Potomac Bancshares, Inc. Declares Dividend, Payable on February 1, 2016
January 16, 2016 at 04:35 am IST
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Robert F. Baronner, Jr., President and CEO, of Potomac Bancshares Inc. announced the Board of Directors declared a 0.06 cent per share dividend at its meeting on January 12, 2016. The dividend is for all shareholders of record on January 25, 2016 and will be paid on February 1, 2016. The dividend reflects a 14% increase over the 5.25 cent dividend paid on November 2, 2015.
Potomac Bancshares, Inc. is the one bank holding company of Bank of Charles Town (BCT), also known as The Community's Bank. BCT is a locally owned community bank with nine full-service offices and one loan production office serving the Eastern Panhandle of West Virginia, Washington County, Maryland and Loudoun County, Virginia. Its personal banking services include personal checking; savings, Certificates of Deposit (CD) and Individual Retirement Accounts (IRA); Centsables financial education; online and mobile banking; Convenience services; home equity lending; personal loans; consumer credit cards; account opening service, and others. The Companyâs business banking services include specialties, commercial loans, small business administration (SBA) lending, business checking solutions, management, Autobooks, online and mobile banking, business credit cards and others. It offers fixed and adjustable-rate mortgages, construction loans, and VA, FHA, and USDA options.