BCT-Bank of Charles Town's Alice P. Frazier to Serve as ICBA Chairman-elect

March 14, 2025
Charles Town, WV, March 14, 2025 / PRNewswire / (OTC:PTBS) — BCT-Bank of Charles Town, also known as The Community’s Bank, announced that Alice P. Frazier, President and CEO, was elected chairman-elect of the Independent Community Bankers of America (ICBA) for 2025-26. Her term begins March 14 at the conclusion of ICBA LIVE in Nashville, Tennessee.
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"I'm ecstatic for this opportunity to stand up for our nation's community banks as ICBA chairman-elect," Frazier said. “Our institutions leverage relationship-based banking, and our success is tied to the communities we serve. Advancing ICBA’s advocacy with policymakers, and delivering on innovation and education to our members, will further an environment where community banks help local economies flourish." 

Frazier serves in many leadership roles at ICBA. She is a member of the ICBA Executive Committee and board of directors, a member of ICBA’s Federal Delegate Board and its Policy and Nominating Committees. She also serves as the Executive Committee liaison for the Minority Bank Advisory Council and the Safety and Soundness Subcommittee. Frazier previously served on the ICBA Executive Committee as secretary from 2019-21. 

Frazier is also active at the local level. She serves on the Federal Reserve Bank of Richmond Board and is past chairman of the Virginia Association of Community Banks. She currently serves as treasurer on the WVU East Hospital System and for the Loudoun Economic Development Authority.

"Alice is one of the most dedicated advocates for community banking, and I’m excited that she’s helping to guide our industry," said ICBA Chairman Jack Hopkins, president and CEO of CorTrust Bank in Sioux Falls, S.D. "With her knowledge and the respect she holds among peers, we are fortunate to have her counsel on ICBA’s Executive Committee as we drive change in Washington and continue our steadfast dedication to community banking."

ICBA is the only national advocacy organization dedicated exclusively to promoting the interests of locally operated community banks and savings institutions. With the high-tech, high-touch banking services that consumers expect, community banks offer the best financial-services options for millions of consumers, small businesses, and agricultural enterprises. 

For more information, visit ICBA’s website: https://www.icba.org/

About ICBA

The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.  As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.

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About the Company

Potomac Bank, Inc., a wholly owned subsidiary of Potomac Bancshares, Inc., was founded in 1871 as Bank of Charles Town and renamed Potomac Bank on November 3, 2025. The Company’s total assets were $976 million as of March 31, 2026. The Bank conducts operations through its nine-branch network and one loan production office serving the Eastern Panhandle of West Virginia, Washington County, Maryland, and Northern Virginia. The Bank offers comprehensive financial solutions through its consumer and commercial banking divisions, Trust, Wealth, and BCT Investments divisions, and its Residential Lending mortgage division. The Bank is also proud to serve its communities as a Small Business Administration (SBA) Preferred Lender. Over the past several years, the Bank has received numerous awards and recognitions, including American Banker’s “Top 200 Community Banks” and “Best Banks to Work For”, the Journal-News “Best of the Best” award, and the LoudounNow “Loudoun’s Favorite” award. 

The Company's shares are quoted on the OTCID marketplace under the symbol "PTBS." For more information about the Bank, please visit our website at www.potomac.bank.

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