Business Structure
The bank's core business was residential mortgages and consumer banking; its mortgage subsidiary, the B.F. Saul Mortgage Company, was one of the leading mortgage originators in the region. As of December 31, 2007 it held $14.0 billion in deposits.
Chevy Chase Bank had more than 290 branches in Delaware, Maryland, Virginia, and the District of Columbia, and claimed to have the largest network of ATMs in the Washington area.
According to ABA routing information it was based in Laurel, Maryland, while the bank's headquarters offices were in downtown Bethesda, Maryland, at the corner of Wisconsin Avenue and East-West Highway. According to its FDIC certificate, the firm was headquartered in McLean, Virginia. This was before being acquired by McLean-based Capital One, not after.
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“The ways in which most men get their living, that is, live, are mere makeshifts, and a shirking of the real business of life,—chiefly because they do not know, but partly because they do not mean, any better.”
—Henry David Thoreau (1817–1862)
“I’m a Sunday School teacher, and I’ve always known that the structure of law is founded on the Christian ethic that you shall love the Lord your God and your neighbor as yourself—a very high and perfect standard. We all know the fallibility of man, and the contentions in society, as described by Reinhold Niebuhr and many others, don’t permit us to achieve perfection.”
—Jimmy Carter (James Earl Carter, Jr.)