A
Brief History
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Queenstown Bank
of Maryland is located in the
town of Queenstown, in the State
of Maryland. The Queenstown Bank
of Maryland was incorporated
April 19, 1899, and officially
opened for business July 1, 1899.
We are currently the second
oldest locally established bank
in the county. Originally it was
known as Queenstown Savings Bank
of Queen Anne's County, the name
was changed to Queenstown Bank of
Maryland by the actions of the
Maryland State Legislature in
1910.
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In 1918, a site in the
center of Queenstown was secured for the
purpose of construction of a new bank
building. That building opened for business on
April 21, 1919. Assets having grown from the
original $5000 to $142,000 in less than 20
years
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In 1962 our
second branch opened when the
Grasonville location was
dedicated on March 24th.
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The next Branch
was not opened until may of 1980.
The Chester Branch was
dedicated by then President James
R. Friel. This is the first
branch of ours to receive an ATM
machine when one was installed in
December of 1985.
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In 1995, the bank
purchased property at Benton's
crossing, Routes 8 and 18 in
Stevensville for a branch bank.
It opened for business in May of
1997.
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Property was
purchased in Centreville in July
1997 to build the bank's sixth
branch. The branch opened for
business in January 1999.
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Our
latest addition to the Queenstown Bank family
opened in June of 2000. Located in historic
Easton, this branch is our first to open
outside of Queen Anne County.
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Our
success during these past 100
years is due to the efforts and
loyalty of its people - the
customers, employees, officers
and directors. The Queenstown
Bank looks toward the future with
confidence to serve its many
friends and customers in a
friendly manner that can only be
found in a local community bank.
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© 2008 Queenstown Bank of Maryland
All Rights Reserved
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