Chain Bridge Bank

Chain Bridge Bank, N.A. is a boutique commercial bank founded in 2007 and based in McLean, Virginia.[1] Chain Bridge's clients include advocacy and campaign groups,[2] and the bank was reported to have 337 million dollars in assets as of 2015.[2] The Washington Business Journal described it as "the community bank of choice for conservative political campaigns."[3]

History

Chain Bridge was founded by Peter Fitzgerald, who previously served in the United States Senate as an Illinois Republican.[2][4] Fitzgerald is the son of Gerald Fitzgerald, who was chairman of Chicago's Suburban Bancorp which was sold to Bank of Montreal in 1994 for $246 million.[5] The Fitzgerald extended family has managed or founded around 57 community banks since the 1940s.[5]

Leadership

Sam Schreiber, president.[6][7]

See also

Unintimidated (PAC)

References

  1. ↑ "Peter Fitzgerald: Ex-senator's tiny bank doing business the old-fashioned way". tribunedigital-chicagotribune.
  2. 1 2 3 Kristin Broughton (9 March 2015). "Union-Owned Bank to Mine Political Data, Target Liberal Customers". American Banker.
  3. ↑ "Chain Bridge dives into the mortgage business". Washington Business Journal. 28 September 2012.
  4. ↑ Thomas Heath (27 March 2015). "The long odds of starting a local bank: Recession, interest rates deplete ranks". Washington Post.
  5. 1 2 "Peter Fitzgerald has an old-fashioned approach to banking". fortune.com. May 13, 2009.
  6. ↑ Chain Bridge Bank (16 January 2014). "Chain Bridge Bank Names Sam Schreiber President". prnewswire.com.
  7. ↑ "From big to small, Sam Schreiber plans for growth at Chain Bridge Bank". Washington Business Journal. 26 September 2014.

External links

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