Bank holding company that through its subsidiaries engages in community banking and mortgage banking and offers a full range of commercial and retail banking services and products.
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This bank is way underrated. They are conservatively managed, provide excellent customer service, sit in the affluent and largely recession-proof Washington DC suburbs, and have upped their dividend every year for the past 25 years. They have outperformed the S&P and will continue to do so. I have done my banking there for 15 yeras and owned their stock for ten years. They will survive the current greed-inspired banking fiasco and lead the financials back up. This security is being overlooked by the CAPS community.