Capital Bank Strengthens Regional Commercial Banking Team
Capital Bank Welcomes Experienced Team to Enhance Services
Capital Bancorp (NASDAQ: CBNK) is making significant strides in expanding its Commercial Banking division in Delaware. This noteworthy step, announced recently, introduces a team of highly experienced relationship managers set to enhance Capital Bank's capacity to serve the growing needs of local businesses.
Strategic Expansion in Southern Delaware
Leading the charge in Southern Delaware is Ritchie Francia, an established commercial banker with deep roots in the local business community. Located in the Rehoboth Beach area, Ritchie is tasked with furthering Capital Bank’s initiatives in Sussex County. With his extensive experience and robust relationships, Ritchie is well-equipped to support clients in this rapidly developing region.
Supporting the Greater Wilmington Area
Ritchie will be accompanied by two esteemed colleagues, Sarah Ferguson and John Hassiepen, both of whom are positioned to make a positive impact in the Greater Wilmington area. Sarah and John are recognized for their expertise in the banking sector and their dedication to empowering local businesses to reach their financial aspirations. Their combined experience strengthens Capital Bank’s relationship-driven approach and reflects the institution's commitment to service excellence.
A Commitment to Financial Excellence
All three banking professionals have demonstrated outstanding performance in the industry, recently receiving prestigious awards for their excellence in commercial banking. Their achievements highlight a collective dedication to providing valuable financial services tailored to the unique needs of each client.
Leadership's Vision for the Future
Steve Poynot, the President and Chief Operating Officer of Capital Bank, expressed enthusiasm regarding this expansion, stating, "Our investments in Delaware represent an exciting next step for Capital Bank as we continue to broaden our reach across the Mid-Atlantic. Adding Ritchie, Sarah, and John to our team allows us to tap into their extensive knowledge of the local market, which is crucial to our success and to the communities we serve."
Strategic Growth Across the Region
Capital Bank's Delaware expansion aligns with its broader strategy to solidify its presence across the Mid-Atlantic. The bank is focused on enhancing its Commercial Banking footprint by attracting top talent and deepening market expertise. This dedication positions Capital Bank not just as a financial partner, but as a key player in nurturing local economies in Maryland, Delaware, Virginia, and beyond.
About Capital Bank
As of recent reports, Capital Bancorp Inc. boasts $3.3 billion in assets and has been recognized as #9 in American Banker’s Top 20 High Performing Banks in 2024. Esteemed for its consultative banking approach, Capital Bank has proudly served commercial clients in the DC Metro Region for over 25 years, committed to fostering financial success while upholding fiduciary responsibilities. In addition to being a member of the Federal Reserve Bank system, Capital Bank is also a proud Member FDIC and an Equal Housing Lender.
Frequently Asked Questions
What is the significance of Capital Bank's expansion in Delaware?
The expansion allows Capital Bank to enhance its service offerings to local businesses, helping to drive economic growth in the area.
Who are the new team members at Capital Bank?
The team includes Ritchie Francia, Sarah Ferguson, and John Hassiepen, seasoned banking professionals with extensive local market expertise.
What awards have the new bankers received?
All three professionals were recognized for their outstanding sales performance in commercial banking.
How does Capital Bank support local businesses?
Capital Bank provides tailored financial solutions and maintains strong community relationships to empower local enterprises.
Where can I find more information about Capital Bank?
For additional details, you can contact Dominic Canuso, EVP, Chief Financial Officer, at 240-283-0402 ext. 1223 or via email.
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