BCT to rename as Potomac Bank Nov. 3
In celebration of Bank of Charles Town’s journey that has been unfolding for over 154 years, the bank has announced it is officially being renamed Potomac Bank, effective Nov. 3. This transition not only reflects the bank’s growth and expanding regional presence across the Eastern Panhandle of West Virginia, Washington County, Maryland, and Northern Virginia, it also affirms the foresight of its Board of Directors who established and named its holding company, Potomac Bancshares, over 30 years ago.
The name Potomac Bank was chosen to symbolize the powerful connection shared among the diverse communities the bank serves, all united by the namesake Potomac River, which has shaped the region’s geography, history, and prosperity. This transition is a natural progression that honors the bank’s heritage and values while celebrating the shared connection that unites the bank’s identity.
“Potomac Bank is more than a new name. It’s a reflection of who we’ve become, the relationships we’ve nurtured, and the future we’re building together,” stated Dr. Keith Berkeley, Chairman of Potomac Bancshares. “This transition isn’t about changing who we are, it’s about embracing our successful growth into the Potomac River region and expanding those relationships into the future.”
The new name also directly aligns the bank with its holding company, Potomac Bancshares, whose name was intentionally chosen in 1994 in anticipation of this very moment of growth. Since its founding in 1871, the bank has been deeply rooted in the Charles Town, West Virginia, area. Over many generations, it has shared its unique approach to community banking, extending its reach to neighboring communities across a broader Potomac River region.
“While our name is evolving, our iconic tree logo endures as a symbol of our deep roots and our ongoing commitment to growing strong, vibrant communities,” said Alice P. Frazier, President and CEO. “As we look to the future, our client-first mindset will continue to guide our team in providing expert financial guidance and driving innovation across the bank, from improving the client experience to enhancing efficiency and expanding our offerings. And just as we always have, we’ll continue to lead with our founding core value – if you have the ability to help your neighbor, you do.”
“This transition does not mark a departure from our values, it reaffirms them,” said Frazier. “The experience clients have come to trust – customized support, local decision-making, and a meaningful impact on local communities – remains the same.”
This transition marks a significant milestone in the bank’s long and storied history, a celebration of everything accomplished over the past 154 years, and a step into the future. Bank of Charles Town, to be renamed Potomac Bank on Nov. 3, is where tradition meets progress and where community takes root.
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