Congressional Bank - aVenture Asset Manager Research
Location
Chevy Chase, MD, US
Founded
2003
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
Portfolio Companies2
Current Portfolio Count2
Top Investment Stages
Seed1 (100.0%)
Stage Mix
Seed 100%
Concentration shown as share of disclosed investments by stage.
