Capital Bank, N.A. Names Bob Kottler and Casey Berman to Board of Directors

Rhea-AI Summary

Capital Bank, N.A. has appointed Robert M. Kottler and Casey Berman to its Board of Directors, enhancing its leadership team. Kottler, with extensive experience in retail and small business banking, is expected to leverage his fintech knowledge for the bank’s growth. Berman, a venture capitalist with a focus on real estate and technology, will aid in identifying emerging technologies and partnerships to bolster the bank's tech-led strategy. Capital Bank, a Maryland-based institution, holds approximately $1.8 billion in assets and operates in the D.C. metro area.

Positive

• Robert M. Kottler's extensive experience in retail banking and technology is expected to strengthen Capital Bank's operations.
• Casey Berman’s venture capital background in real estate and fintech will help Capital Bank identify and leverage emerging technologies.

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• None.

ROCKVILLE, Md., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Maryland-based Capital Bank, N.A. is pleased to announce the appointment of Robert M. Kottler and Casey Berman to its Board of Directors. 

“Bob Kottler is an exceptional complement to our Board as he brings a wealth of experience in the retail and small business sectors to the Bank, especially in the technology space,” says Edward Barry, Chief Executive Officer at Capital Bank. “In fact, Bob is a natural fit for us, he has deep experience as an operating executive scaling all aspects of a business. His technology and fintech expertise will prove to be a big asset.”

Bob Kottler is Executive Vice President of Whiteclay, a leading provider of banking software and solutions company, after a 37-year banking career. In this role, he is responsible for regional bank relationships and partnership opportunities.

Prior to Whiteclay, Kottler was Executive Vice President and Director of Retail, Small Business and Mortgage for Iberia Bank. He was responsible for the retail segment, including digital sales and service, direct bank and call centers, retail operations, product management, payments including debit and credit cards, branch support, small business and mortgages.

Previous roles include Executive Vice President for Small Business Banking for Capital One Bank, and Senior Executive Vice President and Chief Sales Support Officer at Hibernia Corporation. 

Casey Berman is the Founding Partner and Managing Director of Camber Creek. He founded Camber Creek in 2011 to bring technology to the real estate industry.  Casey leads the due diligence process for potential investments, makes investment decisions and participates in the management of portfolio companies. Prior to Camber Creek, Casey was President of Operations for one of Washington DC’s largest privately held real estate development and management companies. 

“We’re very excited about the addition of Casey Berman as a Board member.  He brings a wealth of experience as a venture capitalist focused on real estate and the fintech space.  His ability to identify emerging technologies and potential partnerships will serve us well as we continue executing on our technology led strategy.”  

About Capital Bank, N.A.
Capital Bank is a wholly owned subsidiary of Capital Bancorp, Inc., and is the seventh largest bank headquartered in Maryland at March 31, 2020.  Capital Bank has been providing financial services since 1999 and operates bank branches in five locations in the greater Washington, D.C., Northern Virginia/ Baltimore metro area.  Specializing in adapting traditional and current digitally based banking products to solve its customers’ most pressing needs and providing personalized services; Capital Bancorp had assets of approximately $1.8 billion at June 30, 2020 and its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.”

FINANCIAL CONTACT: Alan Jackson (240) 283-0402

MEDIA CONTACT: Ed Barry (240) 283-1912

WEB SITE: www.CapitalBankMD.com 

FAQ

Who are the newly appointed Board members of Capital Bank, N.A. in 2020?

Robert M. Kottler and Casey Berman have been appointed to the Board of Directors of Capital Bank, N.A.

What experience does Robert M. Kottler bring to Capital Bank?

Kottler brings extensive experience in retail and small business banking, specializing in technology and fintech.

How will Casey Berman contribute to Capital Bank's strategy?

Berman will focus on identifying emerging technologies and partnerships, enhancing the bank's technology-led strategy.

What is Capital Bank's asset size as of June 30, 2020?

Capital Bank had assets of approximately $1.8 billion as of June 30, 2020.

Under what stock symbol is Capital Bank traded?

Capital Bank is traded on the NASDAQ Global Market under the symbol 'CBNK'.