Prince George’s County Credit Unions Earn Top Rankings for Fastest-Growing Deposits in the Washington Business Journal

Prince George’s County Credit Unions Earn Top Rankings for Fastest-Growing Deposits in the Washington Business Journal

Largo, MD —Prince George’s County Economic Development Corporation (PGCEDC) is proud to announce that four credit unions headquartered in Prince George’s County have been named to the Washington Business Journal’s 2025 “The List” of Credit Unions with the Fastest-Growing Deposits, published April 11–17, 2025.

The list, which ranks institutions based on year-over-year change in total deposits as of December 31, 2024, showcases Prince George’s County as a standout hub of financial growth and resilience. Notably, two of the top five credit unions are based right here in the County:

• #2: NASA Federal Credit Union, Upper Marlboro – $239.54 million increase, 7.5% growth

• #5: Tower Federal Credit Union, Upper Marlboro – $110.00 million increase, 3.7% growth

• #10: Prince George’s Community Federal Credit Union, Largo – $26.00 million increase, 18.76% growth

• #22: SkyPoint Federal Credit Union, Germantown/Prince George’s County – $17.82 million increase, 4.32% growth

These institutions have not only shown exceptional performance but are also key contributors to the County's economic vitality, offering crucial financial services and community reinvestment initiatives.

"Having four of our local credit unions recognized among the top 25 in the region for deposit growth is a strong reflection of the trust our residents place in these institutions," said David Iannucci, President and CEO of PGCEDC. "These organizations are driving economic empowerment in our communities and contributing significantly to the County's continued growth and prosperity."

Prince George’s County remains a leader in financial innovation and community-driven banking. With institutions like NASA Federal, Tower Federal, PG Community FCU, and SkyPoint showing strong momentum, the County’s financial sector is positioned for continued expansion and impact.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information on business development, and investment opportunities in Prince George’s County, please visit www.pgcedc.com.

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

Keller Williams Preferred Properties Shines as Prince George’s County’s Only Firm Named in Washington Business Journal’s Top 25 Residential Real Estate Companies

Keller Williams Preferred Properties Shines as Prince George’s County’s Only Firm Named in Washington Business Journal’s Top 25 Residential Real Estate Companies

Largo, MD — Prince George’s County Economic Development Corporation (PGCEDC) proudly congratulates Keller Williams Preferred Properties for earning a spot on the Washington Business Journal’s prestigious 2025 “The List” of top Residential Real Estate Companies, published April 11–17. The company ranks #25 by metro-area sales volume in 2024, and is the only Prince George’s County-based real estate firm to make the list.

With a 2024 metro-area sales volume of $331.5 million and 612 homes sold, Keller Williams Preferred Properties continues to demonstrate leadership, resilience, and exceptional service in a competitive real estate market.

“This recognition of Keller Williams Preferred Properties is a proud moment for Prince George’s County,” said Ebony Stocks, President and CEO of PGCEDC. “It reflects the strength of our housing market, the talent of our real estate professionals, and the County’s rising appeal as one of the most desirable places to live in the region.”

Located in Upper Marlboro, Keller Williams Preferred Properties has long been a cornerstone of Prince George’s County’s real estate ecosystem, offering first-class services and housing expertise to thousands of families throughout the DMV.

Their inclusion on The List is a testament to their ongoing commitment to excellence and community impact, and reinforces Prince George’s County’s role as a powerhouse in the region’s residential real estate landscape.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information on business development, and investment opportunities in Prince George’s County, please visit www.pgcedc.com.

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

Prince George’s County Dominates Washington Business Journal’s Apartment Communities “The List”

Prince George’s County Dominates Washington Business Journal’s Apartment Communities “The List”

Largo, MD — Prince George’s County Economic Development Corporation (PGCEDC) is proud to celebrate the outstanding performance of eight apartment communities located in Prince George’s County that have been recognized in the Washington Business Journal’s Apartment Communities: The List, published April 11–17, 2025. The list, compiled by CoStar Group Inc. and Apartments.com, ranks the top 25 apartment communities in the Greater Washington region by number of units.

