National Capital Bank Adds to Construction and Commercial Lending Teams

Rhea-AI Summary

National Capital Bank (NACB) has announced the addition of Bradley J. Duncan as Senior Vice President, Construction Lending Director, and Sean A. Biehl as Vice President, Commercial Loan Officer, to its lending team. With a combined 45 years of experience in real estate lending and commercial banking, both are expected to drive growth in the bank's lending portfolio. Duncan will focus on managing construction loans, while Biehl will enhance client relationships in the Northern Virginia area. This move aligns with NCB's strategic plan to expand business lending services in the Metropolitan Washington market.

Positive

• Appointment of experienced professionals enhances lending capabilities.
• Strategic growth in construction and commercial lending sectors.
• Focus on local business needs in the Metropolitan Washington area.

Negative

• None.

WASHINGTON--(BUSINESS WIRE)-- National Capital Bank (NCB) announced today that Bradley J. Duncan and Sean A. Biehl have joined the Bank’s lending team – Brad as Senior Vice President, Construction Lending Director and Sean as Vice President, Commercial Loan Officer.

National Capital Bank, Senior Vice President, Construction Lending Director, Brad Duncan

With 29 years of real estate lending experience, Brad will be responsible for managing NCB’s construction portfolio and developing new lending opportunities focused on new construction, renovation and expansion for the home building, multi-family, office, retail and industrial sectors. Originally from Alabama, Brad has both a Bachelor’s and Master’s degree in Business Administration from Auburn University and completed the Graduate School of Banking at Louisiana State University. He now resides in Northern Virginia.

Sean’s banking career spans more than 16 years, starting with management positions in branch banking, before transitioning to a credit analyst and commercial loan officer. Building on his experience in the Northern Virginia market, Sean will be responsible for cultivating new C&I client relationships. Sean has a Bachelor of Science in Finance and Accounting with a minor in Business Administration from University of Maryland. He is a graduate of Leadership Loudoun and Leadership Fairfax Emerging Leaders Program. He lives in Loudoun County.

“We are thrilled to have Brad and Sean join NCB’s outstanding team of local commercial lenders. Their industry experience fits perfectly with the Bank’s strategic plan to expand our business lending activities,” said Richard B. (Randy) Anderson, Jr., Chief Executive Officer. “Our team is now better positioned to meet the financing needs of more local businesses in the Metropolitan Washington market,” continued Anderson.

National Capital Bank, a wholly owned subsidiary of National Capital Bancorp, Inc. (OTC Pink: NACB), was founded in 1889 and is Washington’s Oldest Bank. NCB is headquartered on Capitol Hill with offices in the Friendship Heights community in Northwest D.C., the Courthouse/Clarendon community in Arlington, Virginia and the Fox Hill senior living community of Bethesda, Maryland. NCB also operates residential mortgage and commercial lending offices and a wealth management services division. NCB product and service offerings include personal and business deposit accounts, robust eBanking, sophisticated treasury management solutions, remote deposit capture and merchant processing – all delivered with top-rated personal service. NCB is well-positioned to serve all the banking needs of those in our communities. For more information about NCB, visit www.nationalcapitalbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005861/en/

Richard B. (Randy) Anderson, Jr., Chief Executive Officer

James (Jimmy) Olevson, President

Company: National Capital Bank

Phone: 202-546-8000

Source: National Capital Bank (NCB)

FAQ

Who are the new team members at National Capital Bank (NACB)?

Bradley J. Duncan has joined as Senior Vice President, Construction Lending Director, and Sean A. Biehl as Vice President, Commercial Loan Officer.

What are the responsibilities of Bradley J. Duncan at NACB?

Duncan will manage the construction portfolio and develop new lending opportunities, focusing on various sectors including home building and industrial.

What role will Sean A. Biehl play at NACB?

Biehl will cultivate new client relationships in the commercial and industrial lending space.

How does National Capital Bank (NACB) plan to expand its lending activities?

The bank aims to enhance its business lending activities by leveraging the expertise of new hires in its strategic planning.

When was National Capital Bank (NACB) founded?

National Capital Bank was founded in 1889.