John Marshall Bank Expands GovCon Team With the Hiring of Pat Dempsey in Tysons
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govconfinancial
Govcon is shorthand for a company that sells products or services under contracts with government agencies. Investors care because these businesses often have steady, large contracts like a subscription from a big customer, but their sales and profits depend on government budgets, policy changes, and contract renewals—similar to relying on one major client whose terms and continued business can change with politics or procurement rules.
commercial banking and credit analyst (cbca)financial
A commercial banking and credit analyst (CBCA) is a financial professional who evaluates the creditworthiness of companies and the health of loan portfolios held by banks, reviewing financial statements, repayment capacity, collateral, and industry risks. Their work helps investors and lenders judge the likelihood of defaults and the strength of a bank’s lending book — like a mechanic inspecting a car to decide how likely it is to keep running reliably.
RESTON, Va.--(BUSINESS WIRE)--
John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is pleased to welcome Pat Dempsey to the Commercial Lending team in Tysons. Pat is a seasoned banking professional who brings almost a decade of experience with expertise serving the GovCon sector. Mr. Dempsey will focus on supporting, developing and growing commercial loan relationships throughout Tysons and the surrounding areas. Before joining John Marshall Bank, Pat was a Commercial Portfolio Manager at MVB Bank where he managed several material GovCon relationships.
Pat Dempsey - Commercial Lending, Tysons
“Pat brings valuable experience to our Commercial Lending team based in Tysons Corner,” stated Jason McDonough, EVP, Chief Lending Officer. “His background in GovCon and lending aligns with the Bank’s industry specialties. Pat’s addition to JMB underscores the Bank’s focus on adding experienced talent to our GovCon initiatives and our business community.”
Mr. Dempsey graduated from the University of South Carolina Moore School of Business with a Bachelor of Science in Business Administration. He received his Commercial Banking and Credit Analyst (CBCA) certification from the Corporate Finance Institute. Additionally, Pat is currently enrolled in the VBA’s Virginia Bankers School of Bank Management program and will graduate next year. For the past several years he has served on the Leadership Committee of the Gridiron Club, which supports wounded warriors and their families.
About John Marshall Bancorp, Inc.:
John Marshall Bancorp, Inc. is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, D.C. The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington D.C. Metro area. The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals. Dedicated Relationship Managers serve as direct points-of-contact, providing subject matter expertise in a variety of niche industries including Charter and Private Schools, Government Contractors, Health Services, Nonprofits and Associations, Professional Services, Property Management Companies and Title Companies. Learn more at www.johnmarshallbank.com.
