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John Marshall Bank Expands Commercial Team with the Hiring of Pete Follansbee as SVP, Commercial Team Lead, in Prince William County as Part of Regional Growth Strategy

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John Marshall Bank (JMSB) has announced the appointment of Pete Follansbee as Senior Vice President, Commercial Team Lead for Prince William County and surrounding areas. Follansbee, who will focus on commercial business including trade contractors, brings over 28 years of banking and leadership experience to the role.

Prior to joining John Marshall Bank, Follansbee served as a Commercial Relationship Manager at Sandy Spring Bank and as a Commercial Banker at Truist. A Magna Cum Laude graduate from James Madison University with a Bachelor of Business Administration, Follansbee also served in the United States Navy before entering the banking industry.

The appointment aligns with the Bank's strategy to strengthen its presence in core markets and industry specialties across the DC Metro area.

John Marshall Bank (JMSB) ha annunciato la nomina di Pete Follansbee come Vicepresidente Senior e Responsabile del Team Commerciale per la Contea di Prince William e le aree circostanti. Follansbee, che si concentrerà sulle attività commerciali, inclusi i contrattisti commerciali, porta con sé oltre 28 anni di esperienza bancaria e di leadership in questo ruolo.

Prima di unirsi a John Marshall Bank, Follansbee ha lavorato come Manager di Relazioni Commerciali presso Sandy Spring Bank e come Banchiere Commerciale presso Truist. Laureato Magna Cum Laude presso la James Madison University con un Bachelor in Amministrazione Aziendale, Follansbee ha anche servito nella Marina degli Stati Uniti prima di entrare nel settore bancario.

Questa nomina si allinea con la strategia della Banca di rafforzare la propria presenza nei mercati chiave e nelle specializzazioni industriali nell'area metropolitana di Washington DC.

John Marshall Bank (JMSB) ha anunciado el nombramiento de Pete Follansbee como Vicepresidente Senior y Líder del Equipo Comercial para el Condado de Prince William y áreas circundantes. Follansbee, quien se enfocará en negocios comerciales, incluidos los contratistas comerciales, aporta más de 28 años de experiencia en banca y liderazgo a este cargo.

Antes de unirse a John Marshall Bank, Follansbee trabajó como Gerente de Relaciones Comerciales en Sandy Spring Bank y como Banquero Comercial en Truist. Es graduado Magna Cum Laude de la Universidad James Madison con una Licenciatura en Administración de Empresas, y también sirvió en la Marina de los Estados Unidos antes de ingresar a la industria bancaria.

El nombramiento se alinea con la estrategia del Banco para fortalecer su presencia en los mercados clave y especialidades industriales en el área metropolitana de DC.

존 마샬 은행 (JMSB)피트 폴란스비를 프린스 윌리엄 카운티 및 주변 지역의 상업 팀 리더로 선임 부사장으로 임명했다고 발표했습니다. 폴란스비는 상업 비즈니스, 특히 거래 계약자에 집중할 예정이며, 이 역할에 28년 이상의 은행 및 리더십 경험을 제공합니다.

존 마샬 은행에 합류하기 전, 폴란스비는 샌디 스프링 은행에서 상업 관계 관리자 및 트루이스트에서 상업 은행원으로 근무했습니다. 제임스 매디슨 대학교에서 경영학 학사로 우등 졸업한 그는 은행 산업에 진입하기 전에 미국 해군에서도 복무했습니다.

이번 임명은 은행의 전략과 일치하여 DC 메트로 지역의 핵심 시장과 산업 전문성을 강화하는 데 중점을 두고 있습니다.

John Marshall Bank (JMSB) a annoncé la nomination de Pete Follansbee en tant que Vice-Président Senior et Responsable de l'Équipe Commerciale pour le comté de Prince William et les zones environnantes. Follansbee, qui se concentrera sur les affaires commerciales, y compris les entrepreneurs commerciaux, apporte plus de 28 ans d'expérience bancaire et de leadership à ce poste.

Avant de rejoindre John Marshall Bank, Follansbee a été Responsable de Relations Commerciales chez Sandy Spring Bank et Banquier Commercial chez Truist. Diplômé Magna Cum Laude de l'Université James Madison avec un Bachelor en Administration des Affaires, Follansbee a également servi dans la Marine des États-Unis avant d'entrer dans le secteur bancaire.

