Bank celebrates branch anniversary

Real Estate Weekly, May 22, 2002

Community Capital Bank celebrated the first anniversary of its Sunset Park branch this evening by thanking its branch customers and the Sunset Park community for welcoming the bank to the area. Dozens of customers and community leaders attended the event, which was held at the branch located at 140 58th St., at the Brooklyn Army Terminal.

"Thanks to you the Sunset Park branch surpassed our original projections by 30% during the first full year of operation," Charles F. Koehler, president and CEO of Community Capital Bank told the group. "Since we opened the branch, we have been able to attract a significant number of established middle market companies and tap into a new source of deposits."

Community Capital Bank has also become involved in many local activities in Sunset Park, including serving Thanksgiving dinner to the needy at the Salvation Army Sunset Park Corps every year and collaborating with the Sunset Park Lions Club on a recent toy drive and health fair. In recognition of its civic contributions, the Sunset Park Lions Club recognized Community Capital Bank as Bank of the Year in 2001.

Community Capital Bank's Sunset Park Branch officially opened on Dec. 15, 2000, at a ribbon-cutting ceremony attended by New York State Comptroller H. Carl McCall, former borough president Howard Golden, and other dignitaries and customers.

At the ribbon-cutting ceremony, McCall presented Community Capital Bank with a check for $10 million in State funds as part of a statewide initiative designed to promote economic development in communities in need of greater banking services.