Community Back Delaware has marked another milestone with the opening of its new Rehoboth Beach branch. The board of directors, officers and staff hosted an open house May 25 with a ribbon cutting to officially open the site.
Started in an old Lewes gas station in 2006 by a group of local business people, the bank soon opened its headquarters at the intersection of Kings Highway and Route 1. A Rehoboth branch along Route 1 opened in 2007. The Lewes headquarters building underwent a major expansion project, which was completed in January 2019. Governed by a board of 11 directors, the bank has more than $225 million in assets. Alex Pires is Community Bank Delaware CEO.
President Jack Riddle said the previous Rehoboth branch on the other side of Route 1 has been closed. “We simply outgrew it,” he said.
The bank, located at 30099 Veterans Way off Route 1, is open 8:30 a.m. to 5 p.m., Monday-Thursday, 8:30 a.m. to 6 p.m., Friday, and 8:30 a.m. to noon, Saturday. Phone 302-226-3333 for more information.