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Congressional Bank
AddedFeb 13, 2024
UpdatedJun 28, 2026
Congressional Bank

Congressional Bank

Operating

Congressional Bank, a full-service Maryland-based bank, offers diverse banking services across MD, VA, and DC.

Location
Chevy Chase, MD, US
Founded
2003
Firm
Compare
Portfolio
Fundraising
Employees
Website

Congressional Bank, operating as Forbright Bank, is a full-service financial institution based in Maryland. The bank offers a range of personal and business banking services, including high-yield savings accounts, loans, and cash management solutions. Their service area covers Maryland, Virginia, and the District of Columbia, with a focus on competitive rates and easy account opening processes.

The bank has ventured into startup investing, participating in seed and debt financing rounds. A notable investment includes Trade X, which raised $50 million. Congressional Bank emphasizes FDIC insurance for depositors and positions itself as supporting a cleaner future through its banking services, aligning financial growth with environmental consciousness.

Congressional Bank - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments2
Current Portfolio Count2
Total Portfolio Exits0

Top Investment Stages

Debt Financing1 (50.0%)
Seed1 (50.0%)

Stage Mix

Debt Financing 50%Seed 50%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Sunstone Credit logo

Sunstone Credit

Trade X logo

Trade X

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Congressional Bank - Classification

Also Known As
  • Congressional Bancshares, Inc.
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522100Depository Credit Intermediation
  • 522110Commercial Banking
SIC
  • 6000Depository Institutions
  • 6020Commercial Banks