85 Years and Focused on the Future
In April 2001, in celebration of our 85th anniversary, Bank of Ocean City held a Scholarship Contest for
2nd 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 |
| Fund Value as of: |
December 31, 2008 |
$1,318.22 |
| Fund Value as of: |
December 31, 2009 |
$1,358.31 |
| Fund Value as of: |
December 31, 2010 |
$1,399.61 |
|
