- Business
- Old Harbor Bank (NASDAQ: OHBK) operates as a community-focused commercial bank providing a range of banking products and services to individuals, small and medium-sized businesses, and local organizations primarily in the southeastern United States. The bank offers deposit products including checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and individual retirement accounts; lending products such as commercial real estate loans, commercial and industrial loans, construction and development loans, residential mortgages, and consumer installment loans; and additional services encompassing online banking, mobile banking, remote deposit capture, debit and credit cards, merchant services, and cash management solutions. Founded in 2009 and headquartered in Coastal Georgia, the bank maintains a network of branches across Georgia and South Carolina, targeting retail, commercial, and small business customers in its regional markets. In recent developments, Old Harbor Bank completed a strategic merger with a regional financial institution in early 2025, expanding its branch footprint and deposit base by over 20%; launched a new digital lending platform to streamline small business loan approvals; and announced a partnership with a leading fintech provider for enhanced cybersecurity services amid rising digital banking adoption. These initiatives reflect the bank's ongoing commitment to growth through technology integration and geographic expansion while maintaining its community banking model.