Chesapeake Bank

Last updated

Chesapeake Bank, founded in 1900, is a community bank based in Kilmarnock, Virginia. The bank was originally created as Lancaster National Bank. [1] (of Lancaster, Virginia) and later merged with Chesapeake Banking Company of Lively in 1968 to become Chesapeake National Bank [2] . In 1994, Chesapeake National Bank dropped the "National" from its name, and has been known ever since as "Chesapeake Bank". [3] It is not to be confused with the Baltimore-based Chesapeake Bank of Maryland.

Contents

Service Region

Chesapeake Bank currently operates in the following areas of Virginia — the Northern Neck, Middle Peninsula, Greater Williamsburg area, and Richmond [4] . The bank will expand into Chesterfield in May 2020 [5] .

Lines of Business

In addition to the traditional banking business, Chesapeake Bank also operates secondary lines of business [6] , Chesapeake Wealth Management [7] , Chesapeake Payment Systems [8] , and Cash Flow [9] divisions.

Notes

Related Research Articles

Rappahannock County, Virginia U.S. county in Virginia

Rappahannock County is a county located in the Commonwealth of Virginia, US. As of the 2010 census, the population was 7,373. Its county seat is Washington. The name "Rappahannock" comes from the Algonquian word lappihanne, meaning "river of quick, rising water" or "where the tide ebbs and flows."

Poquoson, Virginia Independent city in Virginia

Poquoson, informally known as Bull Island, is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 12,150. The Bureau of Economic Analysis combines the city of Poquoson with surrounding York County for statistical purposes.

Lancaster County, Virginia U.S. county in Virginia

Lancaster County is a county located on the Northern Neck in the Commonwealth of Virginia. As of the 2010 census, the population was 11,391. Its county seat is Lancaster.

Tappahannock, Virginia Town in Virginia, United States

Tappahannock is the oldest town in Essex County, Virginia, United States. The population was 2,375 at the 2010 census, up from 2,068 at the 2000 census. Located on the Rappahannock River, Tappahannock is the county seat of Essex County. Its name comes from an Algonquian language word lappihanne, meaning "Town on the rise and fall of water" or "where the tide ebbs and flows." In 1608 John Smith landed in Tappahannock and fought with the local Rappahannock tribe. After defeating them, he later made peace.

Middle Peninsula Region of Virginia

The Middle Peninsula is the second of three large peninsulas on the western shore of Chesapeake Bay in Virginia, in the United States. It lies between the Northern Neck and the Virginia Peninsula. This peninsula is bounded by the Rappahannock River on the north and the York River on the south, with the Chesapeake Bay to the east. It encompasses six Virginia counties: Essex, Gloucester, King and Queen, King William, Mathews, and Middlesex. Developed for tobacco plantations in the colonial era, in the 21st century the Middle Peninsula is known for its quiet rural life, vegetable truck-farming, and fishing industry.

Rappahannock River river in Virginia, United States

The Rappahannock River is a river in eastern Virginia, in the United States, approximately 195 miles (314 km) in length. It traverses the entire northern part of the state, from the Blue Ridge Mountains in the west where it rises, across the Piedmont to the Fall Line, and onward through the coastal plain to flow into the Chesapeake Bay, south of the Potomac River.

United States District Court for the Eastern District of Virginia United States district court

The United States District Court for the Eastern District of Virginia is one of two United States district courts serving the Commonwealth of Virginia. It has jurisdiction over the Northern Virginia, Hampton Roads, and Richmond metro areas and surrounding locations with courthouses located in Alexandria, Norfolk, Richmond and Newport News.

Fiserv Provider of financial services technology to banks

Fiserv, Inc. is a global provider of financial services technology. The company's clients include banks, thrifts, credit unions, securities broker dealers, leasing and finance companies, and retailers. In October 2015, American Banker and BAI ranked the company third by revenue among technology providers to U.S. banks. Fiserv reported total revenue of $10.187 billion in 2019. In summer of 2018, Fiserv obtained the naming rights to the Fiserv Forum, home to the Milwaukee Bucks, for 25 years. Fiserv has been named as 2020 Fortune World's Most Admired Companies, the seventh consecutive year it has earned this recognition and 10 times in the last 12 years.

American Bankers Association organization

The American Bankers Association (ABA) is a Washington, D.C.-based trade association for the U.S. banking industry. Founded in 1875, ABA represents banks of all sizes and charters, including community banks, regional and money center banks, savings associations, mutual savings banks, and trust companies, with the average member bank having approximately $250 million in assets.

Transportation in Richmond, Virginia

Transportation in Richmond, Virginia and its immediate surroundings include land, sea and air modes. This article includes the independent city and portions of the contiguous counties of Henrico and Chesterfield. While almost all of Henrico County would be considered part of the Richmond area, southern and eastern portions of Chesterfield adjoin the three smaller independent cities of Petersburg, Hopewell, and Colonial Heights, collectively commonly called the Tri-Cities area. A largely rural section of southwestern Chesterfield may be considered not a portion of either suburban area.

U.S. Route 60 (US 60) in the Commonwealth of Virginia runs 303 miles (488 km) west to east through the central part of the state, generally close to and paralleling the Interstate 64 corridor, except for the crossing of the Blue Ridge Mountains, and in the South Hampton Roads area.

Virginia State Route 200 state highway in Virginia, United States

State Route 200 is a primary state highway in the U.S. state of Virginia. The state highway runs 19.23 miles (30.95 km) from SR 3 in White Stone north to U.S. Route 360 at Burgess. SR 200 is the main north–south highway of the eastern end of the Northern Neck. The state highway connects the Lancaster County towns of White Stone, Irvington, and Kilmarnock, where the highway intersects SR 3 again, with eastern Northumberland County.

