CFG Bank

What CFG Bank does

CFG Bank is a privately held, FDIC-insured commercial bank headquartered in Baltimore, Maryland, and the largest bank headquartered in that city, with assets exceeding $6 billion as of December 2025. The bank operates as a full-service financial institution providing commercial banking, commercial lending, personal banking, and a unified Bridge, HUD & Agency lending platform that delivers bridge loans, FHA/HUD financing, and Fannie Mae/Freddie Mac agency financing to healthcare facilities (skilled nursing, assisted living, memory care, behavioral health) and multifamily property owners, developers, and investors nationwide. Specialized healthcare and multifamily lending is executed through the wholly owned Capital Funding, LLC and Capital Finance, LLC subsidiaries, with a new CFG Mortgage Partners platform launched in June 2026 under Managing Partner Dan Sacks to expand national multifamily origination.

The bank generates revenue primarily through net interest income on its loan portfolio, complemented by transaction fees on commercial, bridge, HUD, and agency loan originations, as well as recurring deposit and cash management fees from commercial and personal banking clients. Its go-to-market is relationship-driven enterprise field sales targeting healthcare operators and multifamily developers across all U.S. regions, supported by three Maryland retail branches (Lutherville, Fells Point, Annapolis) and a fourth branch at Baltimore Peninsula planned for Summer 2026.

CFG Bank's technology infrastructure was modernized in December 2025 through a partnership with Jack Henry & Associates, deploying the Jack Henry core processing platform, Banno Digital Platform for retail customers, Enterprise Workflow solutions, and integrations with more than 950 API-connected fintech partners in a public cloud environment. The bank is privately owned by Chairman John W. "Jack" Dwyer with Erik Howard as President, and has raised external capital through rounds including a $125 million investment led by J.C. Flowers & Co. in December 2023 to support balance-sheet and lending-platform expansion.

Name

CFG Bank

Legal name

CFG Bank

Website

https://thecfgbank.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

CFG Bank is a privately held, FDIC-insured Baltimore-based commercial bank with over $6 billion in assets, providing nationwide bridge, FHA/HUD, and agency financing to healthcare facilities and multifamily property owners, developers, and investors alongside commercial and personal banking.

Ownership category

akta.pro rank

Headquarters

HQ city

Baltimore

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Banking: Traditional commercial banking services including cash management, commercial accounts, deposit services, and business lending for commercial clients.
2. Commercial Lending: Commercial loans, capital markets services, and small business lines of credit provided to businesses across various industries.
3. Bridge, HUD & Agency Lending: Specialized lending for healthcare facilities (skilled nursing, assisted living, independent living, memory care, behavioral health) and multifamily properties including bridge loans, FHA/HUD financing, and Fannie Mae/Freddie Mac programs. Also covers seniors housing and working capital.
4. Personal Banking: Deposit accounts, banking services, and personal deposit rates for individual consumers.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

CFG Bank is a full-service commercial bank headquartered in Baltimore that originates bridge, FHA/HUD, and agency (Fannie Mae/Freddie Mac) loans for healthcare facilities and multifamily properties nationwide. It also provides commercial banking (cash management, commercial accounts, capital markets, small business lines of credit) to businesses and personal deposit accounts to consumers through Maryland branches and digital channels. The bank operates wholly-owned subsidiaries Capital Funding, LLC and Capital Finance, LLC and runs CFG Mortgage Partners for multifamily lending.

Product overview

CFG Bank is a full-service financial institution headquartered in Baltimore, Maryland, offering a platform-plus-module architecture combining commercial banking, personal banking, and specialized real estate lending products. Its core Bridge, HUD & Agency Lending platform unifies bridge lending, FHA/HUD financing, and agency financing (Fannie Mae/Freddie Mac) for healthcare and multifamily properties. Supporting modules include Commercial Banking (cash management, commercial accounts, commercial lending, small business lines of credit) and Personal Banking (deposit accounts, banking services). The bank operates subsidiaries Capital Funding, LLC and Capital Finance, LLC for specialized lending operations.

