National Capital Bank Hires Matt Santmyer as Strategic Projects Director

Rhea-AI Summary

National Capital Bank (NACB) has appointed Matthew W. Santmyer as Senior Vice President, Strategic Projects Director. With over 25 years in the financial industry, Santmyer will focus on implementing new products and services, enhancing operational efficiencies, and pursuing strategic growth opportunities. His background includes expertise in commercial lending and portfolio management. CEO Richard B. Anderson emphasized Santmyer's role in improving processes to better serve clients. NCB, founded in 1889, is based in Washington, D.C., and offers a variety of banking services.

Positive

• Appointment of Matthew W. Santmyer is expected to enhance strategic initiatives.
• Santmyer's extensive experience (25+ years) in financial industry positions NCB for potential growth.

Negative

• None.

WASHINGTON--(BUSINESS WIRE)-- National Capital Bank (NCB) announced today that Matthew W. Santmyer has joined the Bank as Senior Vice President, Strategic Projects Director.

National Capital Bank, Senior Vice President, Strategic Projects Director, Matt Santmyer (Photo: Business Wire)

Matt has over 25 years of experience in the financial industry with a concentration in commercial lending, portfolio management and credit analysis at local community banks. He will be responsible for executing the Company’s new products and services initiatives, collaborating with business line leaders to ensure process efficiencies, and identifying opportunities for strategic growth. Matt has a Bachelor of Science in Psychology from the University of Mary Washington; he is a graduate of Risk Management Association’s Advanced Commercial Lending School and the Virginia Bankers School of Bank Management.

“Matt’s experience in planning and coordinating strategic initiatives will be key as we continue to enhance process efficiencies in our various operating environments to best serve our clients,” said Richard B. (Randy) Anderson, Jr., Chief Executive Officer.

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/20220712005225/en/

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

James (Jimmy) Olevson, President

National Capital Bank

202-546-8000

Source: National Capital Bank

FAQ

Who is Matthew W. Santmyer?

Matthew W. Santmyer is the newly appointed Senior Vice President, Strategic Projects Director of National Capital Bank, bringing over 25 years of financial industry experience.

What is the role of Matthew Santmyer at NACB?

Santmyer will be responsible for executing new products and services, improving process efficiencies, and identifying growth opportunities.

What is the significance of Santmyer's appointment for NACB?

His appointment is aimed at enhancing operational efficiencies and driving strategic growth within the bank.