Welcome to Revere Bank's new quarterly newsletter. We're excited to share bank news and information with you four times a year.
Our newsletter will feature customer success stories, updates on banking trends, products and services, and news about what we're up to in your neighborhood. We hope you'll take the time to read it and let us know what you think.
Revere Bank is proud to be your community bank. As always, we look forward to helping you become even more successful.
Drew Flott, Co-President & CEO
Ken Cook, Co-President & CEO
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Partnerships that Matter:
Banking on Healthy Pets
Not every bank can say it helps keep animals safe, healthy and happy. Here at Revere Bank, we do just that through our banking partnership with Rocky Gorge Animal Hospital.
While many banks focus exclusively on financials, Revere emphasizes building relationships and partnering in success with local businesses that are making a difference. Rocky Gorge is a perfect example. The state-of-the-art animal hospital joined Revere a year ago and couldn’t be happier with the decision.
Here's what Rocky Gorge had to say about Revere on WTOP.
Dealing with your small to medium-sized business' (SMB) finances can be overwhelming and time-consuming. As an owner, your busy schedule doesn't leave room for frequent trips or calls to the bank. You need a cash management strategy that will help you save time so you can focus your energy on growing your business.
Revere Bank received capital from shareholders to purchase 1,000,000 shares of common stock at $15.50 per share for a total of $15.5 million. The offering, completed in April 2015, raised the capital in a six-week period and was oversubscribed by $14 million.
Revere Bank celebrated opening its fifth office with a ribbon cutting ceremony and open house on May 5. Bank directors, investors and staff welcomed more than 130 guests to the early evening reception at the new branch office at 6031 University Blvd. in Columbia Corporate Park 100.
StartRight! Revere Bank is proud to be a sponsor of the 12th Annual Maryland Women's Business Center StartRight! 2015 Business Plan Competition. The competition encourages women entrepreneurs to write business plans and build strong companies.
Rebuilding Together Montgomery County. Revere Bank staff partnered with Christ Episcopal Church (Kensington) in the 2015 Rebuilding Together Montgomery County's National Rebuilding Day. More than 90 hours of hands-on work were provided by 15 employees who worked together to help a Montgomery County neighbor in need of home improvements. Rebuilding Together provides low-income homeowners with critical home repairs, accessibility modifications and energy-efficient upgrades.
Best Buddies Walk. Revere Bank employees raised more than $3,800 for the Best Buddies Friendship Walk in May. The money raised supports the organization's efforts to provide one-on-one friendship and employment opportunities for those with intellectual and developmental disabilities.
Baked by Yael Grand Opening. Congratulations to Revere Bank customer Yael Krigman on the opening of her cakepoppery in Woodley Park. Watch Revere Bank Vice President Eileen Ascher learn to frost cakepops on ABC7 .
Law Day. Revere Bank served as a sponsor for The Bar Association of Montgomery County, Maryland's 21st Annual Meeting & Law Day Celebration in April.
Shredding Day. Revere Bank sponsored a free Paper Shredding Day in late July at Behnke Nurseries in Beltsville, MD. The community was invited to dispose of their unwanted personal documents safely and securely.