Chevy Chase Bank

Mainly concentrated around the Washington Metropolitan area, Chevy Chase Bank, a federal savings bank insured by FDIC since 1985, claims to be “The Leading Local Bank” for possessing the leading number of ATMs in the area. It changed to its present name in 1996, and moved to McLean from Chevy Chase.

Mainly concentrated around the Washington Metropolitan area, Chevy Chase Bank, a federal savings bank insured by FDIC since 1985, claims to be “The Leading Local Bank” for possessing the leading number of ATMs in the area. It changed to its present name in 1996, and moved to McLean from Chevy Chase.

Chevy Chase Savings and Loan Association founded by Saul in the year 1955, was in fact the name of the business concern in its earliest form. This financial organization was named after Chevy Chase in Maryland, where it was originally headquartered. Later in 1986, a year after the commercial organization had already become a Federal Savings Bank insured by the FDIC, it changed its name to Chevy Chase Bank, FSB.

It mainly operates in and around the Washington Metropolitan Area and is in fact owned and operated by the B.F. Saul Real Estate Investment Trust. Chevy Chase Bank has close to 250 banking locations in addition to nearly 1,000 cash machines (ATMs)around the Washington Metropolitan Area and even claims that it has the greatest number of ATMs in the area.

Providing real estate mortgages as well as services and products of consumer banking, form the major Chevy Chase Bank offerings in the financial markets. Circulating and lending residential mortgages to potential borrowers through its subordinate B.F. Saul Mortgage Company, a highly ranked mortgage originator in the Washington Metropolitan Area, the Chevy Chase Bank is also one of the large banking services provider in the region with total deposits amounting close to the USD 11 Million mark.

Services and products offered by Chevy Chase Bank.

Chevy Chase Bank provides a wide range of banking products and services to match the needs of the individual as well as commercial customers. Services and products of mortgages, loans, as well as investments are available with the Chevy Chase Bank. Customers can avail of all these services either in person or they can access all of these through the Online Banking services furnished by Chevy Chase Bank.

The Personal Banking products and services offered by Chevy Chase Bank.

Chevy Chase Bank Individual Checking Accounts.

There are different types of Individual Checking Accounts which are furnished by the Chevy Chase Bank to the potential consumers who apply for checking accounts.

The following personal checking accounts are available with Chevy Chase :

• Chevy Chase Bank Interest Checking Account
• Chevy Chase Bank No – Minimum Checking Account
• Chevy Chase Bank Free Direct Deposit Checking Account
• Chevy Chase Bank Automated Checking Account

The Checking Accounts provided by Chevy Chase Bank entitle the account holders to a host of services. These come with the advantage of unlimited access to one’s checking account through instruments like Online Banking, Telephone Banking, and the use of ATMs in order to check the available balances as well as to inspect all of the financial transactions that the account has been subjected to.

It also empowers the checking account holders to receive the bills for expenses incurred by them through the net in addition to making payments towards the same.

The account holders are allotted Free Chevy Chase Check Cards and Chevy Chase Platinum Visa® Credit Cards along with all of these accounts.

The Checking Accounts provided by Chevy Chase Bank provide added protection against personal line of credit and /or overdraft incurred by the account holder.

Chevy Chase Bank Savings Accounts.

The different types of Savings Accounts provided by Chevy Chase Bank to the consumers of its banking services who are interested in saving their surplus receipts for meeting their future requirements, are as follows :

Chevy Chase Bank Super Statement Savings Accounts are for those consumers who want to begin by depositing smaller sums but plan to increase their savings amount with time and as a result of the gradually increasing deposit want to earn higher rates of interest.

Chevy Chase Bank Young Savers Accounts are for the juvenile children. The parents of young children below the age of eighteen (18) can open these accounts to teach their wards to save early.

Chevy Chase Bank Super Money Market Accounts come with higher rates of interest for larger sums invested in addition to allowing the account holders to withdraw their money whenever they want to.

