Summer 2015

Thought leadership you can expect from a bank that’s your business partner – not just your regular bank

As an extension of the Thinking Ahead Business Series, this newsletter is another resource for your business; designed to provide you with solutions to the pressing topics and issues keeping you up at night.

We Ranked in the Top 1% of Banks in the Nation

Capital Bank is proud to have our smart growth and financial performance recognized on the national level! This spring two prestigious organizations named us a top-performing bank in the nation as well as in our Washington, DC metropolitan region.

In June, American Banker Magazine lauded us as one of the best-performing banks. Capital Bank was ranked at 56 out of 5000 in its asset category and first place in the region, placing us in the top 1% among all public and private banks in the nation with assets of less than $2 billion. High performance was based on a three-year average return on equity from 2012 to 2014. 

In April, Capital Bank has been also ranked as a Top 100 best performing community bank in the U.S. in its asset class by SNL Financial. SNL evaluated 805 companies with assets between $500 million and $5 billion that were eligible for the national ranking of best performing community banks during 2014.

The rankings underscore Capital Bank's accomplishments in 2014, ending a year of double-digit asset growth—the third year in a row—with more than $600 million in assets.

Sorting Out Mixed Signals for the Area Economy – LATEST Economic Update by Dr. Stephen Fuller

In this quarterly update, Dr. Stephen Full, noted regional economist, provides insight into performance of the national and local economies over the first half of the year, as well as insights as to where the economy appears to be headed for the upcoming quarters. Capital Bank provides this exclusive resource quarterly to help our valued clients and subscribers with their business projections. Click here to access the updated outlook for the regional economy.

The New EMV Chip: What Does it Mean?

Starting October 2015 Capital Bank debit cards and the Secured Visa® Credit Cards offered through the OpenSky® Credit Card division will both migrate to EMV chip technology. Chip-enabled cards offer the consumer greater security in identity protection for in-store payments and are becoming the global standard for credit card and debit card payments.

For our clients who offer take in credit and debit cards as forms of payment for your services, you should be thinking about transitioning your equipment to accept the EMV chip. After October 1, 2015, merchants who do not have EMV chip readers for card payments will see their potential liability for fraud due to counterfeit cards increase. Click here for more information.

Being Money Smart

What’s safer to carry on vacation—cash or credit cards? The answer to this and other questions can be found in a new section of the Capital Bank website called Thinking Ahead: Being Money Smart. From protection against scams and identity theft to financial management insight, Capital Bank's new educational resource is there to empower you with financial knowledge. Check it out!

Meet Our Church St. Branch Manager

Nate GonzalezMeet our Church Street location branch manager, Nate Gonzalez. Nate has 15 years of banking experience and is at our Branch to help all of our customers. Nate is also bilingual in Spanish. Come on by and introduce yourself the next time you are visiting our Church Street branch, maybe even practice your Spanish.