New Director Brings Significant Government Contract Financing Expertise
FAIRFAX, Va., March 25, 2026 (GLOBE NEWSWIRE)
-- Mainstreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the financial holding company for MainStreet Bank,
announces the appointment of Morgan Higgins, seasoned financial executive, as a Director of the Bank.
Ms.
Higgins brings over 20 years of experience in banking and government contracting, with a specific focus on strategic
growth in the defense and government services markets. Ms. Higgins is a Partner at Blue Delta Capital Partners, a
venture capital firm, where she leads equity investments in emerging government contracting businesses that are
scaling in the U.S Federal Government market. Prior to Blue Delta, Ms. Higgins was an Executive Director at JP
Morgan Chase where she helped grow and scale the Washington, D.C. Middle Market Aerospace and Government Service
banking team with a focus on helping government contractors with all their banking needs including growth through
mergers and acquisitions.
“Morgan brings a powerhouse combination of finance and risk mitigation in a strategic growth environment,” said Jeff.
W. Dick, Chairman and CEO of both the Company and the Bank. “Her track record in scaling middle-market firms and her
understanding of the public sector are invaluable assets. As we continue to expand our commercial footprint, her
expertise will be pivotal in driving shareholder value.”
Ms. Higgins also serves as a director of Core One Solutions, CSA, as well as the National Capital Chapter of
Association for Corporate Growth, which focuses on building corporate expansion and value.
“MainStreet and its board has a reputation for disciplined growth and community focus,” said Higgins. “I am eager to
leverage my experience in the defense and governments services sectors to help the Bank capitalize on this unique
economic driver of the Washington D.C. metropolitan area.”
About MainStreet Bank: MainStreet operates seven branches in Herndon, Fairfax, McLean, Leesburg,
Clarendon, Middleburg and Washington, D.C. MainStreet Bank has over 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 thousands of businesses in the
metropolitan area.
MainStreet Bank has a robust line of business and professional lending products, including government contracting
lines of credit, commercial lines and term loans, residential and commercial construction, and commercial real
estate. MainStreet also works with the SBA to offer 7A and 504 lending solutions. From sophisticated cash management
to enhanced mobile banking and instant-issue Debit cards, MainStreet Bank is always looking for ways to improve our
customer's experience.
MainStreet Bank was the first community bank in the Washington, D.C., metropolitan area to offer a full online
business banking solution. MainStreet Bank was also the first bank headquartered in the Commonwealth of Virginia to
offer CDARS – a solution that provides multi-million-dollar FDIC insurance. Further information on the Bank can be
obtained by visiting its website at mstreetbank.com.
This release contains forward-looking statements, including our expectations with respect to future events that
are subject to various risks and uncertainties. The statements contained in this release that are not historical
facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words
such as “may,” “will,” “could,” “should,” “expect,”
“plan,” “project,” “intend,” “anticipate,” “believe,”
“estimate,” “predict,” “potential,” “pursuant,” “target,”
“continue,” and similar expressions are intended to identify such forward-looking statements. Factors
that could cause actual results to differ materially from management's projections, forecasts, estimates and
expectations include: fluctuation in market rates of interest and loan and deposit pricing, adverse changes in
the overall national economy as well as adverse economic conditions in our specific market areas, future impacts
of pandemic outbreaks, maintenance and development of well-established and valued client relationships and
referral source relationships, and acquisition or loss of key production personnel. We caution readers that the
list of factors above is not exclusive. The forward-looking statements are made as of the date of this release,
and we may not undertake steps to update the forward-looking statements to reflect the impact of any
circumstances or events that arise after the date the forward-looking statements are made. In addition, our past
results of operations are not necessarily indicative of future performance.
View original content at https://www.globenewswire.com/news-release/2026/03/25/3262128/0/en/MainStreet-Bank-Appoints-Morgan-Higgins-to-Board-of-Directors.html
Contact: Billy Freesmeier
Chief of Staff
(703) 481-4579
Source: MainStreet Bank