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

Shoveling. Snow. Saints!

The last eight days have truly been the stuff of legends!  First, the snow on Friday!  As many of you know, I was born and raised in Alexandria, VA.  Aside from the four years that I served in the Army, I've spent roughly 32 years of my life in the familiar surroundings of traffic, traffic and more traffic.  That being said, I have NEVER EVER seen anything like this.  One could make the argument that there was the blizzard of '96...but I was still in Georgia at the time so technically, this is a first for me.  I gotta say, I love snow.  Not the shoveling, but the sound of snow falling; so quiet, so serene.  Truly a thing a beauty...and the fact that I missed several days of work because of it doesn't hurt.  I also didn't miss the fact that we lost approximately 20 hours of power in the first 48 hours of said snow storm.  Honestly, I didn't mind it so much.  We lost power at 10PM which conveniently became bed time!  You'd be amazed at how tired you suddenly feel...
1 comment
Read more

R.I.P. Etta James Dead At 73, Loses Battle With Leukemia

Damn.     Sent to you by tony via Google Reader:     R.I.P. Etta James Dead At 73, Loses Battle With Leukemia via Bossip by Bossip Staff on 1/20/12 R.I.P. Etta James, whose assertive, earthy voice lit up such hits as "The Wallflower," "Something's Got a Hold on Me" and the wedding favorite "At Last," has died, according to her longtime friend and manager, Lupe De Leon. She was 73. She died from complications from leukemia with her husband, Artis Mills, and her sons by her side, De Leon said. She was diagnosed with leukemia in 2010, and also suffered from dementia and hepatitis C. James died at a hospital in Riverside, California. She would have turned 74 Wednesday. " This is a tremendous loss for the family, her friends and fans around the world," De Leon said. "She was a true original who could sing it all — her music defied category. More On Bossip! Twit Pics Of The Day: Rihanna Toots That Thang Up In A White Bikini An...
Post a Comment
Read more

Nation's Blacks Creeped Out By All The People Smiling At Them

Once again, the Onion does not disappoint.     Sent to you by tony via Google Reader:     Nation's Blacks Creeped Out By All The People Smiling At Them via The Onion on 2/16/09 WASHINGTON—"Obama gives a speech and it's like my team just won the Super Bowl. I didn't even vote for him. I'm a Libertarian," said Chicago native Jarell Brown.     Things you can do from here: Subscribe to The Onion using Google Reader Get started using Google Reader to easily keep up with all your favorite sites    
Post a Comment
Read more