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Additional information |
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Capitol Bank |
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Mission statement:
Capitol Bank will remain an independent provider of quality, personal financial services designed for the retail customer and small to medium size businesses in Dane County. To achieve Capitol Bank’s vision, the Bank will focus on building and maintaining loyal relationships through a commitment to a strong set of values. |
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Vision:
We will increase our loyal customer base by being known as the financial institution that consistently exceeds customer expectations. |
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History:
In 1994, a group of Madison banking professionals gathered to discuss the need for a locally-owned, independent bank dedicated to serving the needs of individuals and businesses in the Madison community. By focusing on local decision-making, outstanding personal service and deep roots in the community, they hoped to offer consumers a bank focused on people, not profits.
Their dreams came to fruition on October 9, 1995, when Capitol Bank officially opened for business – in a trailer on the grounds of the construction site! In May of the following year, the Capitol Bank operations and staff moved into the beautiful new building, and we’ve been at this location ever since.
When we first opened our doors, we had $5 million in capital, representing the bank’s total asset base. After the first full year in business, Capitol Bank reported assets of $35.6 million. In 2006, Capitol Bank planted roots in the Verona community with the opening of our office at 108 E. Verona Avenue.
Over the years, Capitol Bank has continued to grow and thrive by staying true to our foundation. We remain committed to giving back to our communities, and to helping businesses and individuals succeed by building relationships that truly make a difference.
Noteworthy News about Capitol Bank
Capitol Bank gains approval (WSJ, 3/9/95)
The Banking Review Board recently approved the application of Capitol Bank, whose investors include former Badger and New York Jets wide receiver Al Toon…. the new bank hopes to open in temporary quarters in June.
New west-side bank to open (Cap Times, 6/7/95)
"We’re going to be a bank that personally services the needs of our customers, not one that refers them to 800 numbers and teller machines" Dolister said. "There is definitely a niche for locally owned, locally controlled banks in this age of decreasing personal contact," said Hildebrandt… "We aren’t going to charge people for using our human tellers… we are going to encourage them to do just that…."
Taking the Plunge (The Business Journal, 10/28/95)
Industry observers say the trend is happening for a reason: There really is a place for small, community banks. These banks, if they specialize in services that differentiate them from big banks, can be a formidable part of the industry.
Vault goes in first (WSJ, 12/26/95)
Now that the vault is in, construction workers will be able to put the roof on the Capitol Bank at 710 N. High Point Road, near the beltline and Old Sauk Road….the vault door alone weighs more than 2 tons.
Capitol Bank is locally owned so it can be more independent (Cap Times, 4/2/97)
…. Clearly established a niche for itself….When shareholders meet for the annual meeting later this month, they will celebrate a stunning success… bank has grown to over $58 million in assets, far exceeding initial projections of $27 million by end of the second year of operation… |
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