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| Additional information |
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| Middletown Valley Bank |
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Mission statement:
Middletown Valley Bank's mission is to provide financial services and to promote economic growth and business opportunity within our market area, while striving to achieve an equitable return. Fulfillment of our mission will facilitate profitable bank growth, increase value to our stockholders, and provide desirable and rewarding employment. It is our stated desire
In fulfilling this mission, goals will be pursued which:1. Provide our shareholders a fair return on their investment.
2. Provide our customers quality service. Being responsive to our customers' financial needs is an essential element in accomplishing our mission.
3. Select, train, and retain high quality employees, and provide them with a teamwork environment in which they feel motivated to achieve outstanding performance, and in which they can obtain a sense of personal worth, growth, achievement and appreciation.
4. Continue to fulfill our responsibilities to our community. We are a community bank and will contribute human resources and leadership to help our community thrive.
5. Maintain an ongoing proactive planning process committed to the continued growth and profitability of the bank.
We consider honesty, integrity, loyalty, confidentiality and ability to perform the job essential for the success of our bank. |
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Overview:
Since 1908, Middletown Valley Bank has been the true community bank for valley residents and businesses. We have been the cornerstone of our customers' financial planning for generations. Combining the friendly customer service of hometown banking with state-of-the-art technology, we bring you the best of the old and the best of the new.
We plan to continue to grow and better serve our community. Though many advances of the 20th century have made the financial world smaller, Middletown Valley Bank has provided the strength, flexibility, and responsiveness only a true community bank can.
Log on to our online banking product. It will provide you numerous features of our trademark customer service on your schedule. Internet banking is just one of the ways we provide banking services to you. We have four full service locations staffed to provide personal service for all your banking needs. |
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History:
The first meeting of the Middletown Savings Bank was held on November 12, 1907 in a back room of what was Grangers Mutual Fire Insurance Company. It was decided at the meeting held November 23, 1907 to purchase the property where the Middletown Municipal Center is now located for a sum of $2,595. The actual construction was started in 1909 with occupancy occurring in February, 1910.
On August 2, 1937, Middletown Savings Bank bought out the failing Valley Bank and moved across the street to occupy the banking house of the failed bank. At a Board of Directors meeting held August 20, 1965, it was decided to change the name from Middletown Savings Bank to Middletown Valley Bank.
On February 24, 1978, the Board of Directors voted to purchase 60,000 square feet of property at the proposed Middletown Valley Center and on June 16, 1980, the Middletown branch opened for business. The branch has since been expanded to include five drive-up windows and an ATM.
On November 17, 1987, MVB acquired the Jefferson branch from Maryland National Bank with total assets of $9,000,000. In July of 1992, the bank held a grand opening for the new building complete with four drive-up windows and ATM.
In 1998, the bank purchased property on Ventrie Court in Myersville. The facility has five drive-up windows and an ATM.
In the fall of 2007, the bank opened its fifth branch on land purchased on Old National Pike in Boonsboro, MD. This branch features four drive-thru windows and the bank’s first drive-up ATM.
Today, Middletown Valley Bank is proud to be an independent bank and a part of the Middletown, Jefferson, Myersville, Boonsboro, and surrounding communities. |
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