Chevy Chase Bank
Defunct American banking company / From Wikipedia, the free encyclopedia
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Not to be confused with Chase Bank or Chevy Chase Bank and Trust Company.
Chevy Chase Bank, F.S.B. was the largest locally based banking company in the Washington Metropolitan Area.[3] It was acquired by Capital One in February 2009, and rebranded as Capital One Bank in September 2010. Despite its name, Chevy Chase Bank was a federally chartered thrift regulated by the Office of Thrift Supervision, rather than a bank.
Quick Facts Company type, Founded ...
Company type | Private |
---|---|
Founded | 1955; 69 years ago (1955) |
Founder | B. F. Saul II |
Defunct | September 10, 2010; 13 years ago (2010-09-10) |
Fate | Acquired by Capital One |
Successor | Capital One (known as Capital One Bank) |
Headquarters | , |
Number of locations | 292 (Jun. 30, 2008)[1] |
Area served | Washington Metropolitan Area |
Total assets | $18.3 billion (Mar. 31, 2009)[2] |
Number of employees | 4,381 (Dec. 31, 2007)[2] |
Website | www.chevychasebank.com |
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It was formerly held and controlled by the B. F. Saul Real Estate Investment Trust; B. Francis Saul II, who founded the REIT and is the grandson of the founder of the B. F. Saul Company, served as its chairman.[4]