Cette nomination s'inscrit dans la stratégie de la Banque visant à renforcer sa présence sur les marchés clés et les spécialités industrielles dans la région métropolitaine de DC.

John Marshall Bank (JMSB) hat die Ernennung von Pete Follansbee zum Senior Vice President und Teamleiter für den gewerblichen Bereich im Prince William County und den umliegenden Gebieten bekannt gegeben. Follansbee, der sich auf das gewerbliche Geschäft, einschließlich Handelsunternehmer, konzentrieren wird, bringt über 28 Jahre Erfahrung in der Bankenbranche und Führungskompetenz in diese Rolle ein.

Vor seinem Eintritt in die John Marshall Bank war Follansbee als Commercial Relationship Manager bei der Sandy Spring Bank und als Commercial Banker bei Truist tätig. Er ist Magna Cum Laude-Absolvent der James Madison University mit einem Bachelor in Betriebswirtschaft und diente auch in der United States Navy, bevor er in die Bankenbranche eintrat.

Die Ernennung steht im Einklang mit der Strategie der Bank, ihre Präsenz in den Kernmärkten und branchenspezifischen Bereichen im DC-Metro-Gebiet zu stärken.

Positive
  • Strategic expansion of commercial banking team in key DC Metro market
  • Addition of experienced banking professional with 28+ years of industry expertise
Negative
  • None.

RESTON, Va.--(BUSINESS WIRE)-- John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is proud to announce the hiring of Pete Follansbee as Senior Vice President, Commercial Team Lead in Prince William County and the surrounding areas. With a focus on commercial business, including trade contractors, Mr. Follansbee will play a key role in the growth of the Bank’s core markets and industry specialties.

Pete Follansbee - SVP, Commercial Team Lead – Prince William County. (Photo: Business Wire)

Pete Follansbee - SVP, Commercial Team Lead – Prince William County. (Photo: Business Wire)

“Pete is a veteran banker, and we are very pleased to bring him on to the JMB commercial team,” Jason R. McDonough, EVP, Chief Lending Officer, said about Mr. Follansbee’s hiring. “His success in the banking industry and expertise underscores the Bank’s ongoing commitment to attracting and hiring the best banking professionals throughout the DC Metro area.”

Before joining John Marshall Bank, Mr. Follansbee served as a Commercial Relationship Manager for Sandy Spring Bank and as a Commercial Banker for Truist. With over 28 years of banking and leadership experience, Pete brings strategic experience to strengthen existing relationships while pursuing meaningful new business partnerships in and around Prince William County.

Mr. Follansbee graduated Magna Cum Laude from James Madison University with a Bachelor of Business Administration. Prior to joining the banking industry, he served in the United States Navy.

About John Marshall Bancorp, Inc.:

John Marshall Bancorp, Inc. is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, D.C. The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington D.C. Metro area. The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals. Dedicated Relationship Managers serve as direct points-of-contact, providing subject matter expertise in a variety of niche industries including Charter and Private Schools, Government Contractors, Health Services, Nonprofits and Associations, Professional Services, Property Management Companies and Title Companies. Learn more at www.johnmarshallbank.com.

Jason R. McDonough

EVP, Chief Lending Officer

703-584-0840

Source: John Marshall

FAQ

What is Pete Follansbee's new role at John Marshall Bank (JMSB)?

Pete Follansbee has been appointed as Senior Vice President, Commercial Team Lead for Prince William County and surrounding areas, focusing on commercial business and trade contractors.

What experience does Pete Follansbee bring to John Marshall Bank (JMSB)?

Follansbee brings over 28 years of banking and leadership experience, previously serving as Commercial Relationship Manager at Sandy Spring Bank and Commercial Banker at Truist.

Which geographic market will JMSB's new Commercial Team Lead cover?

Pete Follansbee will cover Prince William County and surrounding areas in the DC Metro region.

What is the strategic significance of this hire for JMSB?

This hire demonstrates JMSB's commitment to expanding its commercial team and strengthening its presence in core markets across the DC Metro area.
John Marshall

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