Congressional Bank Appoints Patrick Walsh as Leader of Newly Created Real Estate Structured Lending Group
Created Real Estate Structured Lending Chevy Chase, Maryland — June 25, 2021 — Congressional Bank announced today the appointment of Patrick Walsh as Managing Director, Real Estate Structured Lending, a newly created business within its Specialty Lending Division. Pat will be responsible for sourcing, underwriting, and managing commercial real estate structured lending opportunities with real […]
Congressional Bank Continues the Tradition of Recognizing Juneteenth
Branch locations and corporate offices will close at noon on June 18, 2021 Chevy Chase, Maryland — June 17, 2021 — Congressional Bank announces it will continue to recognize the Juneteenth holiday and has offered employees time off to celebrate, learn, grow, and volunteer as part of the Bank’s commitment to ESG and Community Action. […]
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 business […]
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 […]