Potomac Bancshares, Inc.

Potomac Bancshares, Inc. is a single-bank holding company that acquired Bank of Charles Town on July 29, 1994. Bank of Charles Town, a West Virginia state-chartered bank formed in 1871, engages in general banking business. Its deposits are insured by the Federal Deposit Insurance Corporation. The bank primarily serves Jefferson, Berkeley, and Morgan Counties in West Virginia; Clarke, Frederick, and Loudoun Counties in Virginia; and Washington and Frederick Counties in Maryland. The main office is in Charles Town, West Virginia, with branch offices in Harpers Ferry, Kearneysville, Martinsburg, and Hedgesville, West Virginia. The bank offers a broad range of services to individuals, businesses, and local governments. These include commercial credit lines, equipment loans, construction financing, real estate loans, secondary market and adjustable rate mortgages, and retail loan products like home equity lines of credit. It also provides checking and savings accounts for businesses and individuals, certificates of deposit, and individual retirement accounts. Customers can access online banking with bill pay and electronic statements through BCT NetTeller 24 hours a day, 7 days a week. ATMs are available at each of the five offices, and Touchline 24, an interactive voice response system, is available 24/7 at 1-304-728-2424. In 2005, the bank formed an ATM network with two other banks, providing customers of all three banks free access to 17 ATM locations in the eastern panhandle of West Virginia. Use of ATMs at all Sheetz locations is also free. The bank's One Financial Center houses the trust and financial services department and BCT Investments, with the trust department providing financial management, investment, and trust services.