Partners Bancorp (PTRS)

Overview

Partners Bancorp serves as the parent corporation overseeing the Bank of Delmarva, dedicated to providing a comprehensive range of financial products and services to both individual consumers and corporate clients throughout the United States. Established in 1896 and originally known as Delmar Bancorp, the organization adopted its current name in August 2020. With its principal office located in Salisbury, Maryland, Partners Bancorp operates from 15 branch locations, emphasizing both traditional banking services and innovative technological solutions.

The institution has built a diverse portfolio to cater to the varied financial needs of its clients. This includes a variety of deposit accounts, lending solutions, and advanced banking technologies that enhance customer convenience and efficiency in managing their finances.

Products and Services

• Deposit Accounts

  Partners Bancorp offers a range of deposit options including checking, money market, NOW, IRA, savings accounts, and specialized cash management and time deposit options to meet the financial needs of its clientele.

• Lending Solutions

  The institution provides an extensive array of lending solutions, including commercial real estate funding, Small Business Administration (SBA) loans, term loans, and mortgages for both new purchases and refinancing. This also covers bridge loans, equipment acquisition financing, and home equity loans.

• Vehicle Loans

  Partners Bancorp supports various vehicle purchase needs, extending financing for cars, mobile homes, boats, RVs, and motorcycles, ensuring clients can secure necessary transportation.

• Unsecured Consumer Credit

  Clients can benefit from unsecured consumer credit options, providing them with flexibility and access to funds without collateral requirements.

• Construction/Permanent Mortgages

  This loan option caters specifically to clients looking to finance new home construction or to convert construction loans into permanent financing solutions.

• Lot Loans

  For clients looking to purchase land, Partners Bancorp offers specialized lot loans to facilitate such investments.

• Lines of Credit and Business Credit Cards

  The organization provides lines of credit and specialized business credit cards, designed to support the financial operational needs of businesses.

• Technological Services

  Partners Bancorp incorporates various technological services such as online bill payment, ATM and debit card functionalities, merchant processing, fund transfers, cash advances, and advanced cash management tools including sweep accounts and cash concentration services.

• Convenient Account Management

  Clients can easily manage their finances through multiple platforms including phone, mobile applications, and internet banking, offering them flexibility and ease of access.