. In front of a capacity crowd, the rankings were unveiled and the businesses were recognized as the Top 50 Fastest Growing Companies in Central PA. This was the Central Penn Business Journal’s 21st annual Top 50 Fastest Growing Companies awards program.
Centric Bank is proud to announce its rank as Number 18 on the list. This is the fifth time Centric has received recognition on this list; in 2015 the Bank was ranked Number 49.
“The outstanding efforts of our team have resulted in continued double-digit loan growth, particularly in the areas of commercial lending for small businesses and commercial real estate. Centric achieved the half-billion in assets mark earlier this year, with four financial centers, two loan production offices, and over 110 employees – all serving central Pennsylvania, suburban Philadelphia, Lehigh Valley, and western New Jersey. We remain a leader in SBA lending in the Commonwealth,” says Patricia A. (Patti) Husic, President & CEO of Centric Bank and Centric Financial Corporation. “We are shattering expectations with record-breaking loan growth and one of the finest teams in the banking industry.”
Baker Tilly, the award program’s presenting sponsor, calculated the nominations and then ranked the companies according to revenue growth over the three-year period of 2014-2016. Both dollar and percentage increases were taken into consideration, which led to the list of the 2017 Top 50 Fastest Growing Companies, consisting of both large and small companies.
The ranked list of honorees and profiles of each company and their financial growth was featured in a special publication inserted into the September 29 issue of the Central Penn Business Journal.
The Top 50 Fastest Growing Companies is a program of the Central Penn Business Journal and is presented by Baker Tilly. Other sponsors include Comcast Business, Highmark Blue Shield, McNees Wallace & Nurick, LLC, S&T Bank and Polaris Advisors. Visit www.CPBJ.com/events for more information about the awards and winners.
About Centric Bank
A three-time Best Places to Work and named a Top 50 Fastest-Growing Companies for five years, Centric Bank is headquartered in south central Pennsylvania with assets of $525 million and remains the leader in organic loan growth in central Pennsylvania. A locally owned, locally loaned community bank, Centric Bank provides highly competitive and pro-growth financial services to businesses, professionals, individuals, families, and the health care and agricultural industries. Centric Bank was named a Top 100 SBA 7(a) Lender in the United States in 2016 and ranks #2 in approved SBA 7(a) loans in the Commonwealth of Pennsylvania.
Founded in 2007, Pennsylvania-based Centric Bank has financial centers located in Harrisburg, Hershey, Mechanicsburg, and Camp Hill, and loan production offices in Lancaster and suburban Philadelphia. To learn more about Centric Bank, call 717.657.7727 or visit CentricBank.com. Connect with them on Twitter, Facebook, LinkedIn, and Instagram.
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