Centric Bank, which has both a financial center and loan production office in Devon, has been named to Central Pennsylvania’s 25th Annual Fastest Growing Companies, a program that identifies the region’s most dynamic companies that have made significant contributions to the strength of the local economy.
“We are honored to be named once again as one of the Fastest Growing Companies in Central PA,” said Patricia (Patti) A. Husic, President and CEO of Centric Bank. “As partners in growth for businesses across Pennsylvania, it is our extraordinary team that makes it possible to sustain our momentum. Their dedication to our customers’ success and their commitment to our ‘We Revolve Around You’ philosophy are priceless contributions.”
Nominees were ranked according to revenue growth over a three-year period, with both dollar and percentage increases taken into consideration. This ranking formula led to the recognition of both large and small companies. The final list of companies, with information on their financial growth, will be published in a special Fastest Growing Companies supplement to the Central Penn Business Journal on Sept. 17.
To be eligible for consideration, companies were required to:
- show revenue of at least $500,000 in each of the fiscal years ending 2018, 2019, and 2020
- show revenue growth in 2020, as compared to 2017 (a three-year period)
- be headquartered in Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Perry, or York county
“This year’s Fastest Growing Companies are to be commended for their revenue growth over the past three years,” said Suzanne Fischer-Huettner, senior group publisher of the Central Penn Business Journal. “Our ranking formula takes into consideration dollar and percentage increases, allowing us to recognize both large companies and small companies that have shown sustained growth in Central Pennsylvania.”
The Top 50 Fastest Growing Companies is a Central Penn Business Journal program presented by Baker Tilly. The winners will be honored on Sept. 9 in an online celebration with each winner being celebrated for their achievements through video storytelling.