Business
Alice Frazier of Bank of Charles Town Appointed to Federal Reserve Bank of Richmond's Board of Directors
Alice Frazier of Bank of Charles Town Appointed to Federal Reserve Bank of Richmond's Board of Directors.
About this update from Potomac Bancshares, Inc.
[{"type":"text","content":"\n\n\n\nAlice Frazier of Bank of Charles Town Appointed to Federal Reserve Bank of Richmond's Board of Directors\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAlice Frazier of Bank of Charles Town Appointed to Federal Reserve Bank of Richmond's Board of Directors\nPR Newswire\nCHARLES TOWN, W.Va., Feb. 2, 2023\n\n\n\nCHARLES TOWN, W.Va., Feb. 2, 2023 /PRNewswire/ -- (OTC:PTBS) – BCT-Bank of Charles Town, also known as The Community's Bank, announced the recent news of Alice Frazier, BCT's President and CEO, being appointed to the Board of Directors of the Federal Reserve Bank of Richmond.  Her appointment term is 2023 through 2025.\n\n \n \n \n \n \n \n\n \n\"Being elected to serve on the Board of the Federal Reserve is a privilege and honor,\" stated Frazier.  \"I cherish the opportunity to represent the vital role local community banks play in promoting strong communities.\"\nMs. Frazier will serve as a Class A Director, representing member banks within the jurisdiction of the Federal Reserve Bank of Richmond.   In addition to serving as President and CEO of BCT, Ms. Frazier also serves on the Potomac Bancshares, Inc. Board of Directors, the one holding company of BCT.  She further serves as a Director with the Loudoun County (Virginia) Economic Development Authority, on the Loudoun County Chamber of Commerce Board of Directors, on the West Virginia University-East Hospital Board of Directors, and on the Independent Community Banks of America (ICBA) Board of Directors where she currently serves as Chairwoman of Bank Operations and Payments Committee.  Ms. Frazier is also a past Chairman of the Virginia Association of Community Banks.\nIncluding her current position with BCT, Ms. Frazier has more than 32 years of local banking experience, including service with Cardinal Financial Corporation as executive vice president and COO, BB&T as SVP/Area Executive in Loudoun County, and Middleburg Financial Corporation as CFO and COO, which is where Frazier began her banking career. Prior to that, she worked four years in public accountin...