MainStreet Bancshares, Inc. Announces CFO Planned Retirement

Written by Emily J. Thompson, Senior Investment Analyst

MNSB+1.98%

Source: PRnewswire

Updated: Nov 26 2025

0mins

Source: PRnewswire

CFO Transition: Thomas J. Chmelik will retire as Chief Financial Officer of MainStreet Bancshares, Inc. on December 31, 2025, but will remain as Senior Executive Vice President and Secretary until December 31, 2027.
New Leadership: Alex Vari, currently the CFO of MainStreet Bank, is set to assume the role of Company CFO following Chmelik's retirement, having been prepared for this transition over the past several years.
Company Background: MainStreet Bancshares, Inc. is a small-cap financial holding company that owns MainStreet Bank, a community bank based in Fairfax, Virginia, known for its innovative banking solutions and extensive lending products.
Forward-Looking Statements: The announcement includes forward-looking statements regarding the company's expectations and potential risks, emphasizing the uncertainty of future events and market conditions.

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About MNSB

MainStreet Bancshares, Inc. is a financial holding company that owns 100% of MainStreet Bank (the Bank) and MainStreet Community Capital, LLC. The Bank is a community bank focused on serving the borrowing, cash management and depository needs of retail customers, small to medium-sized businesses, and professionals. Its products and services include business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as a broad array of commercial, real estate and consumer loans. The Bank offers a range of deposit products that include demand, negotiable order of withdrawal (NOW), money market and savings accounts as well as certificates of deposit. It provides a full range of consumer and commercial deposit products, including online banking with bill pay, cash management, sweep accounts, wire transfer, check imaging, remote deposit capture and courier services.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.