News Column

Bank of Georgetown Moves Corporate Headquarters, Opens 11th Branch

February 5, 2014

WASHINGTON , Feb. 5, 2014 (GLOBE NEWSWIRE) -- Bank of Georgetown continues its expansion, today announcing the relocation of its corporate headquarters and the opening of an adjoining branch at 1115 30 th Street NW, just south of M Street in Washington, D.C. 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. "It is important for us to invest in the resources necessary to support our consistent growth in assets and customers; this move reflects our commitment to building a premier Washington D.C. -based community bank," said Mike Fitzgerald , chairman, president, and CEO of Bank of Georgetown . "We are excited about our new home and look forward to serving a larger portion of the Georgetown community, while continuing to listen and cater to the needs of businesses throughout the District, Maryland and Virginia ." 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 . "Our roots are in Georgetown , and we are committed to supporting its dynamic business community; staying in the neighborhood was a priority for us," Fitzgerald said. "Luckily, we found a building just a few blocks away that will enhance the work environment for our professionals and provide the necessary efficiencies to support our expanding loan and deposit operations." The full-service adjoining branch is the Bank's second in the neighborhood; its first facility opened in 2005 at the corner of Wisconsin and K Street . A second branch provides a more accessible banking location for upper Georgetown businesses and residents, while offering a public remembrance of Winsor, a native Washingtonian and Georgetown resident who passed away in December 2012 . "Curt poured his heart and soul into the creation and success of Bank of Georgetown . We miss him greatly but know he would be proud of the path on which we are progressing," said Fitzgerald. "We hope to honor his legacy with our newest branch and through our unwavering commitment to the Bank's mission of providing highly personalized relationship banking service to local businesses and residents." The branch features a 24-hour walk-up ATM and a full array of retail and commercial cash management and deposit services. Lobby hours are Monday-Thursday, 9:00AM-4:00PM and Friday, 9:00AM-5:00PM . Customers can also bank online 24 hours a day and have access to nationwide ATMs, surcharge-free. For more information about the architecture or design, please contact:Samantha Edwards at 571-338-4723 or sedwards@prexpert.net . About Bank of Georgetown Bank of Georgetown is a client-focused community bank with 11 branches throughout Washington, D.C. , Montgomery County and Northern Virginia . The Bank has more than $925 million in assets and specializes in helping local organizations achieve their financial goals by delivering competitive loan, deposit and cash management products and services. Founded in 2005 by Chairman, President and CEO Mike Fitzgerald and the late Curtin Winsor III , Bank of Georgetown offers unique customer-focused and technologically advanced services in order to maximize the relationship banking experience for its clients. More information is available at www.bankofgeorgetown.com . CONTACT: Bridget Veihmeyer Bank of Georgetown (202)742-1086 bveihmeyer@bankofgeorgetown.com Source: Bank of Georgetown


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Source: GlobeNewswire


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