Investor Relations
Invest in a local bank that makes decisions locally and keeps deposits with the community working for the community.
West Shore Bank opened its doors in 1898 and we have been providing
our local economy the financial services important for our community’s
growth and prosperity for 120 years. With our business and mortgage
lending, we have helped customers fulfill their dreams of starting their own
business or buying their first home. It is through our investors that keeps
West Shore Bank as a strong financial partner to our many customers.
The Board of Directors and management are committed to providing our
surrounding communities a bank that makes decisions locally and keeps
deposits within the community working for the community.
Dividends
Since 1980, West Shore Bank (WSB) has continually been able to pay
cash dividends to our shareholders. Part of our success lies in the
fact that despite the many challenges facing our industry, we remain
profitable and well capitalized. Historically, community bank stocks like
West Shore Bank have provided reasonable investment returns over the
years. While we cannot predict the future, the Board and management
work diligently to provide a fair return over the life of your investment in
West Shore Bank.
TAKE PRIDE IN OWNERSHIP
If you are a shareholder of West Shore Bank but are not currently a
customer, we hope it is only a matter of time before you as a shareholder
fully recognize the benefits of aligning your banking relationship with your
investment. Being able to call you a customer, is our next goal. We strongly
believe that it is the shareholder who maintains their banking relationship
with their investment interest that ensures the success of the Bank.
Whether your interest lies in personal or business accounts, loans or even
help with your investments, we can help you with your needs.
ENHANCED SHAREHOLDER SERVICES
In an effort to increase share value and shareholder liquidity, West Shore
Bank has enhanced and expanded our shareholder services offered by
the Bank. Services offered include the following:
Dividend Reinvestment and Stock Purchase Plan
Through the Dividend Reinvestment and Stock Purchase Plan (DRIP),
West Shore Bank offers qualified shareholders the opportunity to
purchase additional shares of the Corporation’s common stock using
cash dividends and optional cash investments without paying any
brokerage commissions or service charges. The DRIP is only available to
shareholders who are registered holders of the Corporation’s common stock. Any registered shareholder may elect to participate in the Plan
by contacting the West Shore Bank Transfer Agent and completing the
required documentation.
Trade Desk
Although we are lightly traded on the market, the Board of Directors has
taken steps to ensure that West Shore Bank Corporation (WSBC) is able
to provide our registered shareholders with a better trading environment
for the buying and selling of our registered common stock. To accomplish
this, we positioned WSB as the Trading Desk to facilitate buy/sell
transactions for registered shareholders. In most cases, this is offered
at no cost to you.
Accessing the Trade Desk is very simple, if you desire to purchase
additional shares of West Shore Bank stock or have shares to sell, just call
the WSB Shareholder Relations Officer, Margaret Carney, at 231-845-3557
or email her at margaretc@westshorebank.com and she will acquaint
you with the process and most importantly facilitate and complete a
transaction on your behalf. Please note that there are no guarantees of
a sale or timeframe of a sale, but we will do our best to facilitate a sale in
the quickest manner possible.
Transfer Agent Services
West Shore Bank has appointed Continental Stock Transfer & Trust Company (CSTT) as its stock transfer agent and registrar. CSTT is responsible for maintaining all registered shareholder records and responding to inquiries of shareholders as well as processing transfers of West Shore Bank stock. CSTT has been in business for over 50 years, and is one of the nation's leading providers of securities processing and record keeping. By partnering with CSTT, West Shore Bank can offer self-service online resources, additional enhanced shareholder services
such as the DRIP Plan and Trade Desk, as well as continue to offer the same reliable services you have come to expect.
Please consider joining our bank as a shareholder, a deposit or loan customer, a business owner or an investor. You can get it all here! We offer a wide variety of services to help you with your needs.
Sincerely,
Raymond A. Biggs
President & CEO
West Shore Bank