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Chevy Chase Bank, F.S.B. was the largest locally based banking company in the Washington Metropolitan Area. [3] It was acquired by Capital One in February 2009, and rebranded as Capital One Bank in September 2010.
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In February 2009, Capital One acquired Chevy Chase Bank for $520 million in cash and stock. [44][45][46][47] In January 2011, Capital One acquired Canada-based Hudson's Bay Company 's private credit card portfolio from GE Financial.
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List of bank mergers in the United States This is a partial list of major banking company mergers in the United States.
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The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs across 11 southeastern states and Washington, D.C. [3] The bank's primary businesses included deposits, lending, credit cards, and trust and investment services.
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