September 23, 2014 9:27 AM ET

Banks

Company Overview of Bank of Georgetown

Company Overview

Bank of Georgetown provides community banking services. It offers commercial banking service, such as various deposit products, including small business checking, money market, business checking, business analysis checking, commercial NOW, IOLTA, and fiduciary accounts, as well as estate accounts, escrow funds, and court supervised accounts; and loan products, which include term loans, residential home construction loans, commercial real estate loans, letters of credit, real estate mortgages, and commercial construction financing services for office, retail, industrial, warehouse, condominiums, and multifamily properties. The company’s commercial banking services also include cash management...

1115 30th Street NW

Washington, DC 20007

United States

Founded in 2005

Phone:

202-355-1200

Fax:

202-355-1201

Key Executives for Bank of Georgetown

Chief Financial Officer and Executive Vice President
Age: 65
Chief Technology Officer
Vice President and Director of Human Resources
Chief Credit Officer and Senior Vice President
Compensation as of Fiscal Year 2014.

Bank of Georgetown Key Developments

Bank of Georgetown Appoints Bobby Wright as Senior Vice President, Commercial Loan Officer

Bank of Georgetown hired Bobby Wright as Senior Vice President, Commercial Loan Officer. Wright will be responsible for building and overseeing lending relationships, primarily with commercial and industrial (C&I) businesses in Northern Virginia. With nearly 30 years of banking experience, he most recently served as Chief Corporate Services Officer at Virginia Heritage Bank.

Bank of Georgetown Promotes Jonathan Higgins to Senior Vice President, Director of Business Development

Bank of Georgetown has promoted Jonathan Higgins to Senior Vice President, Director of Business Development. In this role, Higgins will guide the Bank's business development initiatives throughout the District, Maryland and Virginia. He will be responsible for expanding the Bank's commercial client base, with a focus on deposit growth. Higgins joined Bank of Georgetown at its founding in 2005, most recently serving as vice president of commercial banking throughout the Washington metro area. In this role, he helped commercial and industrial (C&I) and commercial real estate businesses achieve their financial goals by identifying smart and creative loan solutions. He began his Bank of Georgetown career as manager of its first branch, overseeing operations and supporting community outreach and business development in Georgetown. Prior to that, Higgins served as a financial center manager for BB&T's Georgetown branch.

Bank of Georgetown Moves Corporate Headquarters; Opens 11th Branch

Bank of Georgetown continued its expansion, announced the relocation of its corporate headquarters. Bank of Georgetown's 11(th) banking location in the Washington metro area will be named "The Winsor Branch" in honor of its co-founder and late chairman, Curtin Winsor III. The Bank partnered with the architecture firm CORE and Kane Construction to renovate what was originally a Washington Gas Company maintenance facility. The company also announced the opening of an adjoining branch at 1115 30(th) Street NW, just south of M Street in Washington, D.C. After 10 years and multiple expansions at its original location on 31(st) Street, nearly 50 employees moved into the 17,400 square-foot facility, which features multiple conference rooms, a boardroom and more space for day-to-day lending and deposit operations. Bank executives felt strongly that leaving their original headquarters did not require moving out of Georgetown.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 3, 2013
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