Our Taylor Bank family would like to take the opportunity to thank our customers and stockholders for their loyalty and support throughout the years. Following our 125th Annivesary in 2015, I am pleased to inform you that 2016 was yet another milestone year for the bank. In May we opened our newest branch in the Ocean Landing retail complex just east of Berlin. In June we announced plans to expand our services to Virginia with an 11th branch on the island of Chincoteague, Virginia. As of this message, renovations to our Chincoteague location are progressing on schedule, and we expect to occupy our new Virginia location no later than April 2017. Shortly, our northern Worcester County customers will see our West Ocean City branch undergo an extensive interior and exterior renovation to better serve our customers in that area. We anticipate that renovations will be completed prior to Summer 2017. As we embark upon expanding our market and brand presence, it is important to note that the core fundamentals upon which Mr. Calvin B. Taylor founded the bank in 1890 have not changed.
Taylor Bank continues to operate under a mission statement that emphasizes profitability over growth, and our conservative operating philosophy has been time tested. For 125 years, this philosophy has proven to be the best way to return value to our stockholders, customers, and our local communities. Our culture promotes capital accretion and preservation, a key driver of safety, soundness, stability, and perhaps most important, future viability.
At Taylor Bank, we also understand the impact and responsibility we have to the communities we serve. We are customer relationship and customer service driven, not transaction driven. The bank offers a wide variety of consumer and business deposit and loan products, a full suite of electronic banking services such as internet and mobile banking, and ancillary services such as Merchant Services, Remote Deposit Capture, and ACH origination. All of our banking products and services are designed for convenience, ease of use, and to help our customers prosper.
On behalf of the Board of Directors, thank you for visiting our website. If you are an existing customer, thank you for your business! If you are a prospective customer, we invite you to open an account and experience why Taylor Bank is “Everything a Good Neighbor Should Be”.
Raymond M. Thompson
President and CEO