TOWN OF CHARLES, West Virginia., September 26, 2024 /PRNewswire/ — The BCTCares Foundation, a nonprofit organization founded and operated by employees of BCT Bank of Charles City (OTC:PTBS), also known as The Community’s Bank, announced Wednesday, September 25, 2024that raised a record $90,000 through its annual Pack The ‘Pack program. Since its inception, the BCTCares Foundation has donated $405,000 The goal of the program is to help people who are experiencing local food insecurity. The mission of the program is to support four charities that distribute food at the market and focus on providing nutritious food to children, individuals and families who are experiencing food insecurity. The donation amounted to $22,500 for each of the partner charities and will provide crucial funds for food purchases that will result in over 15,000 backpacks being filled with enough food for two days (weekend) per child. The fundraising effort was July 1, 2024 through August 31, 2024Contributions were requested and received from customers, suppliers, employees and the bank’s Board of Directors, along with citizens from the communities surrounding BCT branches and offices in Maryland, Virginiaand W.V..
“I am filled with pride for our team, our customers and our communities,” he said. Alice P. FrazierBCT President and CEO. “We far exceeded our goal this year, demonstrating a special generosity from our customers and communities, and a unified approach from our employees. Thank you to everyone who contributed financially or with their time and talent. Thanks to you, more children are less food insecure.”
For the ‘Pack’ campaign, BCTCares has partnered with local backpack program charities who will purchase and distribute food using the donated funds. Local backpack program partners are:
- Berkeley County Backpack Program (Berkeley County, West Virginia) – http://feedbcwvkids.org/
- Kidz Power Pacs from Community Combined Ministries (Berkeley and Jefferson Counties, West Virginia): https://communitycombined.org/
- HARC/Micah’s backpack (Washington County, Maryland) – https://harccoalition.org/programs/micahs-backpack/
- Fueled (formerly known as Loudoun Backpack Coalition) (Loudoun County, Virginia) – https://www.loudouneducationfoundation.org/fueled
For more information about the BCTCares Foundation and the Pack program The ‘Pack’ program, visit the BCT website at www.mybct.bank/about/bctcares/.
About the Foundation
The BCTCares Foundation is a 501(c)(3) organization formed in 2021 with the mission of providing direct support to food insecure children, families, and individuals in the four major counties served by BCT Bank of Charles Cityalso known as The Community Bank. The Foundation is located at 111 E. Washington Street, Charles City, West Virginia25414. Visit their informational webpage at https://www.mybct.bank/about/bctcares/. BCTCares Foundation, Inc.EIN 87-1550562. Please consult your tax advisor regarding possible tax benefits for donations.
About BCT Bank of Charles City
Founded in 1871, BCT – Charles Town Bankalso known as The Community’s Bank, is a wholly owned subsidiary of Potomac Banks, Inc. (OTC:PTBS). With approximately $832 million in assets to June 30, 2024The company conducts its operations through its main office, eight additional branches 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 offers a variety of banking products and services, including free access to over 55,000 A™ accounts through the Allpoint ® network, plus approximately another 675 free-access A™ accounts through another partnership. The bank offers convenient online and mobile banking services to individuals, businesses, and local governments. The bank also offers business lines and term loans, residential and commercial construction loans, commercial real estate loans, agricultural loans, and loans to government contractors. The bank is also a Small Business Administration (SBA) Preferred Lender. The residential lending division offers portfolio and secondary market mortgage loans, single-close to permanency construction loans, as well as home equity loans and lines of credit. For over 70 years, BCT Wealth Advisors has provided fiduciary services and has become a leading provider of financial, investment and wealth management services. BCT was chosen as the winner in the competition LoudounNow Loudoun Favorites 2024 Readers’ Survey in Four Categories: Bank, Mortgage companyBanker and Financial Planner. In 2023, American banker selected BCT as one of the “Top 200” Community bankan annual list of the best performing banks in USA with assets under 2 billion dollarsBCT was voted the winner of the “Best of the Best” award in 2023 Magazine-News Readers’ Choice Awards in four categories: Bank, Mortgage companyLending and financial planning services. In 2023, 2021, 2020 and 2019, the bank was named “Best Bank to Work For” by American banker.
The Company’s shares are traded on the OTC Pink Sheet market under the symbol “PTBS”. For more information about Potomac Banks, Inc.and the Bank, please visit our website at www.mybct.bank.
