No, that is just a baseless rumor.
It was usually called a "retreat", as it is located in secluded woods. However, several Presidents have held meetings with heads of state at Camp David.
Carters proudest moment was when he got the presidents of Egypt and Israel to sign a peace treaty at Camp David.
Camp David accords
Eisenhower named it Camp David for his grandson David Eisenhower.
David M. Camp was born in 1788.
David M. Camp died in 1871.
Camp David, although it was originally called Shangri-La by Franklin Roosevelt and is correctly known as Naval Support Facility Thurmont.
The government provides a country retreat known as Camp David for the President to use. It is located in Maryland, about 60 miles NW of Washington. Some of the presidents had their own special places they liked to go for holidays.
2000 Camp David Summit The 2000 Camp David Summit was convened by President Bill Clinton. It did not involve Barack Obama.
Camp David Accords
Camp David received its name from Dwight Eisenhower, in honor of his grandson, Dwight David Eisenhower II.
Jimmy Carter was the President who facilitated the Camp David Accords.