Bank of Georgetown (FDIC certificate 57941) was established in 2005 and operates through 11 branch offices located in District Of Columbia county in DC and Montgomery county in MD and Arlington and Fairfax, counties in VA. Mr. Michael P. Fitzgerald, Pres./CEO of Bank of Georgetown, leads a team of 104 employees.
Bank of Georgetown, headquartered in Washington, DC, is rated five stars for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. As a general rule, a five star rating indicates, among other things, that Bank of Georgetown has at least twice the capital that regulators require, is profitable (or operating with a very small loss) and has kept its delinquent loans in check.
Bank of Georgetown is a state chartered commercial bank and not a member of Federal Reserve. With $1 billion in total assets, the FDIC classifies the bank’s asset concentration as "Commercial Lenders" which is defined as institutions whose commercial and industrial loans, plus real estate construction and development loans, plus loans secured by commercial real estate properties exceed 25 percent of total assets.
Today's Featured Rate