Chevy Chase Bank is a subsidiary of Capital One Financial Corporation. It was founded in the year 1969 by Mr. B. Francis Saul II. Chevy Chase Bank started its business in trailer located at the site of the Bank’s former headquarters which was situated on the Connecticut Avenue. Chevy Chase Bank was very popular among its customers because they get more value than they can earn at any place else. Chevy Chase Bank acquired Gibraltar Savings and Loan in 1975 broadening the Bank’s scope to include the Silver Spring, Maryland, area. Chevy Chase Bank then acquired its major competitor in 1982 who was known for its sound management and innovative products acquired Government Services Savings and Loan. In 1984 Chevy Chase Bank acquired B.F. Saul Mortgage Company, a leading originator of home mortgage loans. The bank kept on expanding its business throughout the 1990’s and 2000’s and in the February of 2009, Chevy Chase bank itself was acquired by Capital One Financial Corporation. Chevy Chase Bank now has 1,000 branches and over 2,000 ATMs in New York, New Jersey, Maryland, Virginia, Washington, D.C., Louisiana and Texas. Chevy Chase Bank was integrated into the Capital One family of companies by merging in and with Capital One, N.A.

It is basically a local bank. Therefore its advertising was always to suit the local market. The advertising mascot of the Chevy Chase bank was Benjamin Franklin’s portrayal. It used to advertise itself using the tagline the leading local bank. The bank offers a variety of services to its customers. But their major businesses are mortgages and also consumer banking. It offers commercial banking services as well. When it comes to dealing with the Chevy Chase Bank, they provide you with the best services and the courtesy which makes you come back to them again. In the commercial banking area they offer the following services commercial real estate, government contracting, government financial services, not for profit banking, cash management services, disbursement and depository accounts, corporate banking, checking accounts, credit cards, private banking, alternative investment accounts and commercial checking investment accounts. They have designed the checking accounts to serve a special part of their clients. They are targeted to the middle to large sized companies.

Chevy Chase Bank tries to bring the best services to its customers. With the advancement of technology every thing is going online. Therefore Chevy Chase Bank has also gone online. It is providing online services to its customers. People are always worried about using online stuff because of the security reasons. They always have doubts that their identities may be stolen and they may be misused. So to ensure this, Chevy Chase Bank has employed a very strict security system for its online network. The best part is that they have instructions and guidelines on their website for their customers about using the online services. They are guiding their customers how to make sure that they are safe on the internet. They are properly educating their customers. This attitude builds trust in the customer. They feel that they are being treated well and that they are of some worth to the organization and that the organization also values them and consider a customer’s problem as their own. So if you are following their guidelines what is a more convenient way of accessing your accounts. From the comfort of your home all you have to do is turn on your computer and log on to their website to use the required service safely. They also make sure that the staff they are employing is equally mannered and respectful to the customer. Enjoy banking with Chevy Chase Bank!