February 3, 1999
HOW TO measure the loss of a planned $6 million headquarters of Carroll County Bank & Trust in Westminster? The evaporation of 135 promised jobs? Collapse of the major redevelopment project for downtown Westminster? The disappearance of a strong, 150-year-old locally owned bank?After a nasty court fight over stockholder demands to sell, CCB&T became an attractive target in the frenzy of nationwide bank consolidation. BB&T Corp. of North Carolina last week reeled in the bank, Carroll County's largest, and its holding company, Mason-Dixon Bancshares Inc.The greatest impact for Westminster is the loss of the painstakingly planned redevelopment of the former Farmers Supply Co. site into an office center, parking structure and bank headquarters.
October 4, 1993
Three hours before her retirement party, Ruth Ellen Bollinger was busy answering phones, filling out forms and meeting with employees."She'll probably work overtime today," said Carroll County Bank marketing manager James C. Wise with a laugh. "Then, they'll probably forward her calls to her home tomorrow."On Thursday, Mrs. Bollinger ended her 48-year career with the Westminster-based bank, a career she never thought she'd begin in the first place."I told my mother, 'I'm not banking material,' " Mrs. Bollinger said, recalling the job offer she received upon graduating from Westminster High School in 1945.
May 7, 1998
Carroll County Bank & Trust Co., a key player in the revitalization of downtown Westminster, is seeking to expand its Englar Road branch.Westminster Planning and Zoning Commission will review a site plan for the proposed project at 7 p.m. today. The meeting will be held at Westminster City Hall, 1838 Emerald Hill Lane.Bank officials are seeking permission to build a 2,200-square-foot addition to the one-story, 4,400-square-foot branch. The addition would be to the rear of the building."The branch has had double-digit growth every year for the past five years," said Ed Gottleib, senior vice president of the bank.
March 19, 2000
Carroll County Bank-BB&T changeover is complete Branches of Carroll County Bank & Trust Co. are BB&T Corp. banks. Mason-Dixon Bancshares Inc., parent company of Carroll County Bank, was bought by BB&T of North Carolina last year. The switch was completed Friday. Carroll County Bank had branches in Westminster, Eldersburg, Mount Airy, Finksburg, Hampstead, Manchester, Taneytown and the Baltimore metropolitan area. Michael Oster, former chief executive of Carroll County Bank, is president of BB&T's Westminster-based Central Maryland region.
February 24, 1994
Carroll Bank employees complete trainingEd Miller, Judy Casey and Sharon Byron, employees of Carroll County Bank and Trust Co. in Westminster, have completed the Small Business Administration's Pro-forma Statement Training Program. Participants learned how the SBA views the preparation of an adjusted balance sheet to arrive at tangible net worth.Carroll County Bank and Trust has its headquarters in Westminster. The bank serves Carroll County through 11 branch offices.
June 9, 1994
Directors of Mason-Dixon Bancshares, parent corporation of Carroll County Bank and Trust Co., have declared a 34-cents-per-share dividend. The dividend, payable Wednesday, will be paid to stockholders of record as of June 3, 1994.The second-quarter dividend reflects an increase of 6.25 percent above the previous dividend paid.Earnings for the three months ending March, 31, 1994, totaled $1,850,994, an increase of 10 percent over the same period in 1993. Net income per share was $1.27, compared with $1.16 for the same period in 1993 (average shares outstanding of 1,454,634 and 1,452,134)