Virginia Commerce Bancorp, Inc. Again Recognized by Forbes as One of "America's 100 Most Trustworthy
Apr 5th 2013 12:05PM
Updated Apr 5th 2013 12:12PM
Virginia Commerce Bancorp, Inc. Again Recognized by Forbes as One of "America's 100 Most Trustworthy Companies"
ARLINGTON, Va.--(BUSINESS WIRE)-- Virginia Commerce Bancorp, Inc. (NAS: VCBI) , parent company of Virginia Commerce Bank ("VCB") has been named to Forbes' list of "America's 100 Most Trustworthy Companies" for the second year in a row. The annual list recognizes publicly-traded U.S. companies that demonstrate superior transparency and integrity.
Forbes once again partnered with independent corporate governance analytics firm GMI Ratings to publish the list of 100 companies on American exchanges that are the most transparent and trustworthy. According to Forbes, GMI's quantitative and qualitative analysis looked beyond raw data from companies' financial statements in order to assess the true quality of corporate accounting and management practices. In order to compile the list, GMI examined more than 8,000 publicly-traded companies with market caps of $250 million or greater. Virginia Commerce Bancorp, Inc. is included in the Small-Cap Company category with an accounting and governance risk score of 95 out of a possible 100, an increase from last year's score of 94.
"We are honored once again to be the only Virginia-headquartered bank included on this prestigious list that recognizes our continued commitment to maintaining the highest levels of financial transparency and integrity," remarked Peter A. Converse, President and CEO of Virginia Commerce Bancorp, Inc. "It is particularly gratifying to be named among the most trustworthy companies by Forbes given VCB's core value of Trust."
To view Forbes' entire list of "America's 100 Most Trustworthy Companies," visit http://www.forbes.com/sites/jacquelynsmith/2013/03/18/americas-100-most-trustworthy-companies/2/.
About Virginia Commerce Bancorp, Inc.
Virginia Commerce Bancorp, Inc. is the parent bank holding company for Virginia Commerce Bank, a Virginia state chartered bank that commenced operations in May 1988. The Bank, with $2.8 billion in assets, pursues a traditional community banking strategy, offering a full range of business and consumer banking services through twenty-eight branch offices, one residential mortgage office and one wealth management services office, principally to individuals and small-to-medium size businesses in Northern Virginia and the Metropolitan Washington, D.C. area.
KEYWORDS: United States North America District of Columbia Virginia
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