In April 2001, in celebration of our 85^th anniversary, Bank of Ocean City held a Scholarship Contest for 2^nd grade students of all area elementary schools. The essays were written on the subject, "What I think the world will be like 10 years from now."

All essays received by April 30, 2001 were locked in a Safe Deposit Box (Time Capsule) at the bank's main office. The Time Capsule will be opened in April 2011 and the essays will be judged for accuracy as to what the world is really like at that time.

At the time of the judging, the winner must be a resident of Worcester or Wicomico counties in Maryland or Sussex county in Delaware to be considered. The winner must be accepted, or enrolled, in college in April 2011 as the prize will be awarded in the form of a scholarship. All attempts will be made to locate and contact the winner and parents of the winner.

The awarded scholarship will be the value of a fund that was established in April 2001 in the amount of $1000, and managed for growth by a designated trust officer from the bank.

	Original Fund Value	$1,000.00
Fund Value as of:	December 31, 2001	$1,030.52
Fund Value as of:	December 31, 2002	$1,071.13
Fund Value as of:	December 31, 2003	$1,101.86
Fund Value as of:	December 31, 2004	$1,135.49
Fund Value as of:	December 31, 2005	$1,178.96
Fund Value as of:	December 31, 2006	$1,226.98
Fund Value as of:	December 31, 2007	$1,277.11