MainStreet Bancshares (MNSB)

Overall impact
B (73)

Commentary

MainStreet Bancshares is a strong overall performer. With a 'B' rating of 73.0 for overall impact (86th percentile compared to all companies), MainStreet Bancshares ranks 15th out of 81 industry peers, behind First United, First US Bancshares, Glen Burnie Bancorp and 11 others, and ahead of American National Bankshares, Atlantic Capital Bancshares, Ameris Bancorp and 63 others. On top material causes for MainStreet Bancshares's industry (Banking), MainStreet Bancshares performs well in Reduced Inequality (84.9 score), Reduced Availability of Weapons (81.3), Terrestrial Biodiversity (87.3) and 2 other causes where it received an 'A' score. MainStreet Bancshares did not receive a 'D' or 'F' rating on any cause.
Impact
Cause MNSB
Peer rank
Overall impact

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Impact trend

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Company
Founded
2003
Employees
166
Sector
Financials
Industry
Banks
Sub-industry
Regional Banks
SASB industry
Commercial Banks
Headquarters
Va, United States
Share classes
MNSB
Description
MainStreet Bancshares, Inc. operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services. It also provides commercial loans, include government contract receivables, plant and equipment, general working capital, contract administration, and acquisition loans; commercial real estate, real estate construction, and residential real estate loans; and consumer loans comprising term loans and overdraft protection, as well as debit and credit cards. In addition, the company offers deposit insurance solutions; remote deposit of checks; and internet bill payment, online cash management, and online and mobile banking services. It operates in Herndon, Fairfax, McLean, Leesburg, Clarendon, and Washington D.C., as well as automated teller machines. MainStreet Bancshares, Inc. was formerly known as MainStreet Bank (Fairfax, VA) and changed its name to MainStreet Bancshares, Inc. in July 2016. The company was incorporated in 2003 and is headquartered in Fairfax, Virginia.
Material causes
Ethos considers the following causes material for MainStreet Bancshares, based on its industry sub-industry Regional Banks. Learn more about material causes in our methodology overview.

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