An independent community bank serving the Eastern Shore since 1880

News

News

This is your source for the latest news and information on 1880 Bank, community banking, events, and causes we support.

Delmarva Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share

Delmarva Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share

Cambridge, MD – October 23, 2018 – Delmarva Bancshares, Inc. (“Company”), parent company of 1880 Bank (collectively with the Company, “Delmarva”) announced the Board of Directors has declared a quarterly cash dividend of $0.05 per share to holders of the Company’s Common Stock and Preferred Series A and B Stock. The dividend is payable on … Continue reading Delmarva Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share

Third Quarter 2018 Shareholder Letter & Financials

Third Quarter 2018 Shareholder Letter & Financials

Delmarva Bancshares, Inc. (the “Company” or “Delmarva”), parent company for 1880 Bank, today reported net income of $731 thousand or $0.12 per share for the quarter ended September 30, 2018, compared to net income of $597 thousand or $0.10 per share for the third quarter of 2017. The Company’s net income for the nine months … Continue reading Third Quarter 2018 Shareholder Letter & Financials

1880 Bank Shred Day – October 20th, 2018

1880 Bank Shred Day – October 20th, 2018

1880 Bank Shred Day – July 21st, 2018

1880 Bank Shred Day – July 21st, 2018

OTC Markets Group Welcomes Delmarva Bancshares to OTCQX

OTC Markets Group Welcomes Delmarva Bancshares to OTCQX

NEW YORK, June 20, 2018 /PRNewswire/ — OTC Markets Group Inc. (OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Delmarva Bancshares, Inc. (DLMV), a Bank Holding Company for 1880 Bank, a state-chartered, Federal Reserve member commercial bank, has qualified to trade on the OTCQX® Best Market. Delmarva Bancshares upgraded to … Continue reading OTC Markets Group Welcomes Delmarva Bancshares to OTCQX

Welcome to 1880 Bank!

Welcome to 1880 Bank!

Steven M. Belote Joins 1880 Bank as Chief Financial Officer

Steven M. Belote Joins 1880 Bank as Chief Financial Officer

Judann Culver Becomes Chief Operations Officer Steven M. Belote Judann Culver CAMBRIDGE, MD – July 11, 2016 – 1880 Bank is pleased to announce that Steven M. Belote has been hired as Executive Vice President and Chief Financial Officer. Mr. Belote is a Certified Public Accountant with more than twenty-seven years of experience in public … Continue reading Steven M. Belote Joins 1880 Bank as Chief Financial Officer

ICBA and 1880 Bank Offer Financial Tips for Travelers Planning Ahead Can Help You Keep Your Money Safe

ICBA and 1880 Bank Offer Financial Tips for Travelers Planning Ahead Can Help You Keep Your Money Safe

Cambridge, MD (July 1, 2016) — With many Americans planning on traveling for the July 4th holiday, 1880 Bank and the Independent Community Bankers of America® (ICBA) are providing consumers with the information they need to help keep their money secure before departing for the holiday weekend or an extended vacation. “There is nothing that … Continue reading ICBA and 1880 Bank Offer Financial Tips for Travelers Planning Ahead Can Help You Keep Your Money Safe

1880 Bank Celebrates National Small Business Week

1880 Bank Celebrates National Small Business Week

Cambridge, MD (May 2, 2016) — The Independent Community Bankers of America (ICBA) and 1880 Bank are joining the Small Business Administration (SBA) in celebrating National Small Business Week, May 1-7, 2016. “Small businesses are at the center of the nation’s economic prosperity as they create local jobs and economic growth in cities and towns … Continue reading 1880 Bank Celebrates National Small Business Week

1880 Bank Celebrates Community Banking Month

1880 Bank Celebrates Community Banking Month

Announces support for non-profit organizations to build stronger communities Cambridge, MD (April 1, 2016) — The Independent Community Bankers of America® (ICBA) and 1880 Bank will recognize Community Banking Month in April, a month dedicated to celebrating the longstanding tradition of local banking. Throughout April, ICBA and 1880 Bank will encourage consumers, entrepreneurs, farmers and … Continue reading 1880 Bank Celebrates Community Banking Month