EASTON, Md., April 10, 2007 (PRIME NEWSWIRE) -- The Felton Bank, a wholly owned subsidiary of Shore Bancshares, Inc. headquartered in Felton, Delaware, today announced the opening of its third full-service branch, a facility inside the Camden Wal-Mart superstore located on US Rte. 13 in the rapidly expanding south Dover marketplace.
The new Felton Bank branch is open seven days a week and is staffed with a team of 7 experienced bank representatives on flexible schedules that are organized to best meet customer traffic patterns. An ATM is also included in the 750 square-foot branch layout.
"We are providing convenient daily hours and one-stop shopping to the south Dover community and to Wal-Mart and Felton Bank customers," said Tom Evans, President and CEO of The Felton Bank. Over 60,000 Wal-Mart customers pass through the Camden store on a weekly basis, currently making it one of the retailer's top stores in terms of national sales volume.
"We think this is a great opportunity to raise visibility for our local banking affiliate in a highly desirable portion of our Delaware geographic footprint," said Moorhead Vermilye, Chief Executive Officer and President of the parent company Shore Bancshares, Inc.
The Felton Bank was established in 1908 in Kent County Delaware. Shore Bancshares, Inc. (Nasdaq:SHBI), headquartered in Easton, MD, is the largest independent community banking organization headquartered on the Delmarva peninsula. It is the parent company of three banks, The Talbot Bank of Easton, Maryland, The Centreville National Bank of Maryland, and The Felton Bank; two insurance producer firms, The Avon-Dixon Agency, LLC and Elliott Wilson Insurance, LLC; an insurance premium finance company, Mubell Finance, LLC; a mortgage company, Wye Mortgage Group and a wealth management and investment advisory company, Wye Trust Services.