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FINANCIAL | Retail Banking
bankofgeorgetown.com

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Founded Year

2005

Stage

Merger | Merged

Total Raised

$32.97M

Valuation

$0000 

About Bank of Georgetown

Bank of Georgetown is a Washington, D.C. chartered community bank with branches in Georgetown, Friendship Heights, Penn Quarter, at Connecticut and L, at Franklin Square, in the Courthouse area of Arlington, Virginia, and in Bethesda, Maryland. The bank specializes in helping local organizations with their banking needs by delivering competitive loan, deposit and cash management products and services. All Bank of Georgetown associates are experienced banking professionals dedicated to premier customer service.

Bank of Georgetown Headquarter Location

1054 31st Street NW Suite 18

Washington, DC, 20007,

United States

202-355-1200

Latest Bank of Georgetown News

United Bankshares, Inc. Completes Its Acquisition of Bank of Georgetown

Jun 6, 2016

United Bankshares, Inc. Completes Its Acquisition of Bank of Georgetown June 06, 2016 07:50 AM Eastern Daylight Time WASHINGTON & CHARLESTON, W. Va.--( BUSINESS WIRE )--United Bankshares, Inc. (NASDAQ: UBSI ) announces the completion of its acquisition of Bank of Georgetown, a privately held community bank headquartered in Washington, D.C. This marks the 30th acquisition United has completed and strengthens its position as the largest community bank headquartered in the nation’s capital. Today, the former Bank of Georgetown branches reopened as United Bank. “This transaction has been excellent for our company, as it increases our market presence in the Washington, D.C. area and takes us into new neighborhoods such as Georgetown and the U Street Corridor,” states Richard M. Adams, United’s Chairman of the Board and Chief Executive Officer. “We are happy to provide expanded banking services and a larger branch network to Bank of Georgetown customers, all while they will continue to see the same faces with whom they have built a banking relationship over the years.” “This is certainly an exciting day for Bank of Georgetown,” states Michael P. Fitzgerald, Chairman, President and CEO of Bank of Georgetown. “United Bank is a first-class organization and we look forward to being a part of the largest and best community bank in the Washington Metropolitan Area.” As a result of the acquisition, Michael P. Fitzgerald will join United Bankshares, Inc.’s Board of Directors as its newest member, as well as serve as Vice Chairman of United’s Virginia chartered bank, United Bank. In addition, Michael M. McCarthy will become a member of United Bank’s Board of Directors. United Bankshares, Inc. now has approximately $14 billion in assets with 133 full service offices in Virginia, West Virginia, Pennsylvania, Maryland, Ohio, and Washington, D.C. United is one of only two banking companies in the nation to have increased its dividend to shareholders for 42 consecutive years. Based upon market capitalization, United is ranked the 41st largest banking company in the USA. United Bankshares, Inc.’s stock is traded on the NASDAQ Global Select Market under the quotation symbol " UBSI ".

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