Centric Bank President and CEO Patricia (Patti) A. Husic has been honored as one of American Banker’s 25 Most Powerful Women in Banking in the U.S. for the sixth consecutive year.

Now in its 18th year, The Most Powerful Women in Banking is focused on identifying a community of influential women in financial services by recognizing their business acumen, professional achievements, and personal tenacity, as well as their commitment to wielding change in outcomes for diversity, equity, and inclusion.

“For 18 years, this list has honored those who have achieved amazing things in the face of countless challenges — individuals who are bravely creating the change we need and driving the industry forward,” said Gemma Postlethwaite, CEO of Arizent, the publisher of American Banker. “This year, our honorees have collectively succeeded in moving us forward despite unprecedented obstacles.”

“There are many women and men across financial services who are doing extraordinary work in a year unlike anything we have ever experienced before,” said Bonnie McGeer, Executive Editor of American Banker and Chair of The Most Powerful Women in Banking and Finance program. “Against this backdrop, where the circumstances have raised the bar for everyone, the women selected for this honor continue to stand out as the best of the best.

“The Most Powerful Women in Banking rise to the occasion — whether pivoting their institution to meet the demands of a pandemic or pursuing initiatives to make way for the next generation to lead — and Patti Husic has done just that. Centric Bank was very active in making loans through the Paycheck Protection Program to support small businesses in its market, including those that had not been customers previously. Patti also has been appointed to the American Bankers Association’s newly organized Diversity, Equity, and Inclusion Advisory Group, which is a recognition of her work on that front going back years”

In addition to leading Centric Bank, which crested $1 billion in assets in May 2020, to Best Banks to Work For wins in 2018 and 2019, and being on the American Bankers Association board, Husic has proven her mettle as a resilient leader in uncertain times.

“It’s an honor to be included in the Most Powerful Women in Banking list recognizing fellow industry leaders who are dynamic, determined, and eternally optimistic about our seat at the table,” said Husic. “At Centric Bank, we are partners in growth. In a year of unbalance and uncertainty, this promise to our customers and communities was a lifeline as we built an IT portal overnight, streamlined our entire workforce, and funded over 1,600 Paycheck Protection Program loans totaling over $215 million. Most rewarding was learning that we saved over 25,000 jobs through our response. You can’t put a price on people’s livelihoods.”

While continuing impressive growth in total loans of $77 million, bringing total loans to $703 million in 2019, Husic and her team led Centric, which opened offices in Devon and Lancaster, to grow deposits by $96 million and revenue growth of $6 million. Husic also led Centric Bank as a Top 10 SBA 7(a) Lender in the Eastern District of Pennsylvania and one of the Top 200 Community Banks in the U.S. for 2019 and 2020.

Click here to learn more about Centric Bank.

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