CHARLES TOWN, W.V.,
July 11, 2013 /PRNewswire/
-- The Board of Directors of Potomac Bancshares, Inc.,
(OTC-QB: PTBS), the One Bank Holding Company for Bank of
Charles Town, at its July 2013 meeting declared a 4 cents per share dividend for all shareholders
of record on July 22, 2013. This cash
dividend will be payable on August 1,
2013.
Robert F. Baronner Jr., President
and CEO, announced the Board also adopted a Dividend Reinvestment
and Direct Stock Purchase Plan for shareholders and an Employee
Stock Purchase Plan through its transfer agent, American Stock
Transfer and Trust Co., LLC.
Baronner said, "We're very pleased to offer our shareholders an
easy and convenient way to build their investment in Potomac
Bancshares. We're also very excited that employees will now be able
to invest on a biweekly basis in Potomac Bancshares stock through
payroll deduction. It will give all employees an opportunity
to have ownership in Potomac Bancshares and, in turn, a stake in
the future success of their company."
When ready for distribution, the Dividend Reinvestment Plan will
be mailed to all registered shareholders with enrollment
information. Shareholders who are interested in participating will
need to complete an enrollment form and return the same to American
Stock Transfer. It is expected the plan will be in place early in
the fourth quarter of 2013.
Bank of Charles Town has
locations in Charles Town,
Harpers Ferry, Kearneysville, Martinsburg and Hedgesville, West Virginia. The bank also
recently opened a new loan production office in Middleburg, Virginia. For more information
visit them online at www.mybct.com or speak to the staff at
304-725-8431.
SOURCE Potomac Bancshares, Inc.