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The Queenstown Bank of Maryland

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The Queenstown Bank of Maryland

History:

Queenstown Bank of Maryland is located in the town of Queenstown, in the State of Maryland. The Queenstown Bank of Maryland was incorporated April 19, 1899, and officially opened for business July 1, 1899. We are currently the second oldest locally established bank in the county. Originally it was known as Queenstown Savings Bank of Queen Anne's County, the name was changed to Queenstown Bank of Maryland by the actions of the Maryland State Legislature in 1910.
In 1918, a site in the center of Queenstown was secured for the purpose of construction of a new bank building. That building opened for business on April 21, 1919. Assets having grown from the original $5000 to $142,000 in less than 20 years.

    In 1962 our second branch opened when the Grasonville location was dedicated on March 24th.
The next Branch was not opened until may of 1980. The Chester Branch was dedicated by then President James R. Friel. This is the first branch of ours to receive an ATM machine when one was installed in December of 1985.

    In 1995, the bank purchased property at Benton's crossing, Routes 8 and 18 in Stevensville for a branch bank. It opened for business in May of 1997.
Property was purchased in Centreville in July 1997 to build the bank's sixth branch. The branch opened for business in January 1999.

    Our first branch outside of Queen Anne’s County was opened June of 2000 in historic Easton.
In March 2009, we opened our second location outside of Queen Anne’s County in Ridgely, MD.

    Our latest addition to the Queenstown Bank family was opened March of 2010. Located in Church Hill, MD, we are now operating in the historic Church Hill Bank building.
Our success during these past 100 years is due to the efforts and loyalty of its people - the customers, employees, officers and directors. The Queenstown Bank looks toward the future with confidence to serve its many friends and customers in a friendly manner that can only be found in a local community bank.

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