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Abigail Adams Natl Bancorp Inc
Washington, DC - July 21, 2000 - Shell Oil Company today announced it has formed an alliance with The Adams National Bank in Washington D.C., designed to expand Adams' lending capacity to qualified minority and women borrowers. Through the Shell Community Banking Initiative, Shell will participate with Adams to fund business development loans on commercial terms and conditions. Shell will make available up to $7.5 million through Adams to participate in small business and community development loans extended by the bank. Shell has also placed deposits of $1 million in Adams and purchased a $250,000 non-controlling equity interest in the bank...more
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1130 Connecticut Ave NW # 200
Washington, DC 20036
Phone: (202)772-3600
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