[4] On October 11, 1955,[2] a savings and loan charter was granted to a group of Baltimore area businessmen but never used.

Brown & Sons Building in Baltimore, Maryland, which was renovated the following year and used for a branch office.

[2] Chevy Chase Bank had more than 290 branches[1] in Delaware, Maryland, Virginia, and the District of Columbia, and claimed to have the largest network of ATMs in the Washington area.

[12] Chevy Chase Bank was the subject of two national class action lawsuits for violations of the Truth in Lending Act of 1968 involving as many as 7,000 mortgage borrowers.

The Seventh Circuit Court of Appeals overturned the federal district ruling in September, 2008.

The bank also agreed to pay $16 million to settle a class action alleging it charged late fees and high interest rates to credit card holders, although it denied wrongdoing.