Chevy Chase Bank Premium Money Fund entitles the account holders to increased rates of interest with increasing balances in their accounts.

Chevy Chase Bank Platinum High Yield Savings Accounts are exclusively allotted to the customers of Platinum Banking Package customers. These type of savings accounts enable the account holders to access their individual accounts at all times of the day through the use of instruments like the Online Banking, Telephone Banking, and the use of ATMs.

Chevy Chase Bank Certificates of Deposit or CDs entitle the owners to much more higher interests at the cost of no risks on the part of the owner of the Certificates of Deposit issued by the bank.

Chevy Chase Bank Individual Retirement Accounts or IRAs assists those who are on the verge of retiring from their jobs to save for their retired lives.

Chevy Chase Bank 529 Plans help the students and the parents of the students in saving to finance their further education.

The Consumer Loans offered by the Chevy Chase Bank.

Chevy Chase Bank allows its consumers to borrow sums of money by lending them to meet their personal requirements under easy terms and conditions and at competitive rates of interest.

Every loan is lent by Chevy Chase Bank at rates which match with those offered elsewhere in the financial markets. Chevy Chase Bank also allows automatic reductions on the repayment of loans to those consumers who pay back at the end of every month through deductions from their Chevy Chase Bank Checking Accounts.

Chevy Chase Bank lends sums of money to borrowers under different types of Consumer Loan schemes.

• Chevy Chase Bank Automobile Loans
• Chevy Chase Bank Boat or Recreational Vehicle Loans
• Chevy Chase Bank Secured Fixed – rate Loans
• Chevy Chase Bank Unsecured Personal Loans
• The Personal Line of Credit for Overdraft Protection

Chevy Chase Bank Automobile Loans are given to consumers when they need finances to buy either new or used cars.

Chevy Chase Bank Boat or Recreational Vehicle Loans are meant for fulfilling the long cherished aspirations of the consumers of owning the automobile of their dreams.

Chevy Chase Bank Unsecured Personal Loans are offered to meet all the purposes that may be felt to be essential by the borrower.

Chevy Chase Bank Secured Fixed – rate Loans are meant to provide an alternative to the consumers regarding the payment of unanticipated expenses incurred by them by either using their credit cards or by drawing on their treasured savings.

The Personal Line of Credit for Overdraft Protection is issued by Chevy Chase Bank against any Chevy Chase Bank Checking Account to protect the customer from the troubles in case of the bouncing of any check written by the Chevy Chase Bank Checking account holder by entitling the account holder to an automatic loan extending upto the credit limit decided upon by him or her.

The different Insurance policies furnished by the Chevy Chase Bank to enhance the investments which are aimed at securing the financial future of their individual consumers.

The Chevy Chase Bank issues certain different insurance policies in the insurance markets with appropriate coverages. However, these different insurance policies issued by Chevy Chase Bank are commonly attached with affordable insurance policy coverages. Which implies that though these insurance policies come with attractive insurance policy coverages these in fact do not cost a fortune in the payment of the insurance premiums. To add to the features of the insurance policies mentioned above, it needs to be mentioned that the quotes and the coverages of the different types of insurance policies provided by the Chevy Chase Bank are negotiable and the agents and brokers can be consulted by the potential buyers of insurance policies to that end.

The several insurance policies on offer from the Chevy Chase Bank are the common insurance policies that are usually offered by the insurance providers.

