CB Financial Services (NASDAQ:CBFV) is a Maryland-based bank holding company operating primarily through its wholly owned subsidiary, CB & Potomac. Headquartered in Waldorf, Maryland, the company provides a full range of banking and financial services to individuals, businesses, and public entities. Its core offerings include deposit accounts, lending solutions, wealth management, and trust services, all designed to meet the diverse needs of customers across its service area.
The company’s deposit products encompass checking, savings, money market accounts, certificates of deposit, and individual retirement accounts. On the lending side, CB Financial Services delivers residential mortgage financing, consumer installment loans, commercial real estate loans, and business lines of credit. In addition, the company’s wealth management division offers tailored financial planning, investment advisory, and fiduciary services, helping clients achieve long-term financial goals.
Founded in 1902 as The Charles County Bank, the organization has evolved through name changes and strategic expansions to emerge as a leading community bank in Southern Maryland. Over the years, the company broadened its footprint with additional branches and introduced new product lines to address changing customer preferences. In 2007, the holding company formally adopted the CB Financial Services name to reflect its wider offering of financial solutions beyond traditional banking.
Serving residents and businesses in Charles, Prince George’s, St. Mary’s, and Calvert counties, as well as select markets in Northern Virginia and the District of Columbia, CB Financial Services combines local decision-making with personalized attention. The company’s leadership team, headed by President and CEO Mark W. Tillman, emphasizes community involvement and customer-centric service. With a focus on prudent growth, operational efficiency, and strong governance, CB Financial Services continues to reinforce its commitment to the economic development of the regions it serves.
