HARRISBURG, PA (August 3, 2021) – Centric Bank (“Centric”) (OTC Pink: CFCX), a wholly owned subsidiary of Centric Financial Corporation, has been named to Central Pennsylvania’s 25th annual Fastest Growing Companies, a program that identifies the region’s most dynamic companies who have made significant contributions to the strength of the local economy.
“We are honored to be named once again as one of the Fastest Growing Companies in Central PA. As partners in growth for businesses across Pennsylvania, it is our extraordinary team that makes it possible to sustain our momentum,” says Patricia (Patti) A. Husic, President and CEO of Centric Bank and Centric Financial Corporation. “Their dedication to our customers’ success and their commitment to our We Revolve Around You philosophy are priceless contributions.”
Nominees were ranked according to revenue growth over a three-year period, with both dollar and percentage increases taken into consideration. This ranking formula led to the recognition of both large and small companies. The final list of companies, with information on their financial growth, will be published in a special Fastest Growing Companies supplement to the Central Penn Business Journal on September 17.
To be eligible for consideration, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2018, 2019, and 2020; revenue growth in 2020, as compared to 2017 (a three-year period); and be headquartered in Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Perry or York county.
“This year’s Fastest Growing Companies are to be commended for their revenue growth over the past three years. Our ranking formula takes into consideration dollar and percentage increases, allowing us to recognize both large companies and small companies that have shown sustained growth in Central Pennsylvania,” said Suzanne Fischer-Huettner, senior group publisher of the Central Penn Business Journal. “Congratulations to all the winners.”
Top 50 Fastest Growing Companies is a Central Penn Business Journal program presented by Baker Tilly. The winners will be honored on September 9, 2021 at an online celebration from 8:30 to 10:00 AM with each winner being celebrated for their achievements through video storytelling. The Presenting Sponsor is Baker Tilly and the Awards Sponsor is Highmark. For more information about the awards, please visit www.CPBJ.com/events.
ABOUT CENTRIC BANK
Founded in 2007, Centric Financial Corporation, and its subsidiary, Centric Bank, is headquartered in south central Pennsylvania with assets of $1.1 billion and remains a leader in organic loan growth. A locally owned, locally loaned community bank, Centric Bank provides competitive and pro-growth financial services to businesses, professionals, individuals, families, and the health care industry. An American Banker 2020, 2019 and 2018 Best Banks to Work For, three-time Best Places to Work, Top 50 Fastest-Growing Companies for eight years, and twice ranked a Top 200 Publicly Traded Community Bank by American Banker for financial performance.
Centric Bank has financial centers located in Harrisburg, Hershey, Mechanicsburg, Camp Hill, Doylestown, Devon, and Lancaster, loan production offices in Lancaster and Devon, 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.
Centric Financial Corporation is traded over the counter (OTC-Pink) with the ticker symbol CFCX.
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