Community Bank Delaware
Community Bank Delaware is a privately held, FDIC-insured community bank founded in 2006 that serves individual consumers and small-to-medium businesses in Sussex County, Delaware through four branches, offering deposit accounts, mortgages, consumer and commercial loans, merchant services, and digital banking.
- Company typePrivate
- Founded2006
- HeadquartersLewes, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Community Bank Delaware does
Community Bank Delaware is an FDIC-insured, privately held community bank founded in July 2006 by a group of local business owners in Sussex County, Delaware. The bank operates four branches in Lewes, Rehoboth Beach, Long Neck (Millsboro), and Seaford, serving individual consumers and small-to-medium businesses with a full suite of personal and commercial banking products. As of December 31, 2025, the bank reported $430 million in assets and is governed by a 9-member Board of Directors led by founder Alexander J. Pires Jr. (CEO and Chair) alongside President and Chief Lending Officer Wm. Jack Riddle.
The bank's product portfolio spans consumer deposit accounts (Mariner, Beachcomber, Beachcomber Plus, and Lighthouse checking; Safe Harbor, Sandpiper Student, High Tide Special savings; Sand Dollar money market; and Time Deposits/IRAs), consumer lending (fixed- and adjustable-rate mortgages, lot, construction, and single-close construction-to-permanent loans, home equity lines and installment loans, personal loans, and overdraft lines), and commercial banking (lines of credit, construction loans, long-term mortgages, SBA and USDA loans, agricultural loans, and business checking). Merchant services are delivered through a partnership with Mercantile Processing Inc. (MPI), and the Platinum Rewards Visa is issued through TCM Bank, N.A. The bank also holds a Maryland lending license (06-24066) and originates mortgages beyond Delaware.
Community Bank Delaware generates revenue primarily through interest income on its loan portfolio (net interest margin), supplemented by deposit account service fees, mortgage origination fees, and merchant processing residuals. Digital banking is delivered through FundsXpress/Apiture for online and mobile platforms, Fiserv for Remote Deposit Capture, and the Allpoint ATM network for surcharge-free cash access. Distribution is community-led: local decision-makers, a weekly radio show on WGMD, features on WRDE Coast TV, and sponsorships of over 70 local organizations support brand awareness and customer acquisition in Sussex County. The bank's go-to-market emphasizes personal service, local underwriting authority, and community involvement as the primary differentiation versus regional and national competitors.
Community Bank Delaware firmographics
Firmographics- Name
- Community Bank Delaware
- Legal name
- Community Bank Delaware
- Website
- https://communitybankdelaware.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Community Bank Delaware is a privately held, FDIC-insured community bank founded in 2006 that serves individual consumers and small-to-medium businesses in Sussex County, Delaware through four branches, offering deposit accounts, mortgages, consumer and commercial loans, merchant services, and digital banking.
- Ownership category
- akta.pro rank
Community Bank Delaware industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where Community Bank Delaware is headquartered
LocationHeadquarters
- HQ city
- Lewes
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Community Bank Delaware business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
Revenue model
- Interest Income: Revenue generated from interest on loans including commercial loans, mortgages, personal loans, and home equity loans. Core banking revenue stream.
- Deposit Account Fees: Monthly service fees on checking and savings accounts such as Beachcomber Checking ($8/month), Beachcomber Plus ($10/month), and various savings account maintenance fees
- Interest on Deposits: Interest paid to depositors on checking, savings, money market, and time deposit accounts at competitive rates
- Mortgage Origination: Fee income from originating residential mortgages including conventional, jumbo, construction, and lot loans
- Merchant Services: Revenue from credit card processing, POS systems, and payment solutions for business customers through MPI partnership
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Mariner Checking - Basic checking with no monthly fee |
| Subscription | Monthly | Beachcomber Checking - Interest-bearing with monthly fee |
| Subscription | Monthly | Beachcomber Plus Checking - Premium interest checking |
| Subscription | Monthly | Lighthouse Checking - Age 50+ account |
| Subscription | Monthly | Safe Harbor Savings - Standard savings account |
| Subscription | Monthly | Sand Dollar Money Market - Higher balance money market |
| Subscription | Annual | Time Deposits/IRAs - Fixed rate certificates |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Community Bank Delaware product offering
Product offeringCore offering
Community Bank Delaware is an FDIC-insured community bank headquartered in Lewes, Delaware, providing deposit accounts (checking, savings, money market, time deposits/IRAs), consumer and mortgage loans, and commercial banking services to individuals and small-to-medium businesses in Sussex County, Delaware. It operates four physical branch locations supplemented by online and mobile banking channels, with local decision-making on loans and deposit products.
Product overview
Community Bank Delaware operates as a community bank offering a unified portfolio of personal and business banking products. The personal banking suite includes checking accounts (Mariner, Beachcomber, Beachcomber Plus, Lighthouse), savings accounts (Safe Harbor, Sandpiper Student, High Tide Special), money market accounts (Sand Dollar MMA and Plus), and Time Deposits/IRAs with terms from 90 days to 5 years. Lending products span mortgages (fixed-rate, adjustable-rate, lot, construction, and single-close construction-to-permanent loans), home equity loans (lines of credit and installment loans), and personal loans. Business banking includes checking, savings, commercial loans (lines of credit, term loans, construction, SBA, USDA, and agricultural loans), merchant services, and Remote Deposit Capture. Digital banking is delivered through online and mobile banking platforms with accounting software integrations. The bank's four branches serve Sussex County, Delaware, with lending also available in Maryland.
