ROCKVILLE, Md., July 12, 2024 (GLOBE NEWSWIRE) — Capital Financial institution is happy to announce the appointment of Dominic C. Canuso, CFA, as the brand new Chief Monetary Officer (CFO) for Capital Bancorp (NASDAQ:), Inc. and Capital Financial institution, N.A. A seasoned public firm govt with a strong background in finance and operations, Mr. Canuso will formally be a part of the group on July 15, 2024, reporting on to CEO Ed Barry.
Dominic brings a wealth of expertise to Capital Financial institution, having most not too long ago served as EVP and CFO at WSFS Financial institution whereas additionally serving because the Government Chief of the Money Join line of enterprise. Over seven years, he was instrumental in driving the strategic path of the financial institution together with quadrupling the scale of the financial institution, producing report earnings, considerably enhancing know-how options, and maturing operations. Previous to WSFS, Dominic spent practically a decade at Barclays Financial institution, final serving as the road of enterprise CFO for the US Credit score Card enterprise. Dominic has additionally beforehand labored at Advanta Financial institution and Arthur Andersen Consulting.
Ed Barry, CEO of Capital Financial institution, commented on the appointment, stating, We’re thrilled to welcome Dominic to our govt staff. His distinctive capability to drive each natural and inorganic progress, coupled along with his strategic and operational experience, makes him the proper match for Capital Financial institution as we proceed to develop. Dominic’s confirmed management in remodeling monetary operations and delivering substantial progress shall be invaluable as we advance our imaginative and prescient of a diversified monetary companies firm.
I’m excited to hitch such a strategic, revolutionary, and skilled management staff, mentioned Mr. Canuso. I sit up for supporting Capital Financial institution execute on its strategic priorities, construct on its momentum, and ship significant progress ensuing from the numerous alternatives that lie forward throughout the varied enterprise strains.
Dominic is a CFA Constitution holder and acquired each a Bachelor of Science in Finance and an Government MBA in Technique and Management from Villanova College.
About Capital Financial institution
Capital Financial institution has been offering distinctive banking companies since its inception in 1999. With over 25 years of expertise, we’ve got grown right into a publicly traded firm with greater than $2.3 billion in property as of March 31, 2024 (NASDAQ: CBNK). At Capital Financial institution, we delight ourselves on banking on human potential. Our dedication to human-centric banking has allowed us to make sound banking choices primarily based on components past simply what’s on paper. As a member of the Federal Reserve Financial institution system, Member FDIC, and Equal Housing Lender, we’re dedicated to serving to our clients obtain their targets whereas upholding our fiduciary obligation to our shareholders.
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Capital Financial institution, N.A.
Media Contact: Bryon Stevens
Investor Relations
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