ROCKVILLE, Md., Oct. 11, 2022 (GLOBE NEWSWIRE) — Capital Bank, NA (the “Bank”) has appointed Steven M. Poynot as Chief Operating Officer, effective immediately.
“We are very pleased to have Steve join our senior management team,” said Ed Barry, the bank’s CEO. “His background and experience complements the depth and knowledge of our team and will serve our bank well as we continue to execute on our strategic plan. Steve brings a wealth of sales, operations, technology and credit experience that has helped banks develop and grow.”
Poynot, formerly Executive Vice President and Chief Operating Officer of F&M Trust, brings extensive regional banking experience to his new role. Prior to his position at F&M Trust, Poynot was at Howard Bank where he served as executive vice president and chief information officer, director of corporate communications and corporate strategy. Poynot worked in both the deposit and lending businesses and as Chief Credit Officer during his 17 years at Howard Bank.
Karl Dicker, who previously held the position of Chief Operating Officer, has been appointed President of OpenSky® & fintech. “Karl has been instrumental in the development and growth of OpenSky®. Allowing him to focus his attention on these lucrative growth opportunities is consistent with our strategic plan,” said Barry.
ABOUT CAPITAL BANK, NA
Capital Bank, NA is the fourth largest bank headquartered in Maryland as of June 30, 2022. Capital Bank has been providing financial services since 1999 and now operates bank branches in five locations in the Washington, DC metropolitan area, Northern Virginia and Baltimore, Maryland. Capital Bank is a wholly owned subsidiary of Capital Bancorp, Inc., which had approximately $2.2 billion in assets as of June 30, 2022, and its common stock is traded on the NASDAQ Global Market under the symbol “CBNK.” Visit the company’s website for more information www.CapitalBankMD.com on its investor relations page.
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