#United States #Fairfax #Freedom Bank #Pierre A. Abushacra #Kapa Capital

Freedom Bank Welcomes Pierre A. Abushacra to Board of Directors

Freedom Financial Holdings, Inc. (OTCQX: FDVA) has recently appointed Pierre A. Abushacra to its Board of Directors at the Freedom Bank of Virginia. His addition to the board is seen as a strategic move aimed at enhancing the bank's position in community banking and fostering growth in the Northern Virginia area.

A Wealth of Experience

Pierre A. Abushacra is no stranger to the realms of entrepreneurship and investment. As the Founder of Kapa Capital, a private investment firm specializing in commercial real estate, he brings a wealth of experience that is perfectly aligned with the bank's mission to innovate and serve the community effectively. Furthermore, he is known for establishing Firehook Bakery, a popular producer of artisan baked crackers found in natural food stores across the United States. His experience on the board of Bay Bank in Columbia, Maryland, adds valuable insights into community banking and governance.

Jason Gold, Chairman of the Board, expressed confidence in the selection, stating, "Pierre's broad background as an entrepreneur and real estate investor makes him an excellent addition to our Board. He understands the unique challenges and opportunities facing independent banks today and will provide invaluable insight as we continue to expand our platform for both business and personal clients across the Northern Virginia region."

A Commitment to Community

Mr. Abushacra's contributions extend beyond his professional endeavors; he has an extensive history of involvement on numerous nonprofit boards, demonstrating his commitment to community development, education, and technology innovation. His active participation in organizations like YPO and the Specialty Food Association (SFA) further underscores his dedication to enhancing industry standards and sharing knowledge with fellow entrepreneur.

Upon his appointment, Abushacra commented, "I am honored to join Freedom Bank's Board of Directors. I have followed Freedom's growth for several years, admiring its local leadership, strong reputation, and commitment to client relationships. I look forward to collaborating with the Board and management team to build upon its success."

About Freedom Bank of Virginia

The Freedom Bank of Virginia is a next-generation community banking institution that aims to empower its clients by offering innovative solutions across various banking services, including commercial, personal, and mortgage. With a focus on providing exceptional service coupled with easy-to-use technology, the bank prides itself on being the primary banking relationship for its clients.

With locations spanning Chantilly, Fairfax, Manassas, Reston, Tysons, and Vienna, Freedom Bank aims to create an impact by making banking accessible and effective for everyone in the community.

For more information about Freedom Bank and its services, please visit www.freedom.bank.

In conclusion, the appointment of Pierre A. Abushacra adds significant value to the Freedom Bank of Virginia, aligning perfectly with its long-term growth strategy while committing to local community enhancement through development and innovation.

For inquiries about this announcement, reach out to:
Joseph J. Thomas
President & CEO
Phone: 703-667-4161
Email: [email protected]