FVCbank Announces Executive Promotions of Jim Elliott and Steffany Watson

FVCbank (NASDAQ:FVCB) has announced key executive promotions, elevating two long-standing leaders to enhanced roles.

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06/25/2025 - 10:09 AM

FAIRFAX, Va.--(BUSINESS WIRE)-- FVCbank is pleased to announce the promotions of two long-tenured and highly respected leaders: Jim Elliott has been promoted to Executive Vice President, Commercial Lending, and Steffany Watson has been promoted to Executive Vice President, Chief Services Officer. Jim will continue his service on the Bank’s Executive Committee, where he has played a key role in strategic initiatives. Steffany, with her promotion, has now been appointed to the Executive Committee for the first time. Both executives will contribute significantly to FVCbank’s continued growth and its commitment to exceptional customer service and operational excellence.

Jim Elliott joined FVCbank in 2009 as Senior Vice President, Commercial Lender for the Prince William Region. Throughout his tenure, he has built one of the Bank’s largest and most loyal commercial loan portfolios. In 2019, Jim was promoted to Market President–Virginia, significantly expanding his reach and reinforcing the Bank’s presence across the region. In 2024, he assumed the role of Executive Director of Commercial Lending and was appointed to the Executive Committee. Under Jim’s leadership, the Manassas lending team expanded, and new industry verticals—including cannabis banking—were successfully added to the Bank’s portfolio.

“Jim’s depth of knowledge, strong client relationships, and leadership have been instrumental to our commercial lending success,” said Patricia A. Ferrick, President of FVCbank. “His promotion to EVP is a reflection of the significant impact he continues to have on our organization.”

Steffany Watson began her career with FVCbank in 2007, joining during the Bank’s formation as Vice President, Cash Management & Treasury Services. She was instrumental in developing the Bank’s online banking platform and positioning its treasury services as a core differentiator from day one. In subsequent years, Steffany held progressive leadership roles, including Senior Vice President and Director of Cash Management. In 2024, she was promoted to Senior Vice President, Chief Services Officer, assuming leadership of loan operations, servicing, and deposit operations. She has also led multiple system conversions and works closely with key technology partners such as FIS and Q2.

“Steffany has demonstrated deep operational expertise, and a passion for customer service since the very beginning,” said Ferrick. “Her elevation to EVP and new role on our Executive Committee reflect her strategic contributions and unwavering commitment to our customers and team.”

FVCbank extends its congratulations and gratitude to both Jim and Steffany for their continued leadership and dedication. Their promotions mark a significant step forward as the Bank continues to expand its services and deepen its impact across the region.

About FVCbank

FVCbank is a dynamic and growing commercial bank serving businesses, professionals, and nonprofits throughout the Washington, D.C. and Baltimore, MD metropolitan areas. Headquartered in Fairfax, Virginia, FVCbank offers a full suite of financial solutions with a commitment to personalized service, modern banking technology, and community engagement. For more information, visit www.fvcbank.com.