Congressional Bancshares Inc, founded in 1996 and headquartered in the heart of Washington, D.C., aims to provide comprehensive banking services with a focus on serving local communities. The company specializes in a range of financial products, including commercial and residential loans, deposit services, and wealth management solutions tailored for individual and business clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CGLBNC 0.00% 2032-01-01 USDCongressional Bancshares Inc | United States | 2032-01-01 | 0.000 | 7.18 |
| CGLBNC 4.00% 2032-01-01 USDCongressional Bancshares Inc | United States | 2032-01-01 | 4.000 | 7.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Congressional Bancshares Inc first began issuing bonds in 2010, with notable issuances including a $50 million bond in 2015 that supported the expansion of its loan portfolio. As of October 2023, the company’s bonds yield approximately 4.5%, slightly above the industry average, reflecting investor confidence in its stability and growth potential. Recent news highlights a successful refinancing initiative that has improved its overall capital structure, enhancing liquidity and enabling further investments in customer-focused services.