John Marshall Bank announced the hiring of Pete Follansbee as Senior Vice President, Commercial Team Lead in Prince William County and surrounding areas. Mr. Follansbee will focus on commercial business, including trade contractors, as part of the bank's regional growth strategy. He brings over 28 years of banking and leadership experience to this role.
This appointment is intended to strengthen the bank's commercial team and expand its presence in core markets and industry specialties. Mr. Follansbee's expertise is expected to foster existing relationships and cultivate new business partnerships in the Prince William County area. His background includes roles as a Commercial Relationship Manager for Sandy Spring Bank and a Commercial Banker for Truist.
The hiring of Mr. Follansbee underscores John Marshall Bank's commitment to attracting experienced banking professionals to drive growth in the DC Metro area. This strategic addition supports the bank's objective of capturing additional market share within its targeted business segments.
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