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Banking in the Washington Area
The United States Capital of Washington, D.C. is a city located on the Potomac River, and its compact size (68 square miles) is bordered by Virginia and Maryland. It is known for its impressive neoclassical buildings and monuments that include the White House, the Capitol, and the Supreme Court. Burke & Herbert Bank & Trust Company opened in Washington in 1852 and continues to serve the financial needs of this bustling city today along with several other notable financial institutions.
Among the notable institutions in Washington, one will find recognizable names such as Capital One Bank, HSBC Advance, Navy Federal Credit Union, E*TRADE Bank, and PenFed Credit Union. There are 64 banks and 146 credit unions headquartered in Washington D.C. Many of these banks are providing needed daily banking services to area residents such as checking accounts and savings accounts as well as check cashing and direct deposit options. Residents can also apply for student loans, refinancing, first time home loans, auto loans, and personal loans through several of these establishments.
Washington is a fast paced metropolitan area where one can benefit from convenience when it comes to banking. There are approximately 2,750 branch offices serving the community from more than 125 banks and 170 credit unions. ATMs are found throughout the city, and online banking is now provided by many of the city’s financial institutions, which allows around the clock access to one’s accounts.
