Capitol Bancorp Ltd.

Public Company, Headquarters Location
200 Washington Sq. N, Capitol Bancorp Ctr., Lansing, MI 48933-1320, United States
(517)487-6555, (517)374-2576 fax, http://www.capitolbancorp.com

Primary SIC: Bank Holding Companies, Primary NAICS: Offices of Bank Holding Companies
Description: Capitol Bancorp Ltd. was established as a bank holding company in 1988, with its first acquisition of Capitol National Bank of Lansing, Mich. In 2003, the company began trading on the New York Stock Exchange. Though the company is viewed as a bank holding company, it is also involved in many of the aspects of bank development, including: identifying opportunities for new bank development, recruiting management from the local community for new banks, recruiting directors from the local community for new banks, facilitating the regulatory process for new banks, raising capital for new banks, mentoring new banks and managing Capitol Bancorp Limited's investments in its banks. Headquartered in Phoenix, Ariz., Capitol Bancorp is the holding company for 55 individually-chartered community banks located in 17 states, including 11 in Arizona, eight in California, five in Nevada, five in Michigan, four in Colorado and four in Washington.Finance: Bank holding company for nationally and state-chartered commercial banks.