Taylor Bank Plans New Branch in Cape Charles, Virginia
Rhea-AI Summary
Taylor Bank has announced plans to open a new full-service branch in Cape Charles, Virginia, marking its 13th office and third full-service branch in Virginia since 2017. The branch, located at 645 Mason Avenue, is expected to open in 2025. It will offer a range of personal and business banking services, featuring modern amenities such as teller pods, a tech station, and drive-up lanes. Shannon Satterwhite and Lisa Lewis will serve as the branch's Lending and Business Development Officer and Branch Manager, respectively.
Since entering the Virginia market in 2017, Taylor Bank has actively supported local communities, contributing over $300,000 in donations. In the past year alone, the bank has donated more than $5,000 to various causes in Northampton County. This expansion reflects Taylor Bank's commitment to serving and supporting local communities, a tradition dating back to its founding in 1890.
Positive
- Expansion into new market with 13th office and 3rd full-service branch in Virginia
- Modern branch features including teller pods, tech station, and drive-up lanes
- Active community involvement with over $300,000 in donations since entering Virginia market
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TYCB declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
BERLIN, MD / ACCESSWIRE / August 20, 2024 / Taylor Bank today announced plans to build a new, full-service branch in Cape Charles, VA. The new branch, located at 645 Mason Avenue, is expected to open in 2025. This location marks the 13th office for Taylor Bank and third full-service branch to open in Virginia since 2017. The Cape Charles location will cater to the community's banking needs by offering both in-branch and digital solutions and will provide a wide range of products and services for both personal and business customers.
"We're proud of our commitment to serve local communities since 1890 and are thrilled to join the Cape Charles community," said Raymond M. Thompson, President and CEO. "We look forward to continued success as we serve and support our valued customers, in Cape Charles and the neighboring areas of Northampton County, building strong relationships and supporting the community every step of the way."
Taylor Bank's new branch will feature teller pods, a tech station, and customer hospitality area, as well as two drive up lanes, including one for a drive-up ATM. Shannon Satterwhite will serve as the branch's Lending and Business Development Officer, and Lisa Lewis will serve as the Branch Manager.
Since entering the Virginia market in 2017, Taylor Bank has become an active member of the community, contributing over
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About Calvin B. Taylor Banking Company
Calvin B. Taylor Banking Company, the bank subsidiary of Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), founded in 1890, offers a wide range of loan, deposit, and ancillary banking services through both physical and digital delivery channels. The Company has 12 banking locations in Maryland, Delaware, and Virginia on the Delmarva Peninsula.
Contact
Raymond M. Thompson, President and Chief Executive Officer
410-641-1700, taylorbank.com
SOURCE: Calvin B. Taylor Bankshares, Inc.
View the original press release on accesswire.com
FAQ
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