Chesapeake Financial Shares

Chesapeake Financial Shares is a publicly-traded financial services company headquartered in Kilmarnock, Virginia. The company operates through its subsidiary, Chesapeake Bank, which offers a range of banking and financial products and services to individuals, businesses, and organizations in the Northern Neck, Middle Peninsula, and Williamsburg areas of Virginia.
Chesapeake Financial Shares was founded in 1900 as a community bank and has grown over the years through a combination of organic growth and strategic acquisitions. Today, the company has a strong presence in the Virginia banking market and is known for its commitment to personalized customer service and community involvement.
In addition to traditional banking services such as checking and savings accounts, loans, and credit cards, Chesapeake Bank also offers investment management, trust and estate planning, and insurance services through its subsidiaries Chesapeake Wealth Management and Chesapeake Financial Advisors.
The company's stock is traded on the New York Stock Exchange under the ticker symbol CPKF. As of 2021, the company has a market value of over $150 million. Its board of directors and executive leadership team are made up of seasoned professionals with extensive experience in the banking and financial services industry.
In recent years, Chesapeake Financial Shares has received several awards and recognition for its financial performance and community involvement. This includes being named one of the “Best Banks to Work For” by American Banker magazine and receiving the “Outstanding Community Investment Award” by the Virginia Bankers Association.
Overall, Chesapeake Financial Shares is a respected and solid financial institution that is committed to serving its customers and communities with integrity and excellence.

There are a few features that make Chesapeake Financial Shares (CFS) stand out:
1. Locally owned and operated: CFS is a community bank that is majority-owned by individuals and families in the Northern Neck and Middle Peninsula regions of Virginia. This means that decisions are made locally and profits stay within the community.
2. Strong financial performance: CFS has consistently shown strong financial performance, with the company reporting record earnings for the past several years.
3. Customer-oriented approach: CFS is known for its exceptional customer service and commitment to meeting the financial needs of the community. This is reflected in its diverse range of products and services and its personalized approach to banking.
4. Commitment to community development: CFS is actively involved in supporting the economic growth and development of the communities it serves. This includes providing loans and other financial services to local businesses and participating in community initiatives and organizations.
5. Innovative initiatives: CFS has implemented various innovative initiatives to enhance its services and meet the evolving needs of its customers. This includes the launch of online banking, mobile banking, and other digital services.
Overall, CFS stands out for its strong financial performance, customer-oriented approach, commitment to local community development, and its innovative and modern banking initiatives.

Chesapeake Financial Shares is a holding company that operates through its subsidiary Chesapeake Bank. The company's business model is focused on offering a range of financial services and solutions to individuals, businesses, and organizations in the local communities of Virginia's Middle Peninsula and Northern Neck regions.
Some key components of the company's business model include:
1. Retail Banking: Chesapeake Bank offers various retail banking services such as checking and savings accounts, consumer loans, mortgages, and credit cards. These services are targeted towards individual customers.
2. Commercial and Business Banking: The bank provides a range of banking products and services to meet the needs of small and mid-sized businesses, including business loans, cash management, and merchant services.
3. Wealth Management: Chesapeake Wealth Management, a division of Chesapeake Bank, offers investment management, financial planning, and trust services to high net worth individuals, families, and organizations.
4. Banking Technology: The company focuses on leveraging technology to enhance its banking operations and services. This includes offering online and mobile banking options to its customers.
5. Community Focus: Chesapeake Bank is dedicated to serving and supporting the local communities in which it operates. This includes providing financial education programs, supporting local businesses and non-profit organizations, and encouraging employee volunteerism.
Overall, the company's business model is centered on providing personalized and comprehensive financial solutions to meet the needs of its customers while supporting the growth and development of the communities it serves.

1. Chesapeake Financial Shares, Inc. is a bank holding company based in Kilmarnock, Virginia. It was founded in 1900 as the Bank of Lancaster, and changed its name to Chesapeake Financial Shares, Inc. in 1971.
2. The company operates through its subsidiary, Chesapeake Bank, which offers a wide range of banking and financial services to individuals and businesses in Virginia’s Middle Peninsula and Northern Neck regions.
3. Chesapeake Bank is the largest independent community bank headquartered in the Northern Neck area of Virginia.
4. In addition to traditional banking services, Chesapeake Bank also offers mortgage services, insurance, investment services, and trust and estate planning services through its subsidiary, Chesapeake Wealth Management.
5. Chesapeake Financial Shares, Inc. is listed on the NASDAQ stock exchange under the ticker symbol CPKF.
6. The company has a market capitalization of approximately $143 million as of September 2021.
7. Chesapeake Financial Shares has been consistently profitable since its establishment, and has paid dividends to its shareholders every quarter since 1986.
8. In 2019, Chesapeake Financial Shares was ranked as one of the Top 200 Community Banks in the United States by American Banker magazine.
9. The company has a strong focus on community involvement and support, and has been recognized for its contributions to local organizations and charities.
10. Chesapeake Bank and its employees have also received recognition for their commitment to customer service, including being awarded the Best in the Northern Neck by The Virginia Gazette from 2016-2020.
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