Harrisburg, PA (PRWEB) October 31, 2011
Harrisburg-headquartered Centric Bank President and CEO Patricia A. Husic has been chosen by American Banker as one of The 25 Women to Watch in U.S. banking and finance. Selected from hundreds of executive applicants in a nationwide ranking, Husic’s leadership role in Centric Bank’s founding, branding, strong loan growth, community leadership, and innovative expansion strategies caught the attention of the selection committee.
“My focus as the CEO has been on Centric’s financial performance and loan growth, but always with the end goal of providing capital for our small businesses to prosper and grow. When people lose confidence in the market, they don’t hire, expand, or create jobs. We see ourselves as financial first responders,” said Husic, who also serves as second vice chair for the Pennsylvania Bankers Association and will be the statewide association’s chair in 2013.
“The women in our ranking have cleared the path to success for themselves, and importantly, for the women who will follow them. It is remarkable to think about how much progress has occurred in a single generation, since the time when many of the women in our ranking began their careers,” said Heather Landy, editor in chief of American Banker Magazine.
Highlighted in the top tier of women banking leaders are the familiar industry names of JPMorgan Chase, Citi, Wells Fargo, and Bank of America, many with assets above $2.3 trillion. Centric Bank, a de novo bank with assets of $228 million, joins the elite group of institutions and is proud to be recognized for organizational excellence and influence in the industry.
Centric Bank funded $8.2 million in local loans to minority- and women-owned businesses in 2010—engineering firms, law firms, physicians’ practices, marketing firms, cleaning services, computer services, and retail stores in the Harrisburg capital region. “These business owners are our Main Street, the foundation of our economy, said Husic. “Prognosticators say, ‘When the economy rebounds, we’ll consider a growth plan,’ and I remind our team that we are the economy. We lead with financial opportunities and follow with solid business growth.”
“It is an honor to join leaders in some of the world’s most powerful banks. As a professional, I understand my responsibility to lead by example and to meaningfully change industry environments where I can. What the women in banking lists do is help banks renew their commitment to develop female talent and encourage mentorships and foster career development,” said Husic.
There are six million employees in the American banking industry, says Landy, and 61% of them are female. In Pennsylvania, there are 12 female CEOs out of 268 but Husic is optimistic about the influence forged by women leaders in banking and their future in the industry. In addition to The 25 Women to Watch are The 25 Most Powerful Women in Banking, The 25 Most Powerful Women in Finance, and the Top Banking teams.
The lists can be viewed online.
A 2010 Best Places to Work and 2011 Top 50 Fastest-Growing Companies, Centric Bank is headquartered in Harrisburg, Pennsylvania with assets of $228 million. A “locally owned, locally loaned” community bank, Centric provides highly competitive and pro-growth core financial services to businesses, professionals, individuals, and families. Founded in 2007, Centric Bank has financial centers located in Harrisburg, Mechanicsburg, and Camp Hill, Pennsylvania.
To learn more about Centric Bank, please call 717.657.7727 or visit their website at http://www.CentricBank.com.