Chainbridgebank

About Chainbridgebank

Chain Bridge Bank, N.A. is a nationally chartered bank that commenced operations in August 2007, headquartered in McLean, Virginia. The bank was founded by former U.S. Senator Peter Fitzgerald, who drew upon his family's extensive, multi-generational history in community banking to establish the institution. He serves as Chairman of the Board for both the bank and its holding company, Chain Bridge Bancorp, Inc. The founding management team includes CEO John J. Brough, who has over three decades of experience in bank management and financial accounting, and President David M. Evinger, whose career has focused on credit, lending, and risk-management.

The bank operates with a unique business model, combining a single physical branch with a robust digital platform, enabling it to serve a select national client base. This strategy was adopted shortly after its founding, shifting away from a traditional brick-and-mortar expansion to leverage online technologies like remote deposit capture. The institution targets sophisticated commercial and personal clients, including trade associations, law firms, government contractors, nonprofit organizations, and notably, political committees. Its expertise in Federal Election Committee regulations and flexible services, such as extended hours for wire transfers, have made it a preferred bank for political campaigns.

Chain Bridge Bank provides a comprehensive suite of financial products. For commercial clients, it offers various deposit accounts, treasury management, and financing for needs like working capital and capital expenditures. Personal banking services encompass digital banking with features like Zelle and mobile deposits, various loan types including mortgages and lines of credit, and wealth management. The bank's mortgage division, created in 2012, specializes in customized lending and jumbo loans. A distinct offering is its Trust & Wealth division, which provides trustee services, wealth planning, and asset custody. Revenue is generated through interest on loans and fees for its various banking, treasury, and wealth management services.