Prince George’s County is home to eight of the region’s largest apartment communities, more than any other jurisdiction featured on the list. Impressively, three of the top six ranked properties are located in the County:

• #1: Franklin Park at Greenbelt Station, Greenbelt – 2,887 units

• #5: Oakcrest Towers, Forestville – 1,544 units

• #6: Southview, Oxon Hill – 1,504 units

These communities reflect the County’s commitment to quality, affordability, and scale in residential development. They also highlight the ongoing efforts to provide accessible housing options to support the County’s growing population and dynamic workforce.

"We are thrilled to see Prince George’s County leading the region in housing development with not only the highest-ranking apartment community, but a strong showing throughout the entire list," said David Iannucci, President and CEO of the PGCEDC. "This recognition is a testament to our thriving real estate market and our commitment to making Prince George’s County a premier place to live, work, and invest."

Additional Prince George’s County apartment communities recognized in the top 25 include:

• #10: The Villages at Morgan Metro, Landover – 1,242 units

• #12: Liberty Park at Andrews, Camp Springs – 1,158 units

• #22: Seven Springs Apartments, College Park – 966 units

• #23: Arden Pointe Apartments, Suitland – 962 units

• #24: Carriage Hill, Suitland – 960 units

This distinction further reinforces Prince George’s County as a leader in sustainable and inclusive growth. With significant investments in housing, transportation, and amenities, the County continues to draw new residents and businesses seeking opportunity, community, and connectivity.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information on real estate development, living, and investment opportunities in Prince George’s County, please visit www.pgcedc.com.

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

EmpowerHER Global Business Summit 2025 Ignites “Momentum in Motion” for Women Entrepreneurs

FOR IMMEDIATE RELEASE: 2/10/25

EmpowerHER Global Business Summit 2025 Ignites “Momentum in Motion” for Women Entrepreneurs

Global Business Summit Returns March 14, 2025, at MGM National Harbor

LARGO, MD – Prince George’s County Economic Development Corporation (PGCEDC) proudly announces the 2025 EmpowerHER Global Business Summit, taking place on Friday, March 14, 2025, at the MGM National Harbor. Themed “Momentum in Motion,” this premier gathering will bring together women entrepreneurs, business leaders, and industry pioneers to inspire growth, foster connections, and provide actionable insights to accelerate success.

Timed with International Women’s Day, the summit aligns with the global call to action to invest in women and advance economic progress.

Tickets are available at: www.pgcedc.com/empowerher2025

A Transformative Experience for Women in Business

EmpowerHER Global Business Summit is more than a conference—it’s an interactive experience where women from diverse industries, backgrounds, and cultures gather to exchange knowledge, gain strategic insights, and unlock new business opportunities. Attendees will engage with high-impact speakers, expert-led panels, hands-on workshops, and networking opportunities designed to accelerate business growth and leadership.

“EmpowerHER Global Business Summit provides the resources, education, and network women need to scale their businesses, build wealth, and take charge of their futures,” said PGCEDC Interim President & CEO Ebony Stocks, CEcD. “Our goal is to not only celebrate women’s achievements but to create tangible opportunities for their success—whether through funding access, procurement connections, or global expansion strategies.”

The event features influential women entrepreneurs, industry experts, and global thought leaders, including keynote speaker Dr. Charlene Dukes, a trailblazer in education and leadership.

2025 Summit Highlights:

• Keynote Address: Dr. Charlene Dukes, esteemed educator and business leader

• Exclusive VIP Networking Lunch with top executives, investors, and government officials

• Women in Business Panel: Featuring dynamic entrepreneurs who have scaled their businesses

• Interactive Breakout Sessions tailored for startups, seasoned business owners, and industry experts

• Procurement & Exporting Opportunities: Workshops on government contracting and international trade expansion

• Access to Capital & Funding Strategies: Expert-led discussions on securing investment and financial growth

• Wellness & Mindfulness for Entrepreneurs: Balancing success with well-being

Expanded Programming & Networking

New this year, the summit will feature:

• VIP Experiences: Exclusive networking, premium seating, and executive resources

• Women-Owned Business Spotlights: Showcasing successful entrepreneurs and their journeys

• Live Business Coaching: Practical, hands-on advice from industry veterans

• Real-time engagement, networking, and post-event follow-ups

Join the Movement

The EmpowerHER Global Business Summit 2025 is set to be the must-attend event for women looking to accelerate their businesses, expand their networks, and gain valuable insights from industry leaders.

