Capital Bank Expands Branch Network to Serve Small Businesses in Northern Virginia

News provided by

Jul 10, 2018, 05:00 ET

ROCKVILLE, Md., July 10, 2018 /PRNewswire/ -- Capital Bank, N.A. is pleased to announce the expansion of its branch network to Northern Virginia. The new branch, located in Reston Virginia, recently opened and is ready to bank both commercial and consumer clients, and be the first Capital Bank N.A. branch to serve the region.

With branches in Washington, DC and Maryland, Capital Bank has seen significant growth in Northern Virginia over the last year. According to a recent study noted in the Washington Post, three out of four of the state's largest jurisdictions are now in Northern Virginia. Previously, Virginia ranked #7 of top states for business.

"More and more, we've been experiencing growth in new clients from Virginia," says Ed Barry, CEO of Capital Bank, N.A. "An expanded footprint into Northern Virginia was the next logical step for Capital Bank, as interest and reach for our solutions has been tremendous."

Capital Bank credits its expansion to its "uncommunity" community bank culture. Focusing more on interactions than transactions, Capital Bank's corporate culture emphasizes partnering with clients to help create value, sustaining their individual businesses as well as the larger community. In addition, Capital Bank is a top lender of SBA loans, with an SBA specialist on board to focus on serving startups.

What sets Capital Bank apart is changing processes or bringing in tools to support its clients. After a conversation to unearth the need, a solution is developed, not because it satisfies all clients, but because it's the right thing to do — whether it's to bring additional functionality to existing products, or tailoring entire processes to support clients in niche industries.

"We are finding that more and more customers want to do business with a bank that invests the time and resources to support their business needs; it's how we expanded in to Virginia before even opening up our branch there," adds Barry.

Today, Capital Bank is a leading bank for its asset size in the Mid-Atlantic region, with $1 billion in assets. "With the addition of the Northern Virginia branch, we look forwarding to bringing our 'uncommunity' community bank culture to more small businesses and individuals in the region."

For more information on Capital Bank, please contact Ksenia Valentine at 301-468-8848, ext. 2037 or visit CapitalBankMd.com.

About Capital Bank, N.A.

Capital Bank, N.A., is a mid-sized bank focused on serving the diverse needs of business owners in the greater Washington, D.C. metropolitan area. Capital Bank is headquartered in Rockville, Maryland and is a subsidiary of Capital Bancorp, Inc. and member of the Federal Reserve Bank system. Focusing more on interactions than transactions, Capital Bank has a corporate culture that emphasizes partnering with clients to help create value, sustaining their individual businesses as well as the larger community. Capital Bank offers a range of services, encompassing cash management, commercial lending, consumer credit and residential mortgage/Veterans Administration home loans.

*Washington Post, https://www.washingtonpost.com/local/dc-politics/virginias-growth-is-most-robust-in-washington-suburbs/2018/01/25/8de356f0-0134-11e8-93f5-53a3a47824e8_story.html?utm_term=.07d14a824ed2

**CNBC.com, https://www.cnbc.com/2017/07/11/americas-top-10-states-for-business-in-2017.html

SOURCE Capital Bank, N.A.