John R. Milleson, President and Chief Executive Officer of Bank of Clarke County, announced today that Bank of Clarke County will be expanding its market area by opening a branch in Round Hill, Virginia, in western Loudoun County.
This branch, which will open in the former Round Hill National Bank building at 21 Main Street in Round Hill, represents the first market expansion for the 129 year old bank since its expansion into Winchester and Frederick County, Virginia in 1992. This new location will bring to twelve the number of branches in the bank’s network which includes two locations in Clarke County and nine in Winchester/Frederick County.
“We are truly excited about this market expansion”, said Milleson. “This is the right time to expand due to the Bank’s financial strength and the opportunity we see in Loudoun County. Round Hill has been without a bank to call their own for too long. We’ve been their neighbors and now we look forward to becoming “their” community bank”.
“We recognize the fact that many residents in western Loudoun County are time-constrained,” Milleson continued, “so we feel that our ongoing investment in alternative banking channels will appeal to a vast majority of them, including online banking and bill pay, 24 hour customer service line, mobile banking and, for the commercial customers, remote deposit capture. And, we also recognize that these same citizens need a physical location in which to rent safe deposit boxes, talk with loan and investment professionals and have an ATM available to them in their community. This location, as with all of our locations, will provide a full-service, multi-channeled approach to meeting the needs of our customers.”
Pending regulatory approval, Bank of Clarke County is planning to open its doors in Round Hill during the fall of 2010.