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VCC’s CFO Named Among Top Professionals by Virginia Business


Clyde Cornett PhotoClyde Cornett, CPA, was honored at the 2014 Virginia Business CFO  awards banquet on Thursday, June 19. Cornett, who has been with VCC since 2008 as its CFO, is this year’s award recipient in the Small Nonprofit Category.

Cornett’s nomination highlighted a $250,000 increase in revenue for 2013 and noted that VCC’s assets have grown 356 percent since 2008.  In addition, VCC has financed over 4,600 units of affordable housing, created or saved over 1,950 Virginia jobs and financed 6 community health care centers. 

“The awards honor chief financial officers whose ingenuity and dedication have contributed to their companies’ growth and profitability,” according to the announcement by Virginia Business.


Awardee(Left to right) Gary Thomson of Dixon Hughes Goodman; Clyde Cornett, VCC's CFO; and  Bernie Niemeier with Virginia Business.

Forty-eight nominations were submitted this year. A panel of judges from the 2013 CFO Award winners chose the winners from among 26 finalists. CFOs from five categories are honored including small nonprofits, large nonprofits, small private companies, large private companies, and publicly traded companies. The full list of winners and their profiles are featured in the August issue of Virginia Business (virginiabusiness.com) in the article Virginia Business Names Five ‘CFO Awards’ Winners.

About Virginia Community Capital:
With offices in Christiansburg, Richmond, and Springfield, Virginia Community Capital (VCC) is dedicated to the prospect of building wealth for all through our lending, deposits, and advisory services. As a community development financial institution (CDFI), our mission is to offer innovative, flexible financial products designed to support housing and community development ventures, increase jobs, and encourage sustainable communities. In partnership with our for-profit bank, Community Capital Bank of Virginia (CCB), the non-profit VCC offers loan capital broader and more flexible than bank lending in low-to-moderate income communities in underserved geographies and markets. Learn more at  vacommunitycapital.org.