BCT-Bank of Charles Town Named A "Best Bank to Work For" for a Fifth Time by American Banker

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BCT-Bank of Charles Town (OTC:PTBS) has been named a '2024 Best Banks to Work For' by American Banker, marking its fifth recognition in six years. The program, established in 2013 by American Banker and Best Companies Group, evaluates U.S. banks based on employee satisfaction through comprehensive surveys and organizational assessment.

The selection criteria emphasize engaged leadership, strong corporate culture, job training opportunities, and employee benefits including volunteer time off and appreciation events. Banks ranging from 52 to 5,200 employees were eligible for consideration.

President and CEO Alice P. Frazier highlighted the company's commitment to creating an exceptional employee experience, noting that employee feedback provides valuable insights for continuous workplace improvement.

CHARLES TOWN, W.Va., Nov. 13, 2024 /PRNewswire/ -- (OTC:PTBS) - BCT-Bank of Charles Town, also known as The Community's Bank, has been named a "2024 Best Banks to Work For." BCT has been selected five of the last six years for this honor.

The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes, and honors U.S. banks for outstanding employee satisfaction. Full results of this year's program are available at American Banker.

In addition to researching each bank's overall story, American Banker surveys employees with in-depth questions to provide significant data about employee engagement. Banks making the list tend to prioritize engaged leaders, a strong corporate culture, job training and advancement and a feeling of belonging within the organization. Generous employee benefits, such as paid time off to volunteer and regular employee appreciation events, were also key, as was making time to have fun as a group.

"We are extremely proud of being selected a Best Bank to Work For, again," stated Alice P. Frazier, President and CEO of BCT. "Our leadership teams work hard to create a top-of-class employee experience. Having employees continue to validate our approach is extremely gratifying. Moreover, their survey feedback provides valuable intelligence about how to continue making BCT a great place to build a career."

Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking. The program is open to commercial banks, thrifts, savings banks and other chartered retail financial institutions with at least 50 employees in the United States. Those who made the ranking this year ranged in size from 52 to 5,200.

About BCT-Bank of Charles Town

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

What recognition did BCT-Bank of Charles Town (PTBS) receive in 2024?

BCT-Bank of Charles Town (PTBS) was named a '2024 Best Banks to Work For' by American Banker, their fifth recognition in six years.

How many times has BCT-Bank of Charles Town (PTBS) received the Best Banks to Work For award?

BCT-Bank of Charles Town (PTBS) has received the Best Banks to Work For award five times in the last six years.

What criteria were used to select BCT-Bank (PTBS) as a Best Bank to Work For in 2024?

The selection was based on employee satisfaction surveys, engaged leadership, corporate culture, job training opportunities, and employee benefits including volunteer time off and appreciation events.

What is the size range of banks eligible for the 2024 Best Banks to Work For recognition?

Banks eligible for the recognition ranged from 52 to 5,200 employees and must be chartered retail financial institutions in the United States.