Congressional Bank

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Congressional Bancshares, Inc. Announces Private Placement of $345 Million of Common Equity Capital

Centerbridge Partners, Gallatin Point Capital, Bayview Asset Management and BlackRock led the investment. The investment will drive meaningful growth in Congressional’s market leading Healthcare, Lender and Leveraged Finance businesses and expand the capabilities of Alliance Partners, its asset management business serving the needs of over 260 community banks. Congressional is also launching its Sustainable Finance […]

Mosaic and Congressional Bank Announce Financing Partnership

 New loan program focuses on solar energy systems and battery storage to help homeowners convert to clean energy  OAKLAND, Calif., — April 14, 2021 — Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced a new $1.5 billion, multi-year loan purchase program with Congressional Bank. The program focuses […]

Congressional Bank Supports Small Business During COVID 19 Crisis

Serves current customers, future customers, and local nonprofits by approving approximately $150,000,000 in PPP Loans to over 375 Small Businesses Bethesda, Maryland, April 20, 2020 – In the early hours of the launch of the Small Business Payroll Protection Program (PPP), Congressional Bank committed to do everything it could to serve small businesses.  With strong […]