San Diego, July 6, 2015— Vistage member company Capital Bank has recently been recognized by SNL Financial, SmartCEO, American Banker Magazine and the U.S. Small Business Administration for its achievements in performance and growth. Capital Bank CEO Ed Barry has been a Washington, DC-area Vistage member since 2014.
SNL Financial recently ranked Capital Bank as number 30 in the “Top 100 Community Banks” in the U.S. for 2014 in their annual ranking of best-performing community banks between $500 million and $5 billion in assets. Based on the criteria outlined by SNL Financial, 805 companies were eligible for the $500 million to $5 billion ranking.
SmartCEO named Capital Bank as a “2015 Future 50 Company to Watch.” Companies named to the list represent the future of the region’s economy and embody the entrepreneurial spirit critical for leadership and success. The winners are chosen based on a three-year average of employee and revenue growth.
American Banker Magazine ranked Capital Bank in the top one percent among all public and private banks in the U.S. with assets totaling up to $2 billion—ranking the Washington, DC metro area bank at 56 out of 5000 in its category and placing it first in the region. The rankings, released in May, underscore Capital Bank’s accomplishments in 2014, ending a year of double-digit asset growth—the third in a row—with more than $600 million in assets.
“This is an exciting year for us,” says Barry. “I am proud of the team’s hard work and commitment to our clients that has resulted in this recognition.”
Finally, Capital Bank was recognized in two separate rankings by the U.S. Small Business Administration. It was listed as #2 among community lenders and in the top 10 among participating lenders in Washington Metropolitan District for loan volume for FY 2014. It was also recognized by the SBA for their consistent double-digit asset growth year over year for the past 3 years ending with 26% growth in 2014.
Ed Barry joined Capital Bank as Chief Executive Officer in 2012. Since that time, Capital Bank has rapidly expanded throughout the DC area and into Baltimore. Under Ed, Capital Bank has consistently been recognized as one of the top performing banks in the U.S. In 2014, Capital Bank won Product Innovation of the year in payments by Retail Bankers International. Prior to joining Capital Bank, Edward held senior positions at Capital One Bank, Bank of America, and E&Y/Capgemini.
Capital Bank is a mid-sized bank focused on serving the diverse needs of business owners in the greater Washington, D.C. metropolitan area. They offer a range of services, encompassing cash management, commercial lending, consumer credit and residential mortgage/Veterans Administration home loans. Capital Bank recently launched a new website and updated digital storefront honoring their commitment to technology to meet client needs. Visit www.capitalbankmd.com to learn more.
About Vistage Worldwide, Inc.
Vistage is the world’s largest CEO coaching and peer advisory organization for small and midsize businesses. For more than 60 years, we’ve been helping CEOs, business owners and key executives solve their greatest challenges through confidential peer groups and one-to-one executive coaching sessions. Today, more than 28,000 members in 26 countries rely on Vistage to help make better decisions for their companies, families and communities. The results prove it: Vistage CEO members grew their annual revenue on average by 4.6% in 2020, while nonmembers with comparable small and midsize businesses saw revenue decrease by 4.7%, according to a study of Dun & Bradstreet data. Learn more at vistage.com.
Katie McWeeney | Vistage
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