FSC First Announces 2016 Award Honorees & Newly Elected Board Members

FSC First hosted its 2016 Year-End Review & Networking Reception at the Courtyard by Marriott Hotel located on Caraway Court in Largo, MD, on December 12, 2016. Shelly M. Gross-Wade, President & CEO, announced that more than $638 million in new economic development projects were supported with direct loans from FSC First, and when fully developed, these projects and businesses will support more than 6,000 local jobs for the residents of Prince George’s County. Also, 12 business and financial services leaders were presented awards for their distinguished service and outstanding support of the non-profit organization.

John L. Huggins, Jr. of Broadband Connect, LLC was presented the Chairman’s Award in recognition of his 4 years as Chairman of the Board and six years of service on the Board of Directors; Rosalind W. Styles of National Minority Contractors Association received an Appreciation Award for serving on the Board of Directors; John Henry King, City of Bowie Office of Planning, Zoning and Economic Development and Howard W. Stone, Jr., Prince George’s County Office of Audits & Investigation were both presented with the Legacy Award for multiple years of service in various leadership roles on the Board of Directors. Nancy Stark, of Capital One Bank received the Visionary Award for supporting the organization over multiple years with annual grants to build internal capacity. There were three recipients of the prestigious Financial Pillar Awards – Hal C. Rich of Sona Bank, Kathryn Clay of PNC Bank, and R. Michael Gill, Maryland Secretary of Commerce. The Lender of the Year Award was presented to both Maria Randall of Industrial Bank and Kenneth L. White of Revere Bank. Ebony P. Stocks of the Prince George’s County Economic Development Corporation was presented with the Resource Partner of the Year Award. The Employee of the Year Award was presented to Sue Ann Scafone, Commercial Loan Assistant at FSC First — who consistently goes above and beyond the minimum expectations of her role and responsibilities to deliver exceptional service to their colleagues as well as the FSC First loan applicants, borrowers, and various stakeholders.

In addition, the following individuals were announced as new officers of the Board of Directors: Kathryn Clay, Chair of the Board, Kenneth L. White, Vice Chair; Maurice D. Walker of Birch Advisors, LLC incoming Treasurer; Tami Watkins of Pepco/Exelon – Public Affairs was re-elected as Corporate Secretary and Peter Sorge (Retired) will serve as Chairman Emeritus.

Newly elected members of the Board of Directors are: Doris J. Cammack-Spencer of the Southern Maryland Minority Chamber of Commerce, Leonard G. Goff, Ph.D. of Acaryis Executive Solutions, LLC, Kiesha Haughton of the Maryland Women’s Business Center; Christopher A. Mills, The Columbia Bank, Eben R. Smith of Three E Consulting Group; Ruby R. Stemmle of EcoLatinos, LLC, David Washington of Corvias Solutions, Inc.; Lorenzo M. Wooten of Keller Williams Preferred Properties. In addition to the officers, they will join other re-elected members of the Board – Courtney M. Billups, Esquire, Lisa S. Smith of the Bowie Business Innovation Center, and Lisa Thompson-Taylor of Taylor Strategic Partnerships.

FSC First is designated a Community Development Financial Institution (CDFI) by the
U. S. Department of Treasury, a SBA 504 Certified Development Company (CDC), and SBA 7(a) Community Advantage Lender as designated by the U. S. Small Business Administration. In 2016, the organization was designated a State of Maryland Video Lottery Terminal Fund Manager and currently has $30 Million in outstanding assets.
For additional information, please see www.fscfirst.com