BCT-Bank of Charles Town Appoints Ronald B. Burley as Chief Retail Banking Officer

Rhea-AI Summary

BCT-Bank of Charles Town (OTC: PTBS) has appointed Ronald B. Burley as Executive Vice President and Chief Retail Banking Officer. Burley brings over 23 years of banking experience, previously managing operations for 200+ branches in Mid-Atlantic markets. He holds an MBA from Salisbury University and a BS in Economics from Drexel University. As part of the executive team, he will oversee retail banking sales and operations, leveraging his experience in sales leadership, retail operations, and M&A to support the bank's strategic growth plans while maintaining positive client experiences.

Positive

• Appointment of seasoned executive with 23+ years of banking experience
• Strong operational background managing 200+ branches in Mid-Atlantic markets
• Addition of M&A experience to support strategic growth plans

Negative

• None.

CHARLES TOWN, W.Va., Dec. 2, 2024 /PRNewswire/ -- (OTC: PTBS) – BCT-Bank of Charles Town, also known as The Community's Bank, today announced the appointment of Ronald B. Burley as Executive Vice President and Chief Retail Banking Officer.  As a member of the bank's executive team, Mr. Burley will oversee retail banking sales and operations. 

Mr. Burley brings more than 23 years of extensive banking experience to BCT, much of it overseeing retail branch networks.  Most recently, he served as Branch Operations Manager where he managed operations for over 200 branches in the Mid-Atlantic markets.   Previous experience includes Regional Sales Manager for retail banking offices in the Maryland, West Virginia, and Virginia markets.

"We are delighted to have Ron join our executive team to lead our Retail Banking initiatives," stated Alice P. Frazier, President and CEO of BCT.  "Ron's proven sales leadership, strong retail bank operational skills, and M&A experience will enable us to further our strategic plans for growth while maintaining our commitment of positive client experiences."

Mr. Burley received an MBA degree in Business Administration and Management from Salisbury University-Perdue School of Business, in Salisbury, Maryland.  He received a BS degree in Economics from Drexel University, in Philadelphia, Pennsylvania.  Mr. Burley is Series 6, 63 and 66 licensed as well as a Certified Omega Facilitator.  He also completed the Virginia Bankers School of Bank Management at the University of Virginia.

Being a community banker, community involvement is important to Mr. Burley.  He currently serves as Chairman of the Scholarship Committee for the Rotary Club of Frederick (Maryland).  Previous service includes serving on the Board of Directors for Junior Achievement, Eastern Shore, and participated in  their programs for over 30 years. 

Mr. Burley makes his home in Frederick County, Maryland, with his wife and daughter.  He enjoys traveling with his family and playing golf.

About the Company

Founded in 1871, BCT - Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS). With approximately $871 million in assets as of September 30, 2024, the Company conducts operations through its main office, an additional eight branch offices, and two loan production offices.  BCT's offices are located in Jefferson and Berkeley Counties (WV), Washington County (MD), and Loudoun and Stafford Counties (VA). The Bank provides various banking products and services including free access to over 55,000 ATMs through the Allpoint^® network plus  another approximately 675 free access ATMs through another partnership.  The Bank provides convenient online and mobile banking for individuals, businesses, and local governments. The Bank also offers commercial lines and term loans, residential and commercial construction loans, commercial real estate loans, agricultural loans, and government contractor loans.  The Bank is also a Small Business Administration (SBA) Preferred Lender.  The Residential Lending division offers secondary market and portfolio mortgage loans, one-time close construction to perm loans, as well as home equity loans and lines of credit.  For over 70 years, BCT Wealth Advisors has provided trust services, growing into a premier financial management, investments, and estate services provider.  BCT was voted Winner in the LoudounNow 2024 Loudoun's Favorites readers' poll in four categories:  Bank, Mortgage Company, Banker, and Financial Planner.  Additionally, BCT was voted a "Best of the Best" winner in the 2024 Journal-News Readers' Choice Awards in three categories:  Bank, Financial Planning, and Loan Services. In 2023, American Banker selected BCT as a "Top 200 Community Bank," an annual listing of the best performing banks in the United States with assets under $2 billion.  In five of the last six years, the Bank was named a "Best Bank To Work For" by American Banker.

The Company's shares are quoted on the OTC Pink Sheet marketplace under the symbol "PTBS." For more information about Potomac Bancshares, Inc., and the Bank, please visit our website at www.mybct.bank.

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SOURCE BCT - Bank of Charles Town

FAQ

Who is the new Chief Retail Banking Officer at BCT-Bank of Charles Town (PTBS)?

Ronald B. Burley has been appointed as Executive Vice President and Chief Retail Banking Officer at BCT-Bank of Charles Town.

What experience does Ronald Burley bring to BCT-Bank (PTBS)?

Ronald Burley brings over 23 years of banking experience, including management of 200+ branches in Mid-Atlantic markets, and expertise in retail banking operations and sales leadership.

What are Ronald Burley's responsibilities at BCT-Bank (PTBS)?

As Executive Vice President and Chief Retail Banking Officer, Burley will oversee retail banking sales and operations as part of the bank's executive team.