St. Margaret's School is an independent, Episcopal, all-girls school located in the town of Tappahannock, Virginia, on the banks of the Rappahannock River. The school is 45 miles northeast of the Richmond metro area, 100 miles southeast of the Washington metro area, and 75 miles northwest of the Hampton Roads metro area. St. Margaret's is governed by the Episcopal Diocese of Virginia. St. Margaret's opened in 1921 with 14 students and now has an enrollment of 125 girls. The student body includes international students from 18 different countries, and domestic boarding students from 17 states and Washington, D.C. Day students make up 20 percent of the student body.

Elizabeth Ashburn Duke American Federal Reserve Governor

Elizabeth “Betsy” Ashburn Duke is an American bank executive, most notable for being a member of the Board of Governors of the Federal Reserve System of the United States from 2008 through 2013. She was confirmed by the Senate June 27, 2008 to fill an unexpired term ending January 31, 2012. She was the seventh woman to be appointed to the board. In July 2013 she announced her resignation from the board.

Peninsula Extension

The Peninsula Extension which created the Peninsula Subdivision of the Chesapeake and Ohio Railway (C&O) was the new railroad line on the Virginia Peninsula from Richmond to southeastern Warwick County. Its principal purpose was to provide an important new pathway for coal mined in West Virginia to reach the harbor of Hampton Roads for coastal and export shipping on collier ships.

RavenCon is an annual American science fiction convention founded in 2006 and held in Richmond, Virginia. The name "RavenCon" was chosen as a tribute to author Edgar Allan Poe, who lived in Richmond for a time.

Call Federal Credit Union is a federally insured, not-for-profit financial cooperative headquartered in Richmond, Virginia. It is regulated under the authority of the National Credit Union Administration (NCUA) of the U.S. federal government. Call Federal Credit Union is the second-largest Richmond-based credit union. As of December 31, 2018, Call Federal Credit Union had $400 million USD in assets and 33,000 members. In accordance with the Federal Credit Union Act of 1934, Call Federal Credit Union is a tax-exempt, federally chartered, federally insured, not-for-profit financial cooperative. Call Federal Credit Union accounts are insured up to $250,000 through the NCUA, which is comparable to the insurance provided to accounts at traditional banks via the Federal Deposit Insurance Corporation.

Rappahannock Community College

Rappahannock Community College (RCC) is a public community college with two campuses in Virginia, one in Glenns and the other in Warsaw. There are three off-campus sites — one in Kilmarnock, one in King George, one in New Kent County. The institution is one of the twenty-three colleges in the Virginia Community College System. It mostly serves students living on the Middle Peninsula and the Northern Neck, but it also has students from other parts of Virginia. RCC offers associate degrees, certificates, career studies certificates, dual enrollment credit, non-credit programs, lifelong learning credits, and programs for incarcerated students.

Eugene Beauharnais Sydnor Jr. was a Richmond department store owner, Chamber of Commerce executive, and politician. A member of the Byrd Organization, Sydnor served briefly in both houses of the Virginia General Assembly: from 1953 to 1955 in the House of Delegates and from 1955 until 1959 in the Virginia Senate. Both occurred during the period of Massive Resistance to the United States Supreme Court's decision in Brown v. Board of Education.

References

  1. Sabo, Matt (2019-10-07). "Wired to Succeed: Jeff and Wende Szyperski". The Local Scoop. Retrieved 2020-02-12.
  2. "Chesapeake – where 'It's All About Community'". chesbank.com. Retrieved 2020-02-10.
  3. "Chesapeake – where 'It's All About Community'". chesbank.com. Retrieved 2020-02-10.
  4. "Chesapeake bank joins Patterson branch lineup". Richmond BizSense. 2014-10-15. Retrieved 2020-02-14.
  5. "Kilmarnock-based bank eyes new branch in Chesterfield". Richmond BizSense. 2019-02-15. Retrieved 2020-02-12.
  6. "Where Jeff Szyperski Knows Your Name". ABA Banking Journal. 2018-10-23. Retrieved 2020-02-12.
  7. "Wealth Management". chesbank.com. Retrieved 2020-02-10.
  8. "Merchant Services". chesbank.com. Retrieved 2020-02-10.
  9. "About Cash Flow". Chesapeake Bank Cash Flow. Retrieved 2020-02-10.
  10. "New ABA chair: Tailor regs to business models, modernize CRA". American Banker. 2018-10-22. Retrieved 2020-02-12.
  11. "Szyperski Named Chairman of the ABA". Virginia Bankers Association. Retrieved 2020-02-12.
  12. "Szyperski Elected ABA Chairman". ABA Banking Journal. 2018-10-23. Retrieved 2020-02-14.
  13. "Q&A: Chesapeake Bank CEO Jeff Szyperski meets Trump". Richmond Times-Dispatch. Retrieved 2020-02-14.
  14. KOSA. "Midland Community Banker and Chairman meets with President Trump". www.cbs7.com. Retrieved 2020-02-14.
  15. "Q&A with our CEO and former ABA Chair, Jeff Szyperski". chesbank.com. Retrieved 2020-02-14.
  16. "Opinion | Community Banks Exploit Their Strengths". Wall Street Journal. 2019-03-12. ISSN   0099-9660 . Retrieved 2020-02-14.
  17. Boat'n Bank , retrieved 2020-02-12
  18. Hodges, Ty (2016-07-13). "Chesapeake Bank to collect school supplies for YMCA program". Williamsburg Yorktown Daily. Retrieved 2020-02-12.
  19. "YMCA dedicates new aquatic center | Rappahannock Record" . Retrieved 2020-02-14.
  20. "Chesapeake Bank again recognized among the 'Best Banks to Work For' nationwide | Rappahannock Record" . Retrieved 2020-02-14.