Corporate Profile
MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), is a small-cap financial holding company trading in the Nasdaq
Capital Market index. The financial holding company owns 100% of MainStreet Bank, a business-focused community bank
headquartered in Fairfax, Virginia. The Bank engages a branch-lite model with six full-service financial centers in Herndon,
Fairfax, McLean, Leesburg, Clarendon, and Washington, D.C. MainStreet Bank has 55,000 free ATMs and a fully integrated
online and mobile banking solution. The Bank is not restricted by a conventional branching system, as it can offer business
customers the ability to Put Our Bank in Your Office®. With robust and easy-to-use online business banking
technology, MainStreet has “put our bank” in well over 1,000 businesses in the metropolitan area.
In 2021, the Board and management decided to make an investment in technology that would best serve clients requiring
Banking-as-a-Service (BaaS). The Avenu BaaS solution was officially released into service on October 1, 2024. The ability to
digitally offer banking services in a safe and compliant manner allows the Company to reach new customer deposit segments,
diversify revenue streams and generate additional income. The BaaS market is currently underserved, and the opportunities
for a well-developed solution are robust. The Avenu business model is in line with the Company’s physical branch-lite
strategy.
MainStreet Bank provides a full-stack embedded banking solution that connects fintech partners and their apps directly and
seamlessly to the purpose-built Avenu core. Avenu’s clients are fintechs, social media solutions, application developers, money
movers, and entrepreneurs. They all have one thing in common: They are in search of a reliable partner to help innovate how
money moves - solving real-world issues and helping communities thrive. MainStreet Bank is that reliable partner dedicated
to providing a best-in-class solution to sustain long-term business relationships.
MainStreet Bancshares, Inc. has an investment grade rating of "A" from Egan-Jones Rating Company.