Differentiator
Problem solved
Functional benefit
Products and services
- Mariner Checking
Companies that use Community Bank Delaware
Customer profileSegments2 records
Community Bank Delaware technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature3 records
Community Bank Delaware partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Mercantile Processing Inc. (MPI)corePartnership with MPI to provide comprehensive merchant services including credit card processing, POS systems, integrated payments with QuickBooks, eCommerce solutions, gift and loyalty programs, on-site ATMs, and payroll solutions for businesses of all sizes.
- TCM Bank, N.A.coreIssues Platinum Rewards Visa credit cards through TCM Bank, N.A., part of Independent Community Bankers of America. Card offers unlimited reward points with no annual fee for both personal and business customers.
- FundsXpresscoreProvides online banking platform technology enabling 24/7 account access, bill pay, and account management for personal and business customers.
- FiservcoreProvides Remote Deposit Capture technology allowing business customers to scan and deposit checks from their location using secure connection.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Community Bank Delaware competitors and assessment
Company assessmentDirect peers
- WSFS Financial Corporation: Wilmington, Delaware-based bank holding company operating WSFS Bank, the largest community-oriented bank in the Delaware Valley. Directly comparable as a Delaware-based community bank offering consumer and commercial banking with a similar relationship-led model, though at substantially greater scale.
- ACNB Corporation: Gettysburg, Pennsylvania-based community bank holding company serving south-central Pennsylvania and northern Maryland. Comparable as a community bank focused on relationship banking, mortgages, and commercial lending in the broader Mid-Atlantic region adjacent to Community Bank Delaware's footprint.
- FVCBankcorp (FVC Bank): Fairfax, Virginia-based community bank serving the greater DC and Mid-Atlantic markets. Comparable as a small community bank with consumer and commercial banking plus mortgage lending, competing for similar deposit-rich demographic profiles.
- Shore Bancshares (Shore United Bank): Easton, Maryland-based bank holding company for Shore United Bank serving the Delmarva Peninsula. Comparable as a mid-Atlantic community bank with consumer and commercial banking, overlapping geography and competing for small-business and mortgage customers in Sussex-adjacent counties.
Broad incumbents
- Citizens Financial Group: Providence, Rhode Island-based large regional bank with significant Mid-Atlantic branch presence including Delaware. Compares as a broader incumbent offering a similar consumer/commercial product set competing for the same deposit and small-business customers as Community Bank Delaware.
- Capital One Financial Corporation: McLean, Virginia-based large bank with significant retail and small-business banking presence in Delaware and the Mid-Atlantic. Comparable as a larger incumbent competing for similar consumer deposit, mortgage, and SMB banking customers in the same Sussex County market.
- PNC Financial Services: Pittsburgh-based large super-regional bank with strong Delaware and broader Mid-Atlantic retail branch presence. Comparable as a larger diversified incumbent offering consumer, mortgage, and commercial banking products and competing for deposit and small-business share in Sussex County.
- M&T Bank Corporation: Buffalo, New York-based large super-regional bank with substantial Mid-Atlantic operations following the People's United and Wilmington Trust integrations. Comparable as a broader incumbent competing directly with Delaware community banks for retail, mortgage, and small-business relationships.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Community Bank Delaware compliance and trust
Trust signalCompliance4 records
Community Bank Delaware financial estimates
Financial estimateRevenue estimate
Valuation estimate
Community Bank Delaware leadership team
Management profileNumber of profiles
Community Bank Delaware funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Community Bank Delaware M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Community Bank Delaware
What does Community Bank Delaware do?
Community Bank Delaware is an FDIC-insured community bank headquartered in Lewes, Delaware, providing deposit accounts (checking, savings, money market, time deposits/IRAs), consumer and mortgage loans, and commercial banking services to individuals and small-to-medium businesses in Sussex County, Delaware. It operates four physical branch locations supplemented by online and mobile banking channels, with local decision-making on loans and deposit products.
Is Community Bank Delaware a public or private company?
Community Bank Delaware is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Community Bank Delaware founded?
Community Bank Delaware was founded in 2006. It employs 11 to 50 people.
Where is Community Bank Delaware based?
Community Bank Delaware is headquartered in Lewes, United States, in the North America region.
How does Community Bank Delaware make money?
Five revenue lines are on record. Interest Income is the primary driver. The others are deposit Account Fees, interest on Deposits, mortgage Origination and merchant Services.
Who are Community Bank Delaware's main competitors?
Direct peers on record are WSFS Financial Corporation, ACNB Corporation, FVCBankcorp (FVC Bank) and Shore Bancshares (Shore United Bank). Broad incumbents are Citizens Financial Group, Capital One Financial Corporation, PNC Financial Services and M&T Bank Corporation.
Does Community Bank Delaware have an API?
No public API is recorded for Community Bank Delaware.
What industry is Community Bank Delaware in?
Community Bank Delaware's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 522110 and its SIC code is 6022.