The Bank Slate


Capital Funding Bancorp in Md. shakes up management roles

Capital Funding Bancorp in Baltimore didn’t have to look far to find its new bank CEO.

The holding company for the $5 billion-asset CFG Bank said in a press release that Jack Dwyer had become the bank’s CEO. Dwyer is the company’s chairman and CEO.

Dwyer succeeded Bill Wiedel.

Separately, Erik Howard was named president and chief operating officer at the company and the bank. Chris Chick, the bank’s COO, was also named its chief administrative officer.

Chris Zoeller was named chief lending officer for commercial banking, while Tim Eberhardt was named chief lending officer for bridge loans.

Capital Funding recently raised $160 million in capital, including $125 million from J.C. Flowers & Co.

“Over the past few years, we’ve grown to be the largest bank headquartered in Baltimore and among the five largest healthcare bridge-to-HUD lenders in the country,” Dwyer said in the release.

“These milestones can be attributed to our entrepreneurial approach to banking and lending that differentiates us in the market,” Dwyer added. “Following the completion of our capital raise and with our new leadership team in place, we’re well positioned to capitalize on strategic opportunities and continue our track record of consistent, profitable growth.”

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