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Shaza Andersen recently sent out a companywide email stating that employees who don't deposit their paychecks into a WashingtonFirst account will soon be required to pick up paper checks from her office.
November 10 -
WashingtonFirst Bankshares (WFBI) in Reston, Va., is the latest lender to divest securities on concerns about the Volcker Rule's controversial ban on collateralized debt obligations.
December 27 - WIB PH
In the two years since we last featured Shaza Andersen on this list, she raised $28 million in new capital for WashingtonFirst Bank, doubled its assets to $1.1 billion through the acquisition of Alliance Bankshares, and took the combined company public on the Nasdaq exchange.
September 18
WashingtonFirst Bankshares in Reston, Va., has
The $1.3 billion-asset company sold roughly 1.4 million common shares to a group of institutions investors that included Castle Creek Capital Partners, Ithan Creek Investors and Basswood Capital Management. WashingtonFirst may use the additional capital to support growth, or to redeem stock issued to the Treasury Department through the Small Business Lending Fund program, it said in a press release Tuesday.
"We are delighted that a number of our existing institutional shareholders have confidence in the company and were interested in participating in this private placement," said Shaza Andersen, the company's president and chief executive, in the release. "This new capital will help the company continue to grow and realize our goals."
WashingtonFirst has 17 branches in the Washington, D.C. metropolitan area.