To register, apply for sponsorships, or request media credentials, visit www.pgcedc.com/empowerher2025.

About Prince George’s County Economic Development Corporation (PGCEDC)

PGCEDC’s mission is to cultivate and promote a strong local economy, supporting entrepreneurs, small businesses, and corporate growth. Through strategic business development, investment programs, and global initiatives, PGCEDC is committed to driving economic prosperity in Prince George’s County and beyond.

For more details, visit www.pgcedc.com.

Media Contact

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

PGCEDC Celebrates the Opening of Patient First – Capitol Heights, Expanding Healthcare Access In The County

PGCEDC Celebrates the Opening of Patient First – Capitol Heights, Expanding Healthcare Access In The County

Largo, MD – Prince George’s County Economic Development Corporation (PGCEDC) proudly celebrates the grand opening of Patient First – Capitol Heights, a new urgent and primary care facility dedicated to enhancing healthcare accessibility for residents of Capitol Heights and surrounding communities. Located at 1670 Ritchie Station Court, the center officially opened its doors on January 30, 2025, marking the 22nd Patient First location in the Washington, D.C., region and the 79th center nationwide.

With walk-in, non-appointment services available 365 days a year, including holidays, Patient First – Capitol Heights offers a comprehensive range of healthcare services, including urgent care, primary care, telehealth, digital X-rays, lab testing, prescription medications, and occupational health services.

PGCEDC, committed to fostering business growth and improving community well-being, recognizes the significant impact this facility will have in addressing local healthcare needs. Alexia Allen-Shorter, PGCEDC Director of Business Development – Health & Life Sciences, emphasized the importance of this expansion:

“The opening of Patient First – Capitol Heights is a major win for our community. This state-of-the-art facility brings high-quality, accessible healthcare closer to home, ensuring our residents receive the medical attention they need when they need it. At PGCEDC, we remain dedicated to supporting businesses and institutions that enhance the quality of life for our residents and contribute to the county’s economic vitality.”

Patient First – Capitol Heights operates daily from 8 AM to 8 PM, offering patients convenient, cost-effective, and high-quality care. For more information on Patient First services, visit www.patientfirst.com.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information about Prince George's County Economic Development Corporation's services to local companies, visit www.pgcedc.com.

Media Contact

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

Prince George's County Economic Development Corporation Congratulates The Jerk Pit on 20 Years of Service

Prince George's County Economic Development Corporation Congratulates The Jerk Pit on 20 Years of Service

LARGO, MD - Prince George's County Economic Development Corporation (PGCEDC) is thrilled to celebrate the 20th anniversary of The Jerk Pit, a beloved Caribbean restaurant serving the DMV community with authentic flavors and vibrant island vibes. As a cornerstone of College Park's culinary scene, The Jerk Pit has become a local favorite, recently expanding its reach with a second location in Adams Morgan, Washington, DC, in August 2024.

Ebony Stocks, CEcD, Interim President & CEO of PGCEDC, congratulated The Jerk Pit on this incredible achievement.

"The Jerk Pit is a shining example of the vibrant small business community here in Prince George's County. For 20 years, they have delighted customers with authentic cuisine and created a unique space where culture and community thrive. We are proud to celebrate their success and applaud their commitment to serving our region. Here's to many more years of continued growth and excellence!"

To mark this milestone, The Jerk Pit is hosting a Customer Appreciation Day on January 11th at the College Park location with 20% off all menu items all day, followed by a special evening celebration featuring DJ Gnice in the exclusive Oasis Lounge at 9 PM.

Known for its cozy, laid-back atmosphere, The Jerk Pit offers an authentic Caribbean dining experience with reggae music, flavorful dishes, and exceptional service. Whether you're enjoying lunch specials, catering services, or their popular Bottomless Caribbean Sunday Brunch, The Jerk Pit continues to deliver a slice of the islands right here in the DMV.

