Capital One rebranding Chevy Chase Bank branches

MyBankTracker

By , Staff Writer
Posted on Tue May 18, 2010, Last Updated on Tue Jul 15, 2014

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The nearly 300 Chevy Chase bank branches located in the Mid-Atlantic region are undergoing a full-scale facelift.

Capital One, which purchased Chevy Chase Bank more than one year ago, is in the process of rebranding the bank’s physical locations as Capital One branches.

Capital One rebranding Chevy Chase Bank branchesCustomers won’t see changes until September

Because Chevy Chase has such a large number of branches, Capital One is starting with the basics: The bank is replacing entire Chevy Chase Bank signs with Capital One signs but leaving a Chevy Chase cover over the signage. When all of the branches have been converted (September), the new Capital One signs simultaneously will be unveiled.

The physical change will come at the same time as the conversion of Chevy Chase Bank’s system to Capital One’s system. Capital One did not release any plans to close or open more Chevy Chase Bank branches.

Consumers should not see too much change as a result of the system swap. According to the Washington Business Journal, the biggest alteration will be the changing of a few customers’ account numbers.

Capital One announces new regional leadership, positive numbers

Capital One reported Monday that more people paid off their credit card bills in April than in March. The company said April’s credit card delinquency rate was 5.07%, down from 5.30% in March. Charge-offs, which are uncollectible loans that are written off, fell to 9.68% from 10.87% one month earlier.

Capital One also announced its decision to make Adam Ostrach its market president of the Washington, D.C., area. Tony Pica was named market president for northeast Maryland, which includes the Baltimore area. Both were previously working for Capital One in New York.

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  • Chmash

    Thought I’d give Capital One a chance and they are nothing like Chevy Chase. They have already added an unauthorized person who I don’t even know to my bank account. Didn’t find out until I received the statement. This was done in a branch office I have never even been to and I have no idea who this person is that they added. and it was done by one of their managers. NO QUALITY CONTROL, And I’m assuming they are not keeping up with Federal Security and Privacy Regulations either.. DO NOT Put your money here and if it’s already here remove it.. FAST!