Ocean City Home Bank is proud of its reputation for sound banking practices and community involvement. Whether reporting on our solid financial performance, releasing news of a food drive we support, or recognizing an employee for significant volunteer efforts, our Media Relations team is dedicated to distributing news of our business accomplishments, staff achievements, and charitable activities. The resulting press releases, newspaper clippings, and annual reports tell the story of a Bank that cares for its customers and its community.
The Birth of The Bank People Trust
1887 Home Building and Loan of Ocean City opens on Asbury Avenue in Ocean City.
1912 The company becomes incorporated.
1945 Home Building and Loan of Ocean City merges with Ocean City Building and Loan Association and becomes Ocean City Home Savings and Loan Association.
A Solid Foundation for Growth
1970 The company acquires Seashore Building and Loan.
1982 The Bank moves from 10th Street and Asbury Avenue to its current flagship location at 1001 Asbury Avenue in Ocean City.
1986 The Bank expands its service offshore, opening a new branch in Marmora.
Expansion Under a New Leader
1991 Steven E. Brady becomes the Bank’s President and Chief Executive Officer.
1994 The Bank expands into Atlantic County, establishing new branches in Linwood and Ventnor.
1997 The association switches to a federal charter and becomes Ocean City Home Bank.
1998 Ocean Shore Holding Company is formed and the Bank becomes its subsidiary.
1999 The Bank opens a new branch in Egg Harbor Township.
2001 The Bank expands once again with a new branch in Absecon.
Going Public – and Helping the Public
2004 The company completes its Initial Public Offering, issuing 8,762,742 shares of the company's common stock. 2004 The Ocean City Home Charitable Foundation is formed to support charitable causes within the Bank’s market areas and neighboring communities.
2005 The Ocean City Home Charitable Foundation awards its first set of grants, totaling $41,900.
The Growth Continues
2005 Ocean City Home Bank opens its seventh branch in Northfield.
2006 The Bank expands its service to the Absecon Island communities, opening a new branch in Margate.
2008 Ocean City Home Bank continues to expand throughout Atlantic County, opening its ninth branch in Mays Landing.
2009 The Bank completes its second step stock conversion, becoming a fully public company.
2009 Ocean City Home Bank continues to grow, opening a branch in Galloway Township.
2009 The Bank hosts the first annual Walk for the Wounded to honor and raise funds for injured soldiers and their families.
2011 Ocean City Home Bank purchases Egg Harbor City-based Select Bank and converts the Select Bank locations in Hammonton and Egg Harbor City to Ocean City Home Bank locations.
Cause for Celebration
2012 Ocean City Home Bank marks its 125th anniversary with a year of festivities and special promotions.
2013 Walk for the Wounded celebrates its 5th year on the Ocean City Boardwalk and the donation of more than $250,000 for returning soldiers since the first Walk.
2014 The Ocean City Home Charitable Foundation distributes a round of grants which brings the organization’s 10-year donation total to more than $1 million.
2016 Ocean City Home Bank is acquired by OceanFirst Bank