Virginia Commerce Bank is pleased to announce the promotion of Paul Yeloushan to Senior Vice President and head of its Treasury Management and Product Development division. Mr. Yeloushan has been with the Bank for five years as an officer on its Business Development team. Prior to joining VCB, he managed information technology initiatives for an investment banking firm.

Paul Yeloushan, Virginia Commerce Bank (Photo: Virginia Commerce Bancorp, Inc.)

Mr. Yeloushan will oversee all treasury management and electronic banking services, including remote deposit capture, merchant card processing, online banking and other solutions to assist business and consumer clientele. He will also work closely with the Bank’s IT group and other stakeholders to identify and implement new electronic banking products.

"While the Bank has always delivered highly personalized service and will continue to do so, we recognize that electronic banking products are an integral part of the banking experience,” commented Steve Reeder, Chief Deposit Officer. “Paul, with his dedication to sales and service in conjunction with his technology expertise, is ideally suited to head this department with the focus of delivering the right electronic banking solutions to our clients.”

Established in 1988, Virginia Commerce Bank (NASDAQ-VCBI) is a full-service, community bank headquartered in Arlington, Virginia, with over $2.7 billion in assets. The Bank serves the Northern Virginia and Fredericksburg markets with twenty-eight branches, a mortgage lending office and a wealth management services department. For further information about VCB’s many services and a map of convenient locations, please visit our Web site at VCBonline.com.

© 2011 Virginia Commerce Bank, All Rights Reserved. Member FDIC.

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