Company Information

Get to know Potomac Bancshares

Potomac Bancshares, Inc. is the parent company of Bank of Charles Town (BCT), a community bank originally chartered in 1871. As a community-focused institution, BCT is dedicated to serving the financial needs of individuals, businesses, and communities in the Eastern Panhandle of West Virginia, Loudoun County, Virginia, and Washington County, Maryland. The bank's mission is to be the premier financial services provider in its markets, offering a comprehensive suite of services including personal and business banking, commercial and consumer loans, and wealth management, all while fostering strong community relationships and delivering value to its shareholders.

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Potomac Bancshares

United States

Founded in

1871 (155 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.