Capitol Federal Savings Bank

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Capitol Federal Savings Bank is a publicly traded financial institution that offers personal and commercial banking services. The company was founded in 1893 and is headquartered in Topeka, Kansas. It was initially known as Capitol Building and Loan Association and changed its name to Capitol Federal Savings and Loan Association in 1955. In 1983, it was renamed to Capitol Federal Savings Bank.
The bank operates through a network of approximately 60 branches in Kansas and Missouri. It offers a range of banking products and services, including checking and savings accounts, mortgages, personal loans, credit cards, and investment services. The bank also offers online and mobile banking options for its customers.
Capitol Federal Savings Bank prides itself on its long-standing commitment to providing exceptional customer service and being a reliable financial partner to its customers. The bank has received numerous awards and recognition for its strong financial performance and customer satisfaction.
In addition to its banking services, Capitol Federal Savings Bank is also involved in community outreach programs and charitable giving initiatives. It has a strong focus on supporting education, affordable housing, and community development in the areas it serves.

1. Long History: Capitol Federal Savings Bank has been in operation for over 125 years, making it one of the oldest continuously operating banks in the United States.
2. Local Community Focus: Despite its size and success, Capitol Federal Savings Bank has maintained a commitment to its local community, with a focus on providing excellent customer service and supporting various charitable causes.
3. Strong Financial Performance: The bank has consistently been recognized for its strong financial performance, with high ratings from credit rating agencies and a long history of profitability.
4. Mutual Ownership Structure: Capitol Federal Savings Bank is a mutual savings bank, meaning it is owned by its customers rather than shareholders. This allows the bank to prioritize the needs of its customers and maintain its community-focused approach.
5. Conservative Lending Policies: The bank is known for its conservative lending policies, which have allowed it to weather economic downturns and maintain stability throughout its history.
6. Employee Ownership: In addition to being owned by its customers, Capitol Federal Savings Bank offers an employee stock ownership plan (ESOP) to its employees, giving them a stake in the bank’s success.
7. Innovative Products and Services: Despite its traditional roots, the bank has embraced technology and offers a variety of innovative products and services, including online and mobile banking, to its customers.
8. Strong Ethical Values: Capitol Federal Savings Bank prides itself on operating with strong ethical values, including honesty, integrity, and fairness in all aspects of its business operations.
9. Recognition and Awards: The bank has received numerous awards and recognition for its exceptional customer service, financial performance, and community involvement.
10. Commitment to Sustainability: Capitol Federal Savings Bank is committed to sustainability, implementing environmentally-friendly practices and supporting sustainable initiatives in the communities it serves.

Capitol Federal Savings Bank is a financial institution that primarily operates as a traditional mutual savings bank, which means it is owned by its depositors rather than shareholders. As such, its business model is focused on providing financial services to its customers while also maintaining the financial stability and growth of the institution.
The company’s main source of revenue is from the interest on loans and investments, as well as fees from various banking services such as checking and savings accounts, mortgages, and consumer loans. Capitol Federal Savings Bank also generates income from its investments in securities and other financial instruments.
In addition to these core services, the company also offers specialized financial products and services, such as retirement planning, wealth management, and insurance. These services aim to meet the diverse needs of its customers and generate additional revenue streams.
Capitol Federal Savings Bank’s business model also includes a strong focus on prudent financial management, cost control, and risk management to ensure the long-term sustainability and success of the company.
Overall, the company’s business model is centered around providing reliable and secure financial services to its customers, while maintaining a strong financial position and promoting growth and profitability.

1. Capitol Federal Savings Bank is known by many as CapFed and is based in Topeka, Kansas.
2. The bank was founded in 1893 and has been in operation for over 125 years.
3. It was originally called Capitol Building and Loan Association and changed its name to Capitol Federal Savings and Loan Association in 1931.
4. The bank received national recognition in the late 1980s when it became one of the first institutions to offer adjustable rate mortgages.
5. Capitol Federal has over 50 locations in Kansas and Missouri.
6. The bank has consistently been recognized as one of the best banks in the country by Bankrate.com, Forbes, and other financial institutions.
7. Capitol Federal is a mutual bank, meaning it is owned by its customers and not shareholders.
8. The bank has a strong commitment to giving back to the community and supports various charitable organizations and events.
9. Capitol Federal is the largest savings and loan in Kansas and one of the largest in the country with assets totaling over $9 billion.
10. The bank offers a variety of financial products and services including checking and savings accounts, mortgages, personal and business loans, and insurance.