Chevy Chase Bank

A federal thrift in the United States, Chevy Chase Bank is a privately held financial institution with headquarters in Baltimore-Washington Metropolitan Area. The financial service company is under the control of B.F. Saul Real Estate Investment Trust. It was founded in 1955 in Chevy Chase, Maryland known as Chevy Chase Savings and Loans Association. Its current name, Chevy Chase Bank, FSB was adopted in 1994. Two years after that, it transferred its headquarters to McLean, Virginia.

Chevy Chase Bank is a federal savings bank subject to regulations by an agency of the US Department of the Treasury which is the Office of the Thrift Supervision. Its core business is consumer banking and residential mortgages. This core business is done for the benefits of its customers which are situated in the states of Maryland, Virginia, Delaware and the District of Columbia. They have over 250 branches in the mentioned states and have over a thousand ATM’s with biggest concentration in the Washington area.

Chevy Chase Bank’s retail banking division offers the traditional banking products and services such as savings accounts and certificate of deposits. Although, it is a federal savings bank, its can also provide checking accounts for its client base as well as Chevy Chase Check Card for customers who have checking accounts.

Moreover, Chevy Chase Bank may also offer its personal clients with lines of lending services. It can provide home equity, mortgages and consumer loans. It can also provide other kinds of financial products such as credit, gift card, and gift cheques.

Chevy Chase Bank can also cater to clients who want to procure international and traveling financial products and services. It can supply this kind of clients with American Express traveler’s cheques; American Express foreign currency traveler’s cheques and foreign currency transactions.

Meanwhile, small businesses can get the banking and financial needs from Chevy Chase Bank. The financial firm can provide this type of clients with bank account options; business check card; credit cards and borrowing needs. It can also provide its business clients with services that could assist businesses in payroll activities as well as providing bank accounts for the businesses’ employees.

Chevy Chase Bank can provide high net worth individual clients and small businesses with the highest level of banking needs. The private banking segment of the financial firm can help wealthy personal clients with the necessary banking needs for the build up of wealth; asset preservation and financial and tax management services. The private banker of Chevy Chase Bank can also help rich individual clients with the banking services, borrowing needs and investment management. It may also assist this kind of clients in their businesses, retirement plan and custody of assets for legacy.

On the other hand, different financial services can be provided by Chevy Chase Bank for small business clients who opt for private banking services. Business clients who wish to avail of personalized financial services from the financial firm can choose from a variety of financial products and services currently offered by Chevy Chase Bank. These can include: business investment services; employee retirement plans; group insurance products and employee banking services.

Clients of Chevy Chase Bank can avail of the financial services of the bank through its branches and ATM’s. Likewise, it is also possible for individual and small business clients to attain bank transactions by logging in at Chevy Chase Bank online banking.

Separate Chevy Chase Bank online banking systems is offered for individual and small business customers because of varied banking needs. Generally, clients can access to their bank accounts, can make fund transfer conveniently and can enable clients to pay their due to the bank. Some features may also be integrated for the convenience of the bank’s clients.

Chevy Chase Bank can provide other types of financial services and products. Some of them can be availed through the financial firm’s subsidiaries. Detailed information about Chevy Chase Bank financial offers can be found on its website on the net. It may also link clients to its online banking systems.