Over the years, The Jerk Pit has gained widespread recognition, earning accolades as one of the best jerk spots in the U.S., England, and Canada by Jamaicans.com. It has also been featured in The Washington Post, The Gazette, WTTG Fox 5 Morning News, WUSA, WBFF FOX5 Baltimore, City Paper, College Park Patch, Chowhound.com, WPGC, WHUR, WKYS, and WMMJ.

Join us in congratulating The Jerk Pit on two decades of excellence, and enjoy the festivities this weekend. For more information about The Jerk Pit's menu, services, and locations, visit http://www.myjerkpit.com.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information about Prince George's County Economic Development Corporation's services to local companies, visit www.pgcedc.com.

Media Contact:

Lisa Waddell Nash

The Jerk Pit

9078 Baltimore Avenue

College Park, MD 20740

Phone: (301) 982-5375

Fax: (301) 441-4786

http://www.myjerkpit.com

myjerkpit@gmail.com

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

FOR IMMEDIATE RELEASE **Ebony Stocks Named Interim President & CEO of Prince George's County Economic Development Corporation**

FOR IMMEDIATE RELEASE

**Ebony Stocks Named Interim President & CEO of Prince George's County Economic Development Corporation**

LARGO, MD - Prince George's County Economic Development Corporation (PGCEDC) is pleased to announce the appointment of Ebony Stocks, CEcD, Interim President and CEO, effective January 1, 2025. With over 11 years of dedicated service to PGCEDC, Ebony brings a wealth of experience, strategic vision, and a deep commitment to advancing economic growth and prosperity in Prince George's County.

As Executive Vice President for the past six years, Ebony has been instrumental in driving PGCEDC's mission and initiatives. Her leadership has shaped programs like Grow Prince George's, Step Forward Initiative, and the Pathways Series, empowering local businesses and fostering inclusive economic development. She also played a pivotal role in the distribution of ARPA funds to strengthen the local business community during challenging times.

Ebony's expertise extends beyond local initiatives. She has spearheaded international efforts, including a successful trade mission to Nairobi, Kenya, and hosting the EmpowerHer Global Business Summit, which celebrated and supported women entrepreneurs. Her experience managing the County's $50 million Economic Development Incentive Fund and various tax credit programs further underscores her ability to deliver impactful results.

A Certified Economic Developer (CEcD), Ebony holds a Master of Real Estate Development from the University of Maryland and a Bachelor of Science in Economics from Strayer University. She is also an Economic Development Finance Professional and an active Maryland Economic Development Association (MEDA) member.

"Ebony Stocks' proven leadership and extensive expertise position her perfectly to guide PGCEDC during this pivotal time," said Orlan Johnson, Chairman of the PGCEDC Board of Directors. "Her ability to build strong stakeholder relationships and her commitment to inclusive growth will ensure the continued success of our mission."

In response to her appointment, Ebony Stocks shared, "I am deeply honored to step into this role and continue the vital work of promoting economic growth and opportunity in Prince George's County. My vision is to build on our accomplishments, strengthen partnerships, and foster an inclusive business environment where all can thrive. Together, we will ensure that Prince George's County remains a model for sustainable and equitable economic development."

As Interim President & CEO, Ebony is committed to maintaining the momentum of PGCEDC's initiatives while bringing fresh perspectives to future opportunities.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information about Prince George's County Economic Development Corporation's services to local companies, visit www.pgcedc.com.

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

Prince George's County Economic Development Corporation Releases Analysis of County's Economic Recovery from COVID-19 Pandemic

Prince George's County Economic Development Corporation Releases Analysis of County's Economic Recovery from COVID-19 Pandemic

Largo, MD – The Prince George's County Economic Development Corporation (PGCEDC) has released a comprehensive analysis detailing the county's exceptional economic recovery following the COVID-19 pandemic. Conducted by Policy Navigators, LLC, the report highlights Prince George's County as one of Maryland's top-performing jurisdictions for job growth, demonstrating resilience and leadership during a challenging economic period.

