Who owns chevy chase bank




















The integration of Chevy Chase and the continued growth of our banking businesses is our highest priority. I am personally very pleased that we will be bringing onboard a bank of this caliber in our own backyard. Capital One is a diversified bank with locations primarily in New York, New Jersey, Louisiana, and Texas offering a broad spectrum of financial products and services to consumers, small businesses and commercial clients.

Chevy Chase is the largest locally-based banking company in the Washington metropolitan area. A federally chartered savings bank, Chevy Chase was founded in by B. I am confident that in joining forces with Capital One we will maintain and build upon that core philosophy.

Together we'll have more to offer customers, employees, and communities across the Washington, D. Chevy Chase shares our commitment to the development of the communities where we live and work and we will continue their tradition of strong community engagement as a combined company.

Additionally, we have been incredibly impressed with Chevy Chase's management and operations, including their robust technology platform. Community Banking. Credit unions. Log In. Citigroup Inc C. N were also bidding for closely held Chevy Chase Bank, according to sources familiar with the matter. In good times, banks often pay more than 20 cents. So Capital One is paying less than it would have likely paid in , but evaluating whether 16 cents is reasonable in this environment is difficult given the scarcity of comparable deals and the uncertain economic outlook, analysts said.

Indirect holdings may exist via mutual fund investments. HW reporters and writers follow a strict disclosure policy, the first in the mortgage trade. The FHA this week moved to provide updated guidance to its manufactured housing loan program, essentially streamlining the process for lenders.

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