National Capital Bank Responds To Recent Bank Closures

As a community bank that has weathered many challenges in our 134-year history, National Capital Bancorp, Inc. (NACB: OTC US) remains well-positioned to serve our customers and communities for years to come. We are strong, and the banking system remains resilient. Community banks like National Capital Bank (NCB) have always been focused on safety and soundness as part of our traditional and relationship-based business model.

Silicon Valley Bank (SVB) is the first bank closure in this country in almost three years, a testament to the resiliency of America’s banks and their ability to support the economy and the communities they serve despite a global pandemic, rising inflation, and an unprecedented increase in interest rates. Additionally, SVB and Signature Bank’s closures were due to unique risk factors that are not representative of the banking industry as a whole – but to very niche banking profiles.

NCB has implemented a range of safeguards to ensure your finances remain secure. Our bank has a well-diversified deposit base and maintains strong capital levels according to regulatory requirements. We are not in the cryptocurrency business, nor are we heavily leveraged in the tech industry.

Our experienced team of bankers — your branch manager, commercial loan officer, Executive Management, and our CEO — stand ready to always assist you with any of your questions or concerns. Please call on us at any time. Thank you for putting your trust in National Capital Bank; we appreciate your business and will continue to uphold our very high standards for a safe and sound banking partnership for years to come.

Visit our website to learn more about the protocols we take to protect your finances: https://www.nationalcapitalbank.bank/news/national-capital-bank-responds-to-recent-bank-closures