Capital G’s New Branch On Church St.

November 22, 2011

Capital G Bank Limited opened of its new bank branch in Hamilton earlier this month. The First Bermuda Group Ltd. [FBG] location in the Maxwell Roberts Building at 1 Church Street was converted into a Capital G Bank branch, providing all Capital G clients with the option of access to teller transactions and personal financial services at two convenient locations.

A spokesperson said, “The Capital G Bank branch at 19 Reid Street will continue to offer the full suite of Capital G Bank retail banking services which encompass Teller transactions and Savings and Deposit services, Mortgages and Lending, Business Banking, Private Banking and integrated Wealth Management with Investments and Trust.

“As a result of the amalgamation and the transfer of assets from FBG, Capital G will become Bermuda’s largest privately-held full-service bank and deposit-taking company with combined deposits in excess of $1.24 billion, a loan portfolio of $970 million and a team of more than 200 employees.”

Pictured at the new branch, from left to right: Douglas C. Selley, Capital G Bank Limited; Coralita Hartherley, Capital G Bank Limited Supervisor of Teller Operations, Branch Banking,; Ian Truran, President & CEO, Capital G Bank Limited and Capital G Trust Limited; Angela Brangman, Capital G Bank Limited, Senior Vice President, Service Delivery, Branch Banking, and Michael Veale, Capital G Bank Limited, Senior Vice President, Personal and Commercial Banking, Capital G Bank Limited.

Ian Truran, President and CEO of Capital G Bank Limited and Capital G Trust Limited said, “We are proud to mark the opening of our second Capital G branch. Coinciding with our 10th Year Anniversary, this is a clear indication of the growth and development of Capital G as a full-service bank for Bermuda.”

Mr. Truran said, “We look forward to continuing to evolve as a full-service bank to support the needs of the community through continued growth and the introduction of products and services that meet the needs of consumers in Bermuda. We welcome all of our clients to each of the respective locations and are excited to be able to provide banking products and services to former FBG clients.”

Former FBG clients will have access to the full suite of Capital G’s Banking and Wealth Management products and services including Trust and Estate Management, and expanded Card Services that include Debit and Credit Cards.

In addition, they will gain access to Business Banking products and services, e-Banking, BSX services, a centralized Lending Centre, a centralized Call Centre, and access to teller services and financial services at both Branch locations with a dedicated teller line at the 19 Reid Street Branch.

They will also be able to continue banking with their same Relationship Managers and Tellers, using the same account numbers and mortgage and loan payment schedule, subject to the terms and conditions of their individual loan agreement.

Capital G clients gain the advantage of access to enhanced retail brokerage services that Capital G is now able to offer as result of the acquisition, in addition to access to Teller and Financial Services at the two Branch locations.

Mr. Truran said, “Our team has done a tremendous job throughout the integration process and I commend them for the technical works that have taken place to prepare for this next step in our continued journey to be Bermuda’s best full-service bank.

“As we now welcome FBG clients into the Capital G family, we would like to express our appreciation for the loyalty and support shown by all of our customers that has fueled our growth. Our aim is to establish lifelong relationships with our customers.

“We look forward to continued successful growth as we further develop our customer base and product range through investments in technology, acquisitions and our ongoing commitment to the community.”

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  1. Guest Who? says:

    The guy on the far right looks like someone has just kicked him in the nuts…