An update for North Riverside customers
Capital Bank has agreed to sell its North Riverside branch to another community bank. This branch sale is separate from Capital Bancorp’s announced combination with Peoples Bancorp. The sale has not yet closed and remains subject to required approvals.
For now, please continue banking as usual. You do not need to take any action. We will contact affected customers directly with details and instructions as the transition plans are finalized.
Frequently Asked Questions
What is happening to the North Riverside branch?
Capital Bank has entered into an agreement to sell the branch to another community bank. Until the sale closes, North Riverside remains a Capital Bank branch.
Is this part of the combination with Peoples Bancorp?
No. The North Riverside branch sale is a separate transaction. We will explain directly to affected customers what the branch sale means for their accounts and services.
Do I need to do anything now?
No. Please continue using your accounts and banking services as you normally would. We will tell you if and when you need to take any steps.
Will my account number, checks or debit card change?
There are no changes you need to make today. We will provide specific information about your accounts, checks and cards before any action is required.
What about online banking, direct deposit and automatic payments?
Continue using these services as you do today. If the branch transition requires changes to any of them, we will send you instructions in advance.
Can I still visit the North Riverside branch?
Yes. The branch continues to serve customers as part of Capital Bank while the sale is pending. We will share information about the transition as it becomes available.
When will the sale be completed?
We do not have a closing date to share yet. The sale is subject to required approvals and other closing conditions. We will keep customers informed as the timing becomes clearer.
How will I receive updates?
We will contact affected customers directly using our usual communication channels. Please make sure your contact information with Capital Bank is current. If you have questions now, contact your North Riverside branch team or use the phone number on your statement.
