Centric Bank Named One of the Top 50 Fastest Growing Companies in the Region
Harrisburg, Pennsylvania (June 29, 2018) – Centric Bank is proud to announce that it has been named to the Central Penn Business Journal’s 22nd annual list of the Top 50 Fastest Growing Companies in Central Pennsylvania. This is the sixth time that Centric Bank has achieved this milestone.
“Centric Bank proudly remains a leader in small business lending in Pennsylvania, and we continue to shatter expectations with record-breaking growth and one of the finest teams in the banking industry,” says Patricia A. (Patti) Husic, President & CEO of Centric Bank and Centric Financial Corporation. “The outstanding teams at our four financial centers and two loan production offices are proud to serve our neighbors in central Pennsylvania and suburban Philadelphia.”
In order to be eligible for consideration, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2015, 2016 and 2017, as well as revenue growth in 2017, as compared to 2015. For-profit entities that are headquartered in Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Perry or York County were eligible for nomination.
The presenting sponsor of the program, Baker Tilly, calculated the nominations and then ranked the companies according to revenue growth over the three-year period. Both dollar and percentage increases were taken into consideration. This ranking formula led to the list of 50 winners.
Centric Bank and the other 49 winners will be honored at an awards breakfast on Monday, September 17, 2018, when their ranks will be revealed. A complete, ranked list of honorees and profiles of each company and their financial growth will be published in a special supplement to the September 21 issue of the Central Penn Business Journal.
Top 50 Fastest Growing Companies is a program of the Central Penn Business Journal and is presented by Baker Tilly. Additional sponsors include: Comcast Business, Highmark Blue Shield, McNees Wallace & Nurick LLC, Spooky Nook Meetings & Events, Union Community Bank & Robert Half. For more information about the awards, please visit www.CPBJ.com/events.
About Centric Bank
A three-time Best Places to Work and a Top 50 Fastest-Growing Companies for six years, Centric Bank is headquartered in south central Pennsylvania with assets of $650 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 industry. Centric Bank ranks #110 in SBA 7(a) loan volume in the United States as well as #3 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, loan production offices in Lancaster and suburban Philadelphia, 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.
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