26.05.2010 18:44:00
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National Capital Bank – Only A+ Rated Bank in the DC Metro Area
The National Capital Bank of Washington (NCB) has once again been rated A+ by Weiss Ratings making it the only bank in the DC Metro area to receive this exceptional distinction. NCB is also the only bank in the District of Columbia to be recognized as one of the Strongest Banks and Thrifts in the United States.
"In today’s world of big bank failures the general public deserves to know the health and stability of the banks in their community. Consumers should make informed decisions and feel confident about where they are putting their money,” says Richard Didden, CEO of NCB.
In an alarming report released this week by Weiss Ratings, several big banks are noted as having vulnerabilities due to poor financial conditions. Included in this report are some of the largest national and regional banks in the DC area.
Weiss Ratings is the nation's only independent provider of ratings and analyses covering the financial services industry. Additional information can be obtained by registering at http://www.weissratings.com/learn-more.php?sc=WRAT&ec=a06470. In addition, the press release from Weiss Ratings can be viewed here http://www.weissratings.com/news-releases/general-2010-05-24.html.
The National Capital Bank of Washington was founded in 1889 and has been managed by the Didden family for 121 years. NCB has assets of $298.5 million and is headquartered on Capitol Hill with a second branch located in Friendship Heights. The bank has been recognized over the last decade with numerous accolades for its safety and soundness, exceptional performance, small business lending, and for being named one of the top banks and thrifts, a 100-year old small business of the year, and top commercial lender. NCB trades under the symbol NACB. For more information about NCB, go to www.nationalcapitalbank.com.
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