Company Information

Get to know Bank of Georgetown

Founded in 2005, Bank of Georgetown was a relationship-based community bank headquartered in Washington, D.C. The bank's mission was to provide personalized banking services, including commercial and consumer loans, real estate financing, and deposit products, to the local community. It grew to operate 11 branches and managed over $1 billion in assets. In June 2016, Bank of Georgetown was acquired by United Bankshares, Inc., the parent company of United Bank, and all its branches and operations were merged into the United Bank system.

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Bank of Georgetown

United States

Founded in

2005 (21 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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