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In recent years, Capital Bank’s Community Lending Manager Lola Pol and her devoted team has worked diligently to provide home loans for first-time and low-income homebuyers. Capital Bank believes everyone deserves a chance at homeownership. That’s why we continue to work with down payment assistance programs to provide the people in our community with home buying opportunities.

The ABA (American Bankers Association) Foundation Community Commitment Awards, recognizes banks across the country for their contributions to community development and economic growth. This year, Capital Bank has been named as an Honorable Mention! We are proud to continue growing and expanding community lending so everyone has a chance at homeownership.

About Capital Bank, N.A.

Capital Bank, N.A., is the eighth largest bank headquartered in Maryland.  Capital Bank has been providing financial services since 1999 and operates bank branches in five locations in the greater Washington, D.C., Northern Virginia and Baltimore, Maryland markets to serve its clients in and beyond that geography.  Capital Bank also has two nation-wide consumer lending brands, Capital Bank Home Loans, a mortgage division that originates conventional and government-guaranteed residential mortgage loans, and OpenSky which provides secured credit cards to under-banked individuals and those who look to rebuild their credit scores. With a specialization in adapting traditional and current digitally based banking products to solve its customers’ most pressing needs and providing personalized services; the Bank has grown to total assets greater than $1.1 billion and its common stock, for its parent company Capital Bancorp, Inc. is traded in the NASDAQ Global Market under the symbol “CBNK.” More information can be found at the Company’s website www.capitalbankmd.com under its investor relations page.

Media Contact:

Ed Barry

240-283-1912

SOURCE Capital Bank, N.A.

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“It’s an honor to have received this award,” says Eric Suss, Executive Vice President, Chief Human Resources Officer. “Yet what makes me most proud is that this award is based on our employees’ responses.” The team had high praise for the Bank’s work environment and culture, calling it a collaborative environment, a fun place to work, with flexibility and ‘awesome’ paid time off.

What makes Capital Bank an industry standout is its emphasis on recruitment. “We make recruiting a top strategic priority,” says Edward Barry, Chief Executive Officer at Capital Bank. “Often a recruit’s first non-HR conversation is with me, where I assess for fit with our vision and value proposition.”

Capital Bank also underscores servant leadership, helping others be successful in their careers and lives. Much to its employees’ satisfaction, Capital Bank emphasizes work/life balance, as evidenced by Barry’s challenge to employees to make enjoying their lives a priority and not an after-thought to work.

Just as digital innovation is an inherent part of Capital Bank, so is communication, particularly face-to-face interactions. Employees cited their ability to easily pitch ideas, share thoughts and access all levels of management, including the CEO. Adds Barry, “I meet with people in small groups often to share where we’re going and get feedback. I’m also a huge believer in context. I share my thought process and facts so people see what I see and better understand how I make decisions. My belief is that if you give people context, they can more effectively bring their talents to work.”

Capital Bank has 238 employees across the Washington, DC metropolitan area up to Pennsylvania. Its culture fosters an entrepreneurial spirit that inspires its team to get things done and to grow, both professionally and personally. Says Suss, “We look forward to continuing to welcome new talent to our family, and making Capital Bank the “Best Bank to Work For” in 2020.”

About Capital Bank, N.A.
Capital Bank, N.A., is the eighth largest bank headquartered in Maryland.  Capital Bank has been providing financial services since 1999 and operates bank branches in five locations in the greater Washington, D.C., Northern Virginia and Baltimore, Maryland markets to serve its clients in and beyond that geography.  Capital Bank also has two nation-wide consumer lending brands, Capital Bank Home Loans, a mortgage division that originates conventional and government-guaranteed residential mortgage loans, and OpenSky which provides secured credit cards to under-banked individuals and those who look to rebuild their credit scores. With a specialization in adapting traditional and current digitally based banking products to solve its customers’ most pressing needs and providing personalized services; the Bank has grown to total assets greater than $1.1 billion and its common stock, for its parent company Capital Bancorp, Inc. is traded in the NASDAQ Global Market under the symbol “CBNK.” More information can be found at the Company’s website www.capitalbankmd.com under its investor relations page.

Media Contact:
Ed Barry
240-283-1912

SOURCE Capital Bank, N.A.

To read the full press release, visit PRNewswire.

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Mark Caplan is president and Chief Executive Officer of The Time Group, a real estate equity investment firm with interests across multifamily, manufactured housing, and senior living communities. He is the managing member and sole shareholder of Washington Place Equities, and serves as chairman of the Management Committee for WPM Real Estate Group, a real estate management firm.

Mark co-founded Harbor Leasing Associates, an equipment financing business, which has grown to include commercial vehicle financing. Today, the company, known as Madison Capital, is one of the largest independent leasing companies in the country. Mark serves as chairman of the Management Committee for the firm.  Mark was most recently a member of the Board and Chair of the Compensation Committee of Bay Bank, FSB. In April, 2018, Bay Bank was acquired by Old Line Bank.

