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.
Read more about this topic: Chevy Chase Bank
Famous quotes containing the words business and/or structure:
“After all, the chief business of the American people is business.”
—Calvin Coolidge (1872–1933)
“With sixty staring me in the face, I have developed inflammation of the sentence structure and definite hardening of the paragraphs.”
—James Thurber (1894–1961)