Company Website: http://www.vcbonline.com
ARLINGTON, Va. -- (Business Wire)

Virginia Commerce Bank (the “Bank”) proudly announces the addition of Mark S. Merrill as ExecutiveVice President, Chief Financial Officer (CFO), effective February 21, 2012. Mr. Merrill is also the Chief Financial Officer for the holding company, Virginia Commerce Bancorp, Inc. (the “Company”), and serves as Principal Accounting Officer for both the Bank and the Company.

Virginia Commerce Bank welcomes Mark S. Merrill as Executive Vice President, Chief Financial Officer. (Photo: Virginia Commerce Bank)

Mr. Merrill joins the Bank with extensive experience in the financial services and accounting industries, and most recently served as Executive Vice President and CFO for Tower Bancorp, Inc. (Harrisburg, PA) until its merger earlier this month with Susquehanna Bancshares, Inc. Prior to joining Tower, Mr. Merrill served as Vice President of Accounting Policy and Financial Controls for Waypoint Financial Corp. and Waypoint Bank and as a Senior Associate in the financial services practice of PricewaterhouseCoopers LLP. Mr. Merrill assumed his new position with Virginia Commerce Bank from Wilmer L. Tinley, Jr., who came out of retirement in March of last year to serve as the interim CFO after the untimely passing of the Bank’s longstanding CFO, Bill Beauchesne.

“I am excited to be part of the executive management team at Virginia Commerce Bank,” said Merrill. “The Bank has a legacy of success in what is arguably the strongest market in the nation. My wife and two sons are thrilled to be in Northern Virginia and I look forward to working with management to continue to drive the Bank’s strong performance.”

Peter A. Converse, President and CEO, commented, “The Board and executive management are delighted to welcome Mark to our team. We will benefit from his impressive accounting and financial services background, diverse strategic planning experience and strong leadership skills as we continue our progress toward $3 billion in assets and beyond.”

Mr. Merrill earned his Bachelor of Science in Accounting from Elizabethtown College. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

Established in 1988, Virginia Commerce Bank (NASDAQ:VCBI) is a full-service, community bank headquartered in Arlington, Virginia, with over $2.9 billion in assets. The Bank serves the Northern Virginia and Fredericksburg markets with twenty-eight branches, a mortgage lending office and a wealth management services department. For further information about VCB’s many services and a map of convenient locations, please visit our Web site at VCBonline.com.

© 2012 Virginia Commerce Bank. All Rights Reserved.

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Contacts:

Virginia Commerce Bank
Patricia M. Ostrander
EVP, Chief Administrative Officer
703-633-6120, Extension 101
postrander@vcbonline.com
VCBonline.com

Source: Virginia Commerce Bank