The year 2007 will always hold a special place in the hearts of those associated with the early history of Ohio Commerce Bank.
First, it will be remembered for the special relationship built with Capitol Bancorp when we became the 50th affiliate to open and operate under the Capitol banner. Also, it will be remembered for the commitment of a most dedicated, professional staff, implementing the many new systems associated with the modern products and services offered to businesses, professionals and retail customers of the bank.
| We became the 50th affiliate to open and operate under the Capitol banner. |
On November 2, 2007 our team and supporters celebrated the bank’s first anniversary with many reasons to be proud. Ohio Commerce Bank became the first new bank to be chartered in Cuyahoga County in the past 16 years.
Ohio Commerce Bank opened in temporary offices with a team of nine experienced bankers. In April, we moved into sparkling new offices and on May 9, 2007, hosted a formal grand opening event, which was attended by 250 guests. As we celebrated our anniversary, we were grateful for the many contributions received throughout this journey. Playing key roles were the Capitol Bancorp team, our board of directors, and most importantly, our enthusiastic staff.
Our achievements were considerable. We exceeded our noninterest deposit to total deposit ratio. A state-of-the-art Internet cash management product was made available to our customers and they responded positively by opening the highest number of new accounts in the eastern region. We received the 2007 Emerging Bank of the Year Award, from the Growth Capital Corporation, our area’s SBA 504 certified development company. And last but not least, we were featured in the business section of The Cleveland Plain Dealer on November 23, 2007.
Looking forward, Ohio Commerce Bank will continue to build on its brand and tagline, “It’s All About Attention,” focus on meeting aggressive business goals, develop and diversify the board, and maintain our commitment to excellence in all we do.
— Dell R. Duncan, President & CEO