The analysis compared job creation numbers in Prince George's County to eight other jurisdictions in Maryland and the state as a whole. It examined data spanning the pre-pandemic years, the initial economic impacts of COVID-19, and the subsequent recovery period.

Pre-Pandemic Leadership in Job Growth

From 2011 to 2021, Prince George's County led Maryland counties in job creation, adding 55,182 jobs during the decade. This remarkable growth placed the county ahead of Anne Arundel County by nearly 2,000 jobs, with much of the expansion driven by the Fort Meade area and related developments. The report underscores Prince George's County's strong pre-pandemic economic trajectory as a foundation for its post-pandemic recovery.

Disproportionate Impact of COVID-19

The pandemic's onset in March 2020 brought widespread economic disruptions. Businesses, schools, and essential services faced closures, and minority- and women-owned businesses experienced disproportionate challenges. As a jurisdiction with a high concentration of minority- and women-owned enterprises, Prince George's County felt these impacts acutely, recording significant job losses during the pandemic's peak.

Recovery and Reopening

Despite the challenges, Prince George's County demonstrated remarkable resilience. While the broader economy took until 2022 to return to pre-pandemic levels, the county outpaced its Maryland counterparts in job growth during the recovery phase. By May 2022, as restrictions eased and economic conditions normalized, Prince George's County had created more jobs over two years than any other jurisdiction in the state.

A Stronger Future for Prince George's County

The report concludes that Prince George's County not only weathered the economic storm of COVID-19 but also emerged as a model of recovery and growth. Despite trailing only Montgomery County in total job losses during the pandemic, Prince George's County rebounded with sustained job creation, setting the pace for economic recovery across Maryland.

The findings reinforce Prince George's County's status as a leader in job growth and economic resilience, demonstrating the community's ability to overcome adversity and adapt to new economic realities.

About PGCEDC

Prince George's County Economic Development Corporation works to attract, retain, and grow businesses in Prince George's County, Maryland. Through innovative programs and partnerships, PGCEDC supports economic expansion and strengthens the community's business ecosystem.

For more information about this report or PGCEDC’s initiatives, please contact:

Rhett Butler

Marketing & Communications Manager

Prince George's County Economic Development Corporation

rbutler@co.pg.md.us

Prince George's County Economic Development Corporation Congratulates Power Train, Inc. on Top Ten Ranking Among Women-Owned Companies

Prince George's County Economic Development Corporation Congratulates Power Train, Inc. on Top Ten Ranking Among Women-Owned Companies

Largo, MD — Prince George's County Economic Development Corporation (PGCEDC) proudly congratulates Power Train, Inc., a Hyattsville-based company, for being ranked among the top ten women-owned businesses by total revenue in 2023. Generating an impressive $92 million in revenue, Power Train, Inc. stands as a beacon of innovation and leadership in the business community.

Founded in 1994, Power Train, Inc. specializes in cloud-based IT solutions, human capital management, learning management system hosting, learning and development, career mapping, and web training. With a workforce of 135 employees and a remarkable 67% women ownership, the company reflects the strength of diversity and inclusion in Prince George's County's thriving economy.

Under the leadership of CEO Lisa Cox, Power Train, Inc. has consistently demonstrated excellence, setting benchmarks in the fields of technology, education, and workforce development. Their dedication to empowering individuals and businesses aligns perfectly with PGCEDC's vision for economic growth and opportunity.

"Power Train, Inc.'s success exemplifies the innovative spirit and entrepreneurial drive that define Prince George's County," said David Iannucci, President & CEO of PGCEDC. "We are proud to celebrate their incredible achievements and their commitment to excellence in business and community impact."

Power Train, Inc.'s recognition underscores Prince George's County's growing reputation as a premier destination for business expansion and innovation. Their success story is a testament to the county's robust support system for entrepreneurs and businesses alike.

Expansion Starts Here in Prince George's County, where companies like Power Train, Inc. continue to lead the way, inspiring the next generation of leaders and innovators.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information about Prince George's County Economic Development Corporation's services to local companies, visit www.pgcedc.com.

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com