• Chevy Chase Bank Long – Term Care Insurance policy is planned to provide protection to the insured consumers against events such as extensive medical care which need not be necessarily at the hospital, protection against the rising prises of everything, and assured renewal of the Chevy Chase Bank Long – Term Care Insurance policy at the completion of the term.
• Chevy Chase Bank Life Insurance policy are issued in collaboration with insure.com which is the U.S.’s leading insurance market portal to make things easy for the common customer. The customers are given the option to compare and contrast the insurance policy quotes offered by Chevy Chase Bank with those of other insurance policy providers and then they can make decisions about purchasing the Chevy Chase Bank Life Insurance policies. The consumers are allowed to purchase the insurance policies Online.
  A life insurance policy is very significant in securing the financial future of the dependents of the earning member in a family, in case anything happens to the earning member.
• Chevy Chase Bank Health Insurance policies are offered in collaboration with ehealthinsurance.com. This service is provided online to bring within a single portal, a wide range of health insurance policies offered by different health insurance providers in the U.S. As a result of which the respective consumers of health insurance policies can inspect in details all the quotes and coverages offered by different leading health insurance issuers and then decide upon the one that is most fitting for them.
• Chevy Chase Bank Disability Insurance policy
• Chevy Chase Bank Estate Conservation Insurance policy

The potential customers of insurance policies can complete the purchase of different insurance policies in person, through the internet or by calling Chevy Chase Bank over the telephone.

Chevy Chase Bank provided Commercial Banking services and products.

The various services and products are provided by the Chevy Chase Bank to cater to the different problems that are faced by the business concerns ranging from small businesses to the large sized multinational companies, besides other institutions and not-for-profit establishments.

These Chevy Chase Bank furnished services and products, bring together the experience of the banking professionals, employed with Chevy Chase Bank and their thorough perception of the market which are of invaluable assistance to the administration of such commercial organizations.

The Chevy Chase Bank employed financial professionals who are known as Relationship Managers basically offer customized advise regarding the necessities of any commercial organization in banking, investing, and also investing.

Chevy Chase Bank Commercial Account Options – The Chevy Chase Bank Commercial Account Options are furnished in order to ease the process of running and administering a commercial concern. The Commercial organizations can subscribe to the types of accounts that will fulfill the commercial needs of the particular commercial organizations.

The different types of Chevy Chase Bank Commercial Accounts available for the use of consumers are :

• Chevy Chase Bank Commercial Checking Account
• Chevy Chase Bank Zero Balance Account or ZBA
• Chevy Chase Bank Organizational Interest Checking Account
• Chevy Chase Bank Commercial Money Fund
• Chevy Chase Bank Automated Investment Sweep Accounts
• Chevy Chase Bank No – Minimum Checking Account

Chevy Chase Bank Commercial Cash Management – Chevy Chase Bank Commercial Cash Management Services are actually furnished to the all kinds of commercial organizations beginning from small businesses to large sized multinational companies, institutions as well as not-for-profit establishments in order to assist these in managing their own financial resources.

The Chevy Chase Bank Relationship Managers can be approached for consultation regarding the management of financial resources that can be of immense help to these companies in not only expanding the limits of their operations but also can make these companies self – sufficient in matters of finances.

The services in regard to the Chevy Chase Bank Commercial Cash Management are provided through the following services :

• Chevy Chase Bank Online Access services
• Chevy Chase Bank Online Delivery services
• Chevy Chase Bank Collection Services
• Chevy Chase Bank Payment or Disbursement Services
• Chevy Chase Bank Depository Services

Chevy Chase Bank Commercial Employee Services – Chevy Chase Bank Commercial Employee Services basically revolves around the Chevy Chase ProfessionalPlus banking services developed by the reliable and experienced professionals at the Chevy Chase Bank in order to reduce the worries of the employees belonging to any commercial business concern regarding the operation and management of their personal finances.

The business concerns that employ the services of a lot of employees are very much concerned about sustaining their employee base and in these kind of cases the Chevy Chase ProfessionalPlus banking services comes in handy as it takes the pressure off the shoulders of all the employees involving financial problems. As a result, the employees can work freely, being assured of the fact that their personal finances are being taken care of by reliable professionals as according to their personal requirements.

The most advantageous factor of the Chevy Chase Bank Commercial Employee Services, that is, Chevy Chase ProfessionalPlus banking services is that all of these do not cost the respective business concerns even a single penny.