The National Capital Bank of Washington Announces Stock Repurchase
Summary
Shares which have been tendered and not purchased by the Bank pursuant to this offer will be returned to the holders.NCB also operates residential mortgage and commercial lending offices and a wealth management services division.NCB product and service offerings include personal and business deposit accounts, robust online and mobile banking, sophisticated treasury management solutions, remote deposit capture and merchant processing – all delivered with top-rated personal service.Accordingly, readers should not place undue reliance on any forward-looking statements (which reflect managements analysis of factors only as of the date of which they are given).The Office of the Comptroller of the Currency granted approval for the stock repurchase on March 23, 2018 as required by 12 CFR 5.46 and 12 CFR 7.2020 and NCBs shareholders approved the stock repurchase at NCBs annual meeting of shareholders held May 23, 2018.