Differentiator

Problem solved

Functional benefit

Brands

• CFG Mortgage Partners: Multifamily lending platform providing customized debt solutions for multifamily property owners, developers, and investors nationwide.
• Capital Funding

Products and services

• Commercial Banking Commercial banking services for businesses including cash management, commercial accounts, commercial center tools, deposit rates, and a published business fee schedule. Designed for SMB and mid-market business clients seeking full-service business banking.
• Commercial Lending Commercial lending services for businesses nationwide, encompassing commercial loans, capital markets debt placement, and small business lines of credit. Targeted at businesses across varied industries needing flexible working capital and structured debt solutions.
• Bridge, HUD & Agency Lending Unified lending platform combining bridge lending, FHA/HUD financing (HUD 232, HUD 221(d)(4)), and agency financing (Fannie Mae, Freddie Mac) for healthcare facilities and multifamily properties. Integrates healthcare and multifamily lending under a single CFG brand with verticals for skilled nursing, multifamily, seniors housing, behavioral health, and working capital.
• Personal Banking Personal deposit accounts, banking services, deposit rates, and a published consumer fee schedule for individual retail customers, distributed through Maryland branches and digital banking channels.
• CFG Mortgage Partners National multifamily lending platform delivering customized debt products to multifamily owners, developers, and investors. Provides bridge loans, FHA/HUD 221(d)(4) construction and permanent financing, and Fannie Mae/Freddie Mac agency executions across the United States.

Quantifiable outcome

• $428.9 million in total financing closed Q1 2026
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Jack Henry & AssociatescoreTechnology or Integration · 4 December 2025CFG Bank selected Jack Henry to modernize its technology infrastructure with core processing, digital banking, and workflow solutions. The partnership includes Jack Henry's core processing platform with API integrations to over 950 fintech partners, the Banno Digital Platform for retail customers, and Enterprise Workflow solutions. Jack Henry provides ongoing modern service components in the public cloud. This partnership supports CFG's expansion in healthcare and multifamily lending markets and enables the bank to scale its niche healthcare bridge-to-HUD lending services.
• Jack Henry & AssociatescoreTechnology or Integration · 4 December 2025CFG Bank partnered with Jack Henry to modernize its technology infrastructure through a comprehensive front-to-back overhaul of its mainframe systems. The implementation includes Jack Henry's core processing platform with API integrations to over 950 fintech partners, the Banno Digital Platform for retail customers, and Enterprise Workflow solutions, with ongoing modern service components in the public cloud.
• City First BankcoreStrategic or Co-development Partner · 6 November 2025CFG Bank deposited $5 million into the Advancing Communities Together (ACT) Deposit Program in partnership with Washington, D.C.-based City First Bank. The partnership aims to increase access to capital and economic opportunity in low-income areas of Baltimore, supporting investment in underinvested communities.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Fulton Financial Corporation: Larger mid-Atlantic regional bank with commercial, CRE, and healthcare lending products across PA, NJ, MD, and VA; provides scale comparison for CFG's regional commercial banking ambitions.
• M&T Bank Corporation: Large Buffalo-based regional bank with significant Maryland presence and broad commercial/CRE lending; provides the regional scale benchmark CFG competes against.
• Walker & Dunlop, Inc. National CRE capital markets platform with deep multifamily agency lending and HUD execution; a primary competitor in the multifamily and seniors housing origination space where CFG Mortgage Partners now competes.

Direct peers

• WesBanco, Inc. Mid-Atlantic regional bank with CRE and commercial lending focus across WV, OH, PA, and MD markets; comparable to CFG in size, regional footprint, and commercial/mortgage lending mix.
• Dwight Capital: Specialty HUD/FHA and bridge lender focused on multifamily, seniors housing, and healthcare properties; near-perfect overlap with CFG's healthcare and multifamily bridge-to-HUD franchise.
• S&T Bancorp, Inc. Mid-sized Pennsylvania regional bank with a meaningful commercial real estate and commercial banking focus; similar size band and CRE loan mix as CFG.
• Greystone & Co. National CRE and healthcare finance advisor/originator with FHA, Fannie, and Freddie execution capabilities, directly competing with CFG's bridge and agency lending platform.
• Northwest Bank: Pennsylvania and Ohio regional commercial bank with CRE and multifamily lending exposure; comparable mid-sized peer with similar deposit-gathering and CRE origination profile.

Regional players

• First National Bank of Pennsylvania: Mid-Atlantic regional bank with commercial lending, CRE, and healthcare banking across PA, MD, OH, and WV; directly comparable in size, geography, and commercial lending mix.
• Atlantic Union Bankshares Corporation: Virginia and Maryland-headquartered regional bank with commercial and CRE lending; comparable mid-Atlantic competitor to CFG's Maryland base and commercial banking franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/theCFGBank
• Facebookfacebook.com/theCFGbank
• LinkedInlinkedin.com/company/the-cfg-bank
• Instagraminstagram.com/thecfgbank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CFG Bank