Baronner Steps Down as President and CEO of Potomac Bancshares, Inc., and Bank of Charles Town
January 20, 2017 at 10:11 pm
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Potomac Bancshares, Inc., and its subsidiary, Bank of Charles Town, announced that Robert F. Baronner, Jr., has decided to step down from his positions as President and Chief Executive Officer of Potomac and the Bank, due to significant health issues. Mr. Baronner will be on a leave of absence from Potomac and the Bank. Arch A. Moore, III, has been appointed by the Board of Directors of Potomac and the Bank to serve as acting President and Chief Executive Officer until the Board names a permanent replacement for Mr. Baronner.
Potomac Bancshares, Inc. is the one bank holding company of Bank of Charles Town (BCT), also known as The Community's Bank. BCT is a locally owned community bank with nine full-service offices and one loan production office serving the Eastern Panhandle of West Virginia, Washington County, Maryland and Loudoun County, Virginia. Its personal banking services include personal checking; savings, Certificates of Deposit (CD) and Individual Retirement Accounts (IRA); Centsables financial education; online and mobile banking; Convenience services; home equity lending; personal loans; consumer credit cards; account opening service, and others. The Companyâs business banking services include specialties, commercial loans, small business administration (SBA) lending, business checking solutions, management, Autobooks, online and mobile banking, business credit cards and others. It offers fixed and adjustable-rate mortgages, construction loans, and VA, FHA, and USDA options.
POTOMAC BANCSHARES, INC. 