FDIC Transaction Account Guarantee ProgramThe Felton Bank is participating in the FDICs Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDICs general deposit rules.
The Felton Bank was first chartered May 15,1908 as The First National Bank of Felton. The directors of The First National Bank of Felton recommended to the stockholders that they surrender their charter as a national bank and exchange stock for the stock of a bank and trust company chartered under the laws of the State of Delaware. This recommendation was made in view of state charter banks having more liberal privileges then those of national chartered banks. On March 22, 1917, by a Special Act of the General Assembly of the State of Delaware, the Felton Bank was incorporated.
Since its inception, the bank has provided banking services to the local Kent County community. A new building was built in 1986 to allow growth within the bank. In September 1993, the bank opened its first off site branch in the neighboring community of Milford, Delaware, which incorporates portions of Sussex County.
In April of 2004 we merged our holding company, Midstate Bancorp, Inc. into Shore Bancshares, Inc, and became a proud member of the
Shore Bancshares Family of Companies.
As a local community bank we are able to give our customers the individual attention that they deserve. Our employees take pride in getting to know our customers and in serving their needs as well as the needs of the community.
The bank offers a wide range of deposit accounts and loans. For more information, call our Felton Branch at (302) 284-4600 or our Milford Branch at (302) 424-4600.
Branches and additional offices:
(302) 284-4600120 W Main St Felton, DE 19943-7328
(302) 424-4600698 N Dupont Blvd Milford, DE 19963-1002