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Millennium Bankshares Corp. (MBVA.OB)On Dec 14: 0.30  Down 0.10 (25.00%)  
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Millennium Bankshares Corp.
1601 Washington Plaza
Reston, VA 20190
United States - Map
Phone: 703-464-0100
Fax: 703-464-0064
Web Site: http://www.millenniumbankshares.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:58

BUSINESS SUMMARY 
Millennium Bankshares Corporation operates as the holding company for Millennium Bank National Association that provides commercial and consumer banking services to individuals, small and medium sized businesses, and professional communities. It accepts a range of short-term and long-term deposits, including statement savings accounts, NOW accounts, money market deposit accounts, checking accounts, fixed-rate certificates with varying maturities, and individual retirement accounts. The company provides real estate loans, construction loans, small business lending, and one-to-four-family residential real estate loans, as well as offers various secured and unsecured consumer loans, including unsecured personal loans and lines of credit, automobile loans, deposit account loans, installment and demand loans, letters of credit, and home equity loans. In addition, it provides Internet banking services that enable consumers and businesses to view accounts, make transfers, submit wire transfer requests, pay bills, and place stop payments on checks over the Internet. Further, the company offers securities brokerage and insurance services. As of December 31, 2007, it operated four banking offices in Virginia; and one office each in Reston, Sterling, Herndon, and Warrenton. The company was founded in 1998 and is headquartered in Reston, Virginia.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. John F. Novak , 62
    Chief Exec. Officer, Pres, Chief Operating Officer, Member of Exec. Committee, Chief Operating Officer of Millennium Bank N A, Head of retail banking of Millennium Bank and Exec. VP of Millennium Bank N A
    $ 162.00KN/A
    Mr. Dale Phelps CPA, 53
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Treasurer, Chief Financial Officer of Millennium Bank NA and Exec. VP of Millennium Bank NA
    N/A N/A
    Mr. David B. Morey , 61
    Chief Financial Officer of Millennium Capital Inc and Loan Portfolio Relationship Mang. of Millennium Bank NA
    $ 4.00KN/A
    Mr. Jerry D. Medlock , 53
    Chief Lending Officer of Millennium Bank and Exec. VP of Millennium Bank
    N/A N/A
    Mr. Carl J. Wallace ,
    Chief Credit Officer
    N/A N/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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