“We are very pleased to welcome Mark Caplan to our Board of Directors,” says Edward Barry, Chief Executive Officer at Capital Bank N.A. “Caplan has been a staple in helping the Baltimore community and brings extensive local business insight to Capital Bank. His acumen in building a thriving enterprise over decades will serve our small- to mid-sized businesses well.”

Caplan joins Fred Lewis, who became a Board member towards the end of 2018.  “The addition of Caplan and Lewis to our Board demonstrates our commitment to building expertise in the broader territories around the DC metropolitan area, in order to serve our clients in their locations,” adds Barry.

Lewis is founder of The Dominion Group, one of the most active purchasers of distressed properties in Maryland. He provides daily strategic oversight in all The Dominion Group companies with a special focus on operations and finance.

The Dominion Group of Companies includes Dominion Properties, a “fix and flip” renovation company that operates throughout Maryland; Dominion Financial Services, a private lender of single family fix and flip and small commercial loans in 49 states; Dominion Management, a specialized property manager that manages single family houses throughout Maryland; and Dominion is Insurance, a captive insurance company that insures the business risks associated with all the Dominion Group of Companies.

Lewis founded Capitol Graphics, a specialty supplier of imprinted apparel. Lewis continued this imprinted apparel venture after college where he built the enterprise into a national business that was ultimately merged with Logotel, Inc., a national supplier of imprinted apparel.

“We are especially excited about what Caplan and Lewis can bring to Capital Bank and our customers. Both hail from Baltimore. Having them on the Board offers us the opportunity for insight and guidance on how to best help our customers in this region.”

About Capital Bank, N.A.
Capital Bank N.A., headquartered in Rockville, Maryland, is a commercial-focused national banking association that offers commercial and consumer banking services to clients in the Washington, D.C., northern Virginia and Baltimore, Maryland metropolitan areas.  Capital Bank N.A. also has two nation-wide consumer lending brands, Capital Bank Home Loans, a mortgage division that originates conventional and government-guaranteed residential mortgage loans, and OpenSky which provides secured credit cards to under-banked people and those who look to rebuild their credit scores. Capital Bank specializes in adapting traditional and current digitally based banking products to solve its customers’ most pressing needs and providing personalized services; the Bank has total assets greater than $1 billion.

CONTACT: Jessica Lasko, 240-205-7863

SOURCE Capital Bank, N.A.

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Aite Group is an independent research and advisory firm focused on business, technology, and regulatory issues and their impact on the financial services industry. The firm developed the Impact Innovation Awards to celebrate financial and technological innovation by financial institutions that inspire others in the industry to follow.

Capital Bank was recognized for an innovative approach to product development with Remote Deposit Capture (RDC) in the small bank category. Partnering with FinTech provider Deluxe Treasury Management Solutions, Capital Bank expanded RDC beyond check deposit with enhanced technologies to include the capture of remittance items and general documents.

Capital Bank enabled a not-for-profit customer to leverage data collected from RDC to create a database of donors that could be electronically parsed between entities and individuals. This allowed the customer to mine its database and gain a better understanding of its primary donors. Capital Bank’s creative approach to another not-for-profit allowed it to use Deluxe’s RDC platform to help small- and mid-sized businesses align check processing with invoice payments, saving the customer an average of six to eight hours a week.

Capital Bank has a proud history of working to make its customers more valuable, with their focus on small and mid-size businesses (SMB). “We recognize this is an underserved market, and continually work with customers both internally and externally —taking their case directly to our underwriting team and to our vendors — to create meaningful products for their businesses,” says Nikhil Bijlani, Vice President of Product Development.

As research shows that 92 percent of small businesses still receive checks, and many deposit their checks at the bank branch, Capital Bank’s innovation in RDC is a welcome addition to a cumbersome process, helping this sector operate more efficiently and profitably.

Adds Bijlani, “This recognition is a great validation of the consultative approach we take at Capital Bank in deploying client-facing technology, and extending the capabilities of the products we offer beyond its generic use.”  He will be delivering a presentation on Capital Bank’s unique approach to servicing its SMB customers at the Deluxe Exchange conference this February.

Capital Bank congratulates the winners across all six of the categories and its peers in being nominated.

You may also view this press release on PR Newswire.

About Capital Bank N.A.

Capital Bank N.A., headquartered in Rockville, Maryland, is a commercial-focused national banking association that offers commercial and consumer banking services to clients in the Washington, D.C., northern Virginia and Baltimore, Maryland metropolitan areas.  Capital Bank N.A. also has two nation-wide consumer lending brands, Capital Bank Home Loans, a mortgage division that originates conventional and government-guaranteed residential mortgage loans, and OpenSky which provides secured credit cards to under-banked people and those who look to rebuild their credit scores. Capital Bank specializes in adapting traditional and current digitally based banking products to solve its customers’ most pressing needs and providing personalized services; the Bank has total assets greater than $1 billion.

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