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Chesapeake Financial Shares
Chesapeake Financial Shares

Financial services / Financial services

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Company Overview

General information about the Chesapeake Financial Shares company
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.
What is special about the Chesapeake Financial Shares company?
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.

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