This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Monarch Bank Announces Small Business Contest "Top Flight" Award Semifinalists

Stocks in this article: MNRK

CHESAPEAKE, Va., March 31, 2011 /PRNewswire/ -- Monarch knows that small businesses are the backbone of America, and that's no different here in Hampton Road. Monarch Bank, a subsidiary of Monarch Financial Holdings, Inc. (NASDAQ: MNRK), today announces the three semifinalists of its "Top Flight" Award, a contest that will reward one growing business in Southside Hampton Roads with a prize package valued at $40,000.

"Monarch Bank would like to thank all the entrants for participating in and supporting our inaugural "Top Flight" Award.  We have had an unbelievable response receiving 95 high quality entries," said Brad E. Schwartz, CEO of Monarch Bank. "Since 2007, these local companies have collectively redefined a down economy, growing operating revenue $100 million and adding 467 new jobs to our economy. Hampton Roads is in good hands!"

Now it's up to the community to vote for their favorite semifinalist: MYMIC LLC, Osage of Virginia, and Valkyrie Enterprises, LLC; and help determine the winning "Top Flight" business. The community (colleagues, friends and family) will vote for their favorite semifinalist between April 1-30 through a text-to-vote and online poll survey on to cast a ballot for their favorite "Top Flight" semifinalist.

"Monarch Bank started the award to help area businesses attain their goals," said Neal Crawford, president of Monarch Bank. "The "Top Flight" Award gives us the opportunity to recognize businesses that are making impressive strides and reward one business with a prize package we think will further stimulate growth and job creation for our community."

The one winner will be selected to receive: $10,000 cash from Monarch Bank; a professional business service package valued at $10,000 from accounting, tax and advisory firm Cherry, Bekaert & Holland, L.L.P.; a professional business package valued at $10,000 from Cox Business Communications; and an advertising package, including the creation of a 30-second commercial and cable airtime, valued at $10,000 from Cox Cable Media. Norfolk-based law firm Vandeventer Black is also sponsoring the award.

An independent panel of judges reviewed all entries and selected the three "Top Flight" semifinalists. All financial information was kept strictly confidential and viewed only by the two analysts assigned to verify and document the entries. The "Top Flight" Award winner will be announced on May 17 at the annual Monarch Financial Holdings, Inc. shareholders' meeting. Official rules can be found at

Text "Top1" to 269411 (cox411)

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs