Who took over Chevy Chase Bank?

Who took over Chevy Chase Bank?

Capital One Financial Corp.
Capital One Financial Corp. (COF) announced Thursday it has agreed to acquire Maryland-based Chevy Chase Bank for $520 million. The purchase will add Chevy Chase’s $11 billion in deposits to Capital One’s balance sheets.

Is Chevy Chase related to JP Morgan Chase?

They are unrelated entities. Chevy Chase Bank was headquartered in Chevy Chase. Maryland (i.e. the “namesake” of the actor Chevy Chase) , and was acquired by Capitol One Bank in 2010.

Who owns Chase Manhattan Bank?

JPMorgan Chase
J.P. Morgan Equity Holdings, Inc.
Chase Bank/Parent organizations
The bank’s current form is built on the foundations of more than 1,200 predecessor institutions, including J.P. Morgan & Co., The Chase Manhattan Bank, Bank One, and many others. 2 Today, JPMorgan provides consumer banking, investment banking, commercial banking, asset management, and other services.

Does Chevy Chase own a bank?

was the largest locally based banking company in the Washington Metropolitan Area. It was acquired by Capital One in February 2009, and rebranded as Capital One Bank in September 2010….Chevy Chase Bank.

Chevy Chase Bank headquarters in 2008
Successor Capital One (known as Capital One Bank)
Headquarters Bethesda, Maryland , United States

Is Chase owned by Capital One?

Capital One Financial Corp. Capital One, of McLean, Va., was among several institutions to look at closely held Chevy Chase, which has $15.5 billion in assets and 244 branches in the Washington market. …

Is Chase bank owned by Chevy Chase?

Despite its name, Chevy Chase Bank was a federally chartered thrift regulated by the Office of Thrift Supervision, rather than a bank….Chevy Chase Bank.

Chevy Chase Bank headquarters in 2008
Fate Acquired by Capital One
Successor Capital One (known as Capital One Bank)
Headquarters Bethesda, Maryland , United States

Is Chase better than Capital One?

Capital One is a great choice for you if you value high interest rates and fee-free bank accounts, but don’t mind limited branch accessibility. Chase, on the other hand, may be perfect for you if you’re looking for banking perks like sign-up bonuses, branch accessibility and various account options.

Why should I bank with Chase?

One of the best parts about banking with Chase is that they offer literally everything. From checking and savings to credit cards to mortgages and other loans, you’ll find it all here. If you want to streamline your finances by having all of your accounts, loans, and cards with the same company, Chase is worth a look.