CBNK Capital Bancorp

OpenSky® Partners with The Balancing Act® on Lifetime TV to Empower Women Through Financial Wellness

OpenSky® Partners with The Balancing Act® on Lifetime TV to Empower Women Through Financial Wellness

ROCKVILLE, Md., Feb. 12, 2024 (GLOBE NEWSWIRE) -- OpenSky®, a division of Capital Bank, N.A., is thrilled to announce their upcoming segment on beloved morning show The Balancing Act®, airing on Lifetime TV February 12th at 7:30am EST + PST. The Balancing Act, hosted by Montel Williams and Olga Villaverde, offers practical solutions to enhance the everyday life of women navigating the everyday challenges of balancing it all. As part of the OpenSky® mission of empowering individuals through access to credit, the segment will educate the audience on ways to rebuild their credit to alleviate financial stress.

The Balancing Act® segment will feature the Vice President of Marketing for OpenSky®, Pamela Kohl, as she shares crucial knowledge around credit-building and financial empowerment. Ms. Kohl, reflecting on the segment, remarked, "As a working mother, I understand the challenges of managing finances while juggling multiple responsibilities and am proud of the positive impact OpenSky® has on many women’s lives."

Karl Dicker, President of OpenSky®, expressed his enthusiasm for the partnership, stating, "We are thrilled to collaborate with The Balancing Act® to reach and empower individuals seeking to improve their financial well-being. This partnership underscores our shared commitment to providing accessible resources and support to help individuals build a brighter financial future."

With an impressive 88% rate of application approval, OpenSky® serves as a lifeline for individuals with poor credit or lacking credit history. Offering high impact solutions, 2 out of 3 OpenSky® customers witness an average credit score increase of 41 points in just three months. As a purpose-led organization, OpenSky® is proud to collaborate with The Balancing Act® in empowering viewers to navigate their financial journeys with confidence.

About The Balancing Act®: The Balancing Act® is a morning show created and produced by BrandStar, offering sensible solutions and essential information in an engaging format. From delectable recipes to style transformations and expert insights on health and wealth, The Balancing Act® serves as a comprehensive resource for enhancing all aspects of life. Tune in weekdays at 7:30 a.m. (ET/PT) on Lifetime®, with previous episodes available on TheBalancingAct.com.

About OpenSky®: OpenSky®, a division of Capital Bank, N.A., provides accessible credit solutions to help individuals reclaim financial stability. OpenSky® Secured Visa® Credit Card is a secured credit card requiring no credit check for application and an 88% approval rate. OpenSky® Plus was awarded 2023 Best Credit Cards for Bad Credit and 2023 Best Secured Credit Cards. Capital Bank, N.A. is a Member FDIC and Equal Housing Lender (NASDAQ: CBNK).

For media inquiries, please contact: Chief Marketing Officer, JJ Kaye;



EN
12/02/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Capital Bancorp

 PRESS RELEASE

Capital Bank Welcomes Todd Warren as Market Executive for the Greater ...

Capital Bank Welcomes Todd Warren as Market Executive for the Greater Chesapeake and Baltimore Regions ROCKVILLE, Md., May 01, 2024 (GLOBE NEWSWIRE) -- Capital Bank (NASDAQ: CBNK) is pleased to announce the appointment of Todd Warren as Senior Vice President and Market Executive for the Greater Chesapeake and Baltimore regions. With over 26 years in banking, Mr. Warren brings invaluable expertise and insights to the bank. Mr. Warren will play a key role in Capital Bank’s C&I growth strategy by leading two C&I teams in Baltimore and Columbia, MD. "Todd's extensive industry knowledge and d...

 PRESS RELEASE

Capital Bancorp, Inc. Reports First Quarter 2024 Results

Capital Bancorp, Inc. Reports First Quarter 2024 Results Net Income of $6.6 million, or $0.47 per share. Net Income, as adjusted(1) of $7.1 million, or $0.51 per shareROAA of 1.15% and ROAE of 10.19% for 1Q 2024Adjusted Metrics(1) excluding Merger-Related Expenses: ROAA of 1.24% and ROAE of 11.03% for 1Q 2024 Loan Growth of $61.2 million, or 12.9% annualized for 1Q 2024Deposit Growth of $109.7 million; Noninterest bearing deposits increased $48.4 million, or 7.8% from 4Q 2023Cash dividend of $0.08 per share declared ROCKVILLE, Md., April 22, 2024 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc....

 PRESS RELEASE

Capital Bank Welcomes Anguel Lindarev as Chief Information Officer

Capital Bank Welcomes Anguel Lindarev as Chief Information Officer ROCKVILLE, Md., April 05, 2024 (GLOBE NEWSWIRE) -- Capital Bank (NASDAQ: CBNK), a leading commercial bank in the DC Metro Region, is pleased to announce the appointment of Anguel Lindarev as Executive Vice President and Chief Information Officer (CIO), effective immediately. With more than 25 years of experience in leading technology and innovation strategies, Mr. Lindarev brings a wealth of knowledge and expertise to Capital Bank's executive team. As CIO, Mr. Lindarev will partner with Capital Bank's CEO, Executive Manag...

 PRESS RELEASE

Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Ho...

Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc. Further Diversifies CBNK with a Niche C&I Business that is Capital Efficient, High-Return and Generates Meaningful Fee Income ROCKVILLE, Md., March 28, 2024 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. ("CBNK” or “Capital") (NASDAQ: CBNK) and Integrated Financial Holdings, Inc. (“IFH”) (OTCQX: IFHI) today announced that they have entered into a definitive merger agreement under which CBNK will acquire IFH in a cash and stock transaction valued at $66 million, exclusive of the value of a dividend to be receiv...

 PRESS RELEASE

OpenSky® Partners with The Balancing Act® on Lifetime TV to Empower Wo...

OpenSky® Partners with The Balancing Act® on Lifetime TV to Empower Women Through Financial Wellness ROCKVILLE, Md., Feb. 12, 2024 (GLOBE NEWSWIRE) -- OpenSky®, a division of Capital Bank, N.A., is thrilled to announce their upcoming segment on beloved morning show The Balancing Act®, airing on Lifetime TV February 12th at 7:30am EST + PST. The Balancing Act, hosted by Montel Williams and Olga Villaverde, offers practical solutions to enhance the everyday life of women navigating the everyday challenges of balancing it all. As part of the OpenSky® mission of empowering individuals through...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch