Potomac Bancshares, Inc. (PTBS)

Overview

Potomac Bancshares, Inc. operates as the holding company for Bank of Charles Town, a financial institution that caters to the needs of both individuals and businesses. Founded in 1871, its headquarters are located in Charles Town, West Virginia. This bank has expanded its reach across the Eastern Panhandle of West Virginia, Washington County, Maryland, and Loudoun County, Virginia, through nine full-service offices and one loan production office. They are committed to serving their community with a wide array of banking products and services.

Products and Services

• Checking, Savings, and Individual Retirement Accounts; Certificates of Deposit (CD) - Potomac Bancshares, Inc. offers a variety of account options to meet the savings and checking needs of its customers, including options for secure, long-term investments such as CDs and IRAs for retirement savings.
• Personal Loans - The company provides a range of personal loan options, including loans for new and used vehicles, home equity loans, unsecured home improvement and personal loans, retail equipment loans, lot loans, loans secured by CDs, and home equity lines of credit to help individuals finance their personal needs.
• Commercial Loans - Tailored for businesses, these loans support building or office purchases, commercial real estate and construction projects, and the acquisition of production and administrative equipment. Lines of credit are also available for businesses seeking flexible borrowing options.
• Mortgage and Agricultural Loans - Offering mortgage, term loans, residential and commercial construction loans, commercial real estate loans, and agricultural loans, the bank caters to the varied loan requirements of its customer base, including specialized sectors like agriculture.
• Credit and Debit Cards - To facilitate everyday transactions and financial flexibility, Potomac Bancshares, Inc. offers a range of credit and debit card options for its customers.
• Comprehensive Financial Services - Beyond traditional banking services, the company extends a wide array of additional services including Card Pay, cash management, and merchant services. Financial planning, trust and estate services, investment management, wealth management, full-service brokerage, retirement and insurance planning and products, asset allocation and management, and college planning services are also provided to cater to the broader financial needs of their clients.
• Online and Mobile Banking Services - Understanding the importance of accessibility and convenience in today’s digital age, Potomac Bancshares, Inc. offers advanced telephone, mobile, and online banking services, allowing customers to manage their finances effectively from anywhere.