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Applied Bank Announces the Opening of its New Full Service Branch Location

Wilmington, DE. January 13, 2015– Applied Bank today announced the opening of their new Bank branch location at The Applied Bank Center, 2200 Concord Pike in Wilmington, DE. This full service branch will offer a wide range of commercial and small business loans and services in addition to its many deposit products.

The very unique feature in this office is the public display of N.C. Wyeth’s 1910 painting He Turned and Faced the Rising Sun, The Light Full on His Face. Applied Bank believes that while their mission is to provide their customers with top quality responsive banking services, they are strong supporters of, and value the communities in which they work. This N.C. Wyeth painting and the Wyeth heritage is symbolic of, and a treasure of the region surrounding this new banking office.

Chairman and CEO, Rocco Abessinio, stated “We are excited with the opening of this new branch at this land mark location. We continue to grow because we are meeting the needs of all our customers and have built a reputation that is best defined in our motto- “Full Service, Safe, Sound and Secure Banking”. Our top regulatory ratings and our customers’ confidence in our Bank have proven this to be true.” Senior Vice President, Chief Lending Officer Bill Bromley added “We are making a big difference in providing the financial solutions that Delaware small businesses are looking for. Having been awarded the SBA’s Highest Dollar Volume lender again means we are dedicated to Delaware’s Small Business growth.”

About Applied Bank

Applied Bank is the top-rated bank for financial strength in the state of Delaware, by Weiss Ratings. The Bank has also consistently held the highest 5 star rating for Safety and Soundness from Bauer Financial and Bankrate.com. It has full service branch locations in Wilmington and Rehoboth Beach, Delaware. Applied Bank’s mission is to provide exemplary customer service while providing safe, sound and secure banking for its customers.

For Additional Information contact:

Matthew Lee, Vice President
Phone: 302-326-4200 x 29526