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Capital Bank Named One of the Best Banks to Work for in 2024
CBNKCapital Bancorp(CBNK) GlobeNewswire News Room·2024-11-21 15:00

Core Insights - Capital Bank has been recognized as one of American Banker's 2024 Best Banks to Work For, ranking No. 79 among 90 banks [1][2] - This recognition highlights Capital Bank's commitment to creating a positive workplace for its employees, marking the fifth time the bank has received this award [2] Employee Engagement and Programs - Capital Bank emphasizes employee growth and well-being through various programs, including employee rewards, wellness initiatives, and DEIB (Diversity, Equity, Inclusion, and Belonging) awareness [3] - The bank has launched a signature initiative called Capital Bank Immersion, which helps new employees connect with senior leaders and understand the bank's operations during onboarding [4] Company Overview - Capital Bancorp, Inc. operates with approximately $2.6 billion in assets as of September 30, 2024, and has branches in six locations, including Washington D.C. and Florida [5] - The bank has been providing financial services since 1999 and is traded on the NASDAQ Global Market under the symbol "CBNK" [5] Industry Context - The Best Banks to Work For ranking is based on anonymous employee surveys and a review of benefits, showcasing the importance of employee satisfaction in the banking industry [2][5]