Mission
Statement
Bank of Camden
is a community bank dedicated to provide the best banking and
investment experience with personal service in Benton County
Area. By providing these services, we hope to enhance the quality of life, promoting economic stability and growth for customers and
team members, as well as enhancing stockholders equity.
Our
History & Beyond
Bank of Camden
opened for business on February 28, 1931, with G. R. Allison,
President and Chief Executive Officer. The Bank was located on
the north side of the Court Square and later moved to 102 E.
Main Street where the Uptown Office is presently located. As
the bank grew, more locations were added for the convenience
of the community. The West End Drive-In branch was added in
May of 1972, and in October of the same year, a
full-service branch was opened in Big Sandy. The Uptown Office
was remodeled and enlarged in 1978. When the business
community began to expand along Hwy. 641, a modern,
full-service bank, including a Community Room, was erected and
opened for business in August 1995.
Mr. Allison continued to serve the Bank until February 28, 1951. Mr. J. V. Walker succeeded him as President and CEO on March 30, 1951, and functioned in this capacity until his retirement on February 11, 1964. Mr. Richard Hargis assumed the Presidency on that date and served until his death on January 25, 1980. At that time, Mr. J. W. Ward became the President and CEO. In March of 1989, Mr. Ward assumed the position of Chairman of the Board and CEO, and Mr. P. Stanley Medlin was elected President and Cashier. Upon Mr. Ward’s retirement on December 31, 1996, he retained the position of Chairman of the Board, Mr. Medlin became the President and CEO, and Danny Seaton was promoted to Executive Vice President and Cashier. After the death of Mr. Ward in 1998, Mr. Andrew Frazier, as oldest tenured director, was elected Chairman of the
Board.
Total assets for the Bank of Camden have grown from $56,895 at the end of 1931, to over $128,000,000 in 2000, with each year exceeding the growth of the previous year from 1997 to 1999, with projections showing an even better year for 2000. Not only have the assets grown, so have the services. In an effort to meet the ever-changing needs of the community, a trust department, an investment department, debit cards, and Internet Banking have been added.
In an age of increasing mergers,
use of computers and trend toward less personal interaction, the Bank of Camden continues to be your
highly capitalized, locally managed, home-operated bank, meeting the needs of
individuals, families, and businesses in the Benton County
Area. We pride ourselves on delivering quick local decisions
with a high level or personal attention.
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