Capitol Federal Savings Bank

#6025

Rank

$741.4M

Marketcap

United States

Country

Leadership team

Mr. John B. Dicus (Chairman, Pres & CEO)

Mr. Kent G. Townsend (Exec. VP, CFO & Treasurer)

Ms. Natalie G. Haag (Exec. VP, Gen. Counsel & Corp. Sec.)

Products/ Services

Finance

Number of Employees

500 - 1000

Headquarters

Topeka, Kansas, United States

Established

1993

Company Registration

SEC CIK number: 0001490906

Net Income

100M - 500M

Revenue

100M - 500M

Traded as

CFFN

Social Media

URL

https://capfed.com

Overview

Location

Recognition and Award

References

Summary

Capitol Federal Financial, Inc. operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products, including savings accounts, money market deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit. It also provides various loan products, such as one- to four-family residential real estate loans, commercial real estate and commercial construction, and commercial and industrial loans, as well as consumer loans, which include home equity, lines of credit, home improvement, and vehicle loans, as well as loans secured by saving deposits. In addition, the company offers mobile, telephone, and online banking services, as well as bill payment services; operates a call center; and invests in various securities. As of September 30, 2022, it operated a network of 54 branches, including 45 traditional branches and nine in-store branches located in nine counties throughout Kansas and three counties in Missouri. The company serves the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia, and Salina, Kansas, and a portion of the metropolitan area of greater Kansas City. Capitol Federal Financial, Inc. was founded in 1893 and is headquartered in Topeka, Kansas.

History

Throughout its history, Capitol Federal has maintained its commitment to the American dream of homeownership and dedication to its corporate philosophy of Safety in Savings, Sound Lending Policies, Quality Customer Service and Commitment to Community.

HighlightsSeptember 16, 1893

A group of 15 men gathered for the first time to form a savings and loan.

July, 1899

The association changed its name to the Capitol Building and Loan Association.

1926

Henry A. Bubb was hired.

1938

Capitol Building and Loan Association changed its name to Capitol Federal Savings and Loan Association. In difficult times, the association stood at $6 million in total assets, half of what it had been prior to the Crash of 1929. Although these were challenging times, the association came out stronger, leading to an era of success.

1941

Capitol Federal board of directors named Henry A. Bubb as president of the association.

1943

The association became “the largest federally insured association in the state.”

1950

Assets grew to more than $19 million; and the first branch office in Kansas was opened at 1201 Topeka Boulevard in Topeka.

1958

Assets reached $100 million.

March 1959

John C. Dicus joined the association

1960

Capitol Federal installed its first "computer" - a Univac "tab" machine - in the Home Office at 6th and Kansas in Topeka.

December 9, 1961

Capitol Federal's new Home Office opened at 700 South Kansas Avenue in Topeka on December 9, 1961. The office reflected the times with the inclusion of a Civil Defense bomb shelter in the basement.

1972

CapFed took the lead in technological advances with the installation of an online data processing system.

1974

The association introduced the Passcard.

1975

Association became second savings and loan association in the nation to offer customers off-premises access to their accounts.

1977

Capitol Federal reached $1 billion in assets.

1989

Chairman Henry A. Bubb died in January 1989. John C. Dicus was then named chairman.

1993

Capitol Federal reached its 100th anniversary, with assets of more than $3.9 billion.

October 1996

John B. Dicus was elected president, with John C. Dicus continuing as chairman and CEO.

March 31, 1999

Capitol Federal's Plan of Reorganization and Stock Issuance Plan is successfully completed, transforming Capitol Federal from a mutual savings association to a stock savings bank. Capitol Federal Savings and Loan Association now known as Capitol Federal Savings Bank. The Capitol Federal Foundation was established, as part of the reorganization.

2001

Capitol Federal introduced True Blue Online

January 2009

John C. Dicus honored for 50 years of service to Capitol Federal. Due to the board's mandatory retirement age, John C. Dicus retired as chairman from the board, continuing as chairman emeritus. John B. Dicus was elected chairman of the board, now serving as chairman, president and CEO.

2010

The year 2010 was highlighted by the second-step conversion from a mutual holding company form of organization to a stock form of organization, completed in December 2010. At that time, Capitol Federal Financial was succeeded by Capitol Federal Financial, Inc.

2013

During the Capitol Federal Financial, Inc. annual meeting in January 2014, Chairman Dicus announced results from Fiscal Year 2013, including total assets of $9.19 billion, total loans of $5.96 billion, and total deposits of $4.61 billion.

Mission

We aim to provide exceptional products and services to our customers, always exceeding their expectations of convenience, trustworthiness, and satisfaction.

Vision

We strive to be the preferred institution of our customers, providing financial products and services incorporating technology, convenience, modernity, safety and excellent service.

Key Team

Mr. Rick Cordell Jackson (Chief Lending Officer and Exec. VP)

Mr. Robert D. Kobbeman (Exec. VP & Chief Commercial Banking Officer)

Mr. Anthony S. Barry J.D. (Exec. VP & Chief Corp. Services Officer)

Ms. Tara D. Van Houweling (First VP, Principal Accounting Officer & Reporting Director)

Mr. Daniel L. Lehman (Exec. VP & Chief Retail Operations Officer)

Recognition and Awards

Capitol Federal Savings Bank has been recognized by the FDIC, Forbes and other publications as one of the top banks in the US in terms of quality of service, financial stability, customer service and innovative products.