Sunday, April 19, 2009

National Capital Bank of Washington Named “Strongest” Bank in Washington, DC

From the web site

The National Capital Bank of Washington (NCB) announced today that Weiss Ratings, the nation’s only independent provider of ratings and analyses covering the financial services industry, awarded them an A+ rating for safety and named the bank among the “20 Strongest Banks and Thrifts” in the nation. NCB stands alone as the only bank in the Washington, DC, metropolitan area to receive this rating.

“We have labored hard over many years to maintain the integrity and superior capital structure of our bank. It’s rewarding to have this kind of acknowledgement of our efforts,” explains James M. Didden, president of National Capital Bank of Washington. “We’ve had 120 years of consecutive positive earnings and dividends to our shareholders. Last year was one of our top performing years, despite the tumultuous banking environment. Unlike many of our competitors, we have money available and ready to lend to applicants with good credit. Our basic loan underwriting standards have not changed in many years and we avoid the trendy types of products that have caused trouble in our industry.”

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