Potomac Bank Adopted as New Name of Bank of Charles Town
Rhea-AI Summary
Potomac Bank (OTCID: PTBS) announced on November 3, 2025 that Bank of Charles Town has officially adopted the new name Potomac Bank. The change reflects the bank's 154-year history and its geographic expansion across the Eastern Panhandle of West Virginia, Washington County Maryland, and Northern Virginia.
The new name aligns the bank with its holding company, Potomac Bancshares, founded in 1994, and introduces the tagline "Community Takes Root Here" to emphasize local banking, community support, and regional identity tied to the Potomac River.
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On the day this news was published, PTBS declined NaN%, reflecting a moderate negative market reaction.
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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.
"Today is another historic moment for this remarkable institution," stated Alice P. Frazier, President and CEO. "Adopting Potomac Bank as our new name is recognition of BCT's success in reaching multiple communities throughout the Potomac River region and positions us to continue that success under the unifying name Potomac Bank. We are excited to share our culture of innovation and building authentic relationships that span generations with more communities throughout our region."
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
To mark this new chapter, Potomac Bank introduced its new tagline: "Community Takes Root Here." This phrase underscores the bank's ongoing mission to help the communities and economies they serve grow stronger by supporting individuals and families, local entrepreneurs and businesses, municipalities, and community organizations, plus investing in the next generation. It is where tradition meets progress and where community takes root.
About Potomac Bank
Potomac Bank has proudly served its communities for over 154 years. Founded in 1871, and a wholly owned subsidiary of Potomac Bancshares, Inc. (OTCID: PTBS), the bank has grown to become a trusted financial partner for individuals, families, businesses, nonprofits, and municipalities across the Eastern Panhandle of
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SOURCE Potomac Bancshares, Inc.