Centric Bank Recognized as #7 in the Top 50 Fastest Growing Companies in Central Pennsylvania
Harrisburg, Pennsylvania (September 19, 2018) – On Monday morning, September 17, 2018, fifty of Central Pennsylvania’s fastest growing companies were recognized for achieving significant growth in revenue over the past three years. The rankings were revealed and Centric Bank was recognized as the 7th fastest growing company in the Central Penn Business Journal’s 22nd annual list of the Top 50 Fastest Growing Companies in Central Pennsylvania for 2018. This is the sixth time that Centric Bank has achieved this recognition. The bank was ranked #18 in 2017.
“With a continued focus on small business lending in Pennsylvania, Centric Bank proudly remains a leader and continues 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. “Our culture, the Centric Bank Way, and the 26 fundamentals that define our brand and the way we do business is a key driver of why our employees choose Centric Bank. Our team is the reason for our success and the ability to continue our growth trajectory. Our employees take great pride in helping small business owners’ dreams and visions come to fruition and they live our tagline, We Revolve Around You every day for our customers.”
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 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.
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
An American Banker Best Banks to Work For in the U.S. in 2018, a three-time Best Places to Work in PA, and a Top Fifty Fastest-Growing Companies in Central PA for six years, Centric Bank is headquartered in south central Pennsylvania with assets of $720 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 #8 in approved SBA 7(a) loans in the Commonwealth of Pennsylvania as of June 30, 2018, and ranked #110 in SBA 7(a) loan volume in the United States at the end of 2017.
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.