Skip to main content

Capital One to Buy Chevy Chase Bank

Ahhhh, my bank!!!

 
 

Sent to you by tony via Google Reader:

 
 

via WAMU: Local News on 12/3/08

Capital One Financial Corporation is buying Chevy Chase Bank in a cash and stock transaction valued at about $520 million.

Capital One says the acquisition will give it the largest network of branches and ATM machines in the Washington area. Chevy Chase Bank has more than $14 billion in assets, with 250 branches and more than 1,000 ATM machines in Maryland, Virginia and D.C.

Chevy Chase says customers can continue to do their banking as usual. There are no immediate changes to services or branches.

The deal is expected to close in the first quarter of 2009. Chevy Chase Trust Company is not included in the sale.

Rebecca Blatt reports...


 
 

Things you can do from here:

 
 

Comments

Anonymous said…
That's all we need....bigger banks to fail and/or screw over John Q. Public.
1:31 PM
Post a Comment

Popular posts from this blog

Bald is Beautiful

 T his video has all of the feels! @eva_barilaro After months growing my ##hair for the first time in 10 years I had to ask my ##boyfriend to ##shave my ##head again... first time was my granddad. ♬ Just the Way You Are - Boyce Avenue
Post a Comment
Read more

White House says it is creating 'very large' dossier on Washington Post journalist and others.

    This is not okay.   For the record, I hate the phrase "This is not okay", but this is NOT okay.  To be fair, I'm certain that he's not the first POTUS to create dossiers on, well, anyone.  But this is an intimidation tactic, plain and simple.  I mean, POTUS is pretty fucking lazy, so there may not be any dossiers.        'Cept, his folks will have to do whatever he tells them to do either because it's their job or because of the allure of power...and maybe out of some sick form of civic duty.        As if gathering info of journalists in order to shut them up is patriotic.        Last I checked, it was the very antithesis of the American way .      November 2nd can't get here soon enough.         This is not a myth, POTUS.
Post a Comment
Read more