Alice Frazier, BCT President and CEO, Honored by Washington Business Journal as a 2023 Women Who Mean Business Selectee

October 6, 2023
CHARLES TOWN, WV, October 06, 2023 /PRNewswire/ (OTC:PTBS) BCT-Bank of Charles Town, also known as The Community’s Bank, is pleased to announce that Alice Frazier, President and CEO, and member of the Board of Directors, was recognized as one of the select Honorees at the Washington Business Journal’s 2023 Women Who Mean Business gala. The event took place at the Ritz-Carlton, Washington, DC, on October 5, 2023.
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"To say I am humbled by this honor is an understatement,” stated Alice P. Frazier.  “This recognition would not be possible without the hard-working BCT team I am blessed to lead as well as my loving husband who’s support and sacrifices makes this possible.”

This is the 20th annual selection of Women Who Mean Business, honoring the Washington, DC region’s most influential business women of 2023.  The honor and event is produced and hosted by the Washington Business Journal. Honorees were selected from hundreds of nominations from Greater Washington’s business and non-profit sectors, representing women from every industry and profession, as well as women who make a difference in their communities and leave a positive mark on the Washington region.

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About the Company

Founded in 1871, BCT - Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS). With approximately $896 million in assets as of March 31, 2025, the Company conducts operations through its main office, an additional eight branch offices, and two loan production offices.  BCT’s offices are located in Jefferson and Berkeley Counties (WV), Washington County (MD), and Loudoun and Stafford Counties (VA).   The Bank offers commercial lines and term loans, residential and commercial construction loans, commercial real estate loans, agricultural loans, and government contractor loans.  The Bank is also a Small Business Administration (SBA) Preferred Lender.  The Residential Lending division offers secondary market and portfolio mortgage loans, one-time close construction to perm loans, as well as home equity loans and lines of credit.  For over 70 years, BCT Wealth Advisors has provided caring and personalized trust services, growing into a premier financial management, investments, and estate services provider.  The Bank also provides convenient online and mobile banking for individuals, businesses, and local governments plus free access to over 55,000 ATMs through the Allpoint® network plus another approximately 675 free access ATMs through another partnership.  BCT was voted WINNER in the LoudounNow 2024 Loudoun’s Favorite readers’ poll in four categories:  Bank, Mortgage Company, Banker, and Financial Planner.  BCT was voted a “Best of the Best” winner in the 2024 Martinsburg Journal-News Readers’ Choice Awards in three categories:  Bank, Loan Services, and Financial Planning. In 2023, American Banker selected BCT as a “Top 200 Community Bank,” an annual listing of the best performing banks in the United States with assets under $2 billion.  Since 2019, the Bank has been named a “Best Bank To Work For” by American Banker five times.

The Company's shares are quoted on the OTC Pink Sheet marketplace under the symbol "PTBS." For more information about Potomac Bancshares, Inc., and the Bank, please visit our website at www.mybct.bank.