Capitol Bank

What Capitol Bank does

Capitol Bank is a privately held community bank founded in 1995 and headquartered in Madison, Wisconsin, operating three branch locations across the Madison metropolitan area (West Madison as headquarters, East Madison, and Verona). The bank serves individual consumers, small-to-medium-sized businesses, and homebuyers in the Madison MSA, with a relationship-led go-to-market model in which approximately 60 bankers actively participate on 40+ local boards and committees.

The bank offers a full-service suite of personal banking products (checking, savings, money market, CDs, HSAs, IRAs, consumer loans, credit cards, debit cards, digital banking, and private banking), business banking products (business checking, savings, CDs, loans, business credit cards, digital banking, and treasury management), and residential mortgage products (purchase, refinance, home equity, and a dedicated first-time homebuyer program). Technology infrastructure is standard for the industry: a vendor-provided UFSDATA core banking platform powers the personal and business online banking portals, and a web-based mortgage application platform (mortgagewebcenter.com) handles loan origination. The bank holds FDIC insurance, Equal Housing Lender status, and NMLS ID# 520881, and is organized under a Capitol Bankshares holding company structure.

The revenue model combines net interest income from lending (consumer, mortgage, and commercial) with non-interest income from deposit account fees, transaction fees, mortgage origination fees, and treasury management services. Distribution is regional and physical-branch-led, supplemented by online and phone banking. Recent strategic activity, including three senior hires in private banking, treasury management, and compliance between October 2025 and May 2026, indicates investment in higher-margin fee-generating capabilities, particularly the launch of a mortgage solution targeted at business owners.

Name

Capitol Bank

Legal name

Capitol Bank

Website

https://capitolbank.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

Capitol Bank is a privately held community bank founded in 1995 in Madison, Wisconsin, operating three branches in the Madison metro. It offers personal banking, business banking, and mortgage products to consumers, small-to-medium-sized businesses, and homebuyers via a relationship-led local model.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

• Community banking services
• Personal banking products
• Business banking services
• Mortgage lending
• Treasury management

Headquarters

HQ city

Madison

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: Traditional bank interest revenue from personal and business loans including mortgages, business loans, and other credit products.
2. Deposit Account Fees and Services: Fee-based income from checking accounts, savings accounts, money market accounts, CDs, HSAs, and IRAs.
3. Mortgage Lending: Home loan origination and mortgage lending services for both consumer and business owner customers.
4. Treasury Management Services: Business banking services including treasury management, potentially generating fees for cash management and business development services.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Capitol Bank is an independent community bank providing personal and business banking products and services to retail customers and small-to-medium businesses in the Madison, Wisconsin metropolitan area. Its core offerings span deposit accounts (checking, savings, money markets, CDs, HSAs, IRAs), consumer and commercial lending, mortgage origination, credit and debit cards, treasury management, and private banking, delivered through three physical branches, online banking platforms, and a web-based mortgage application system.

Product overview

Capitol Bank is a community bank offering a comprehensive suite of banking products organized into three main segments: Personal Banking, Business Banking, and Mortgages. Personal Banking includes checking accounts, savings and money markets, certificates of deposit (CDs), health savings accounts (HSAs), individual retirement accounts (IRAs), loans, credit cards, debit cards, digital banking, and private banking services. Business Banking encompasses business checking, business savings and money markets, business CDs, business loans, business digital banking, business credit cards, and treasury management services. The Mortgages division provides home loans, homebuying process guidance, and specialized first-time homebuyer programs. The bank operates physical branch locations in Madison, Wisconsin (West Madison, Verona, and East Madison) with digital banking platforms for both personal and business customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Personal checking account offerings with online banking access for individual retail customers in the Madison, WI metro area.
• Savings & Money Market Accounts Interest-bearing personal savings and money market deposit accounts for individual customers.
• Certificates of Deposit (CDs) Time deposit accounts with fixed terms and interest rates for personal customers.
• Health Savings Accounts (HSAs) Tax-advantaged health savings accounts for individuals with high-deductible health plans, requiring HIPAA compliance.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts including traditional and Roth IRAs for personal retirement planning.
• Personal Loans Loan products for personal borrowing needs including installment loans and lines of credit for individual consumers.
• Personal Credit Cards Credit card products for personal banking customers.
• Personal Debit Cards Debit card access linked to personal checking accounts for point-of-sale and ATM transactions.
• Personal Digital Banking Online banking platform for personal account management, bill pay, and fund transfers via web portal.
• Private Banking High-touch banking services for affluent individuals including personalized financial guidance and specialized lending.
• Business Checking Commercial checking accounts with treasury management features for business customers.
• Business Savings & Money Markets Business deposit accounts offering interest-bearing savings and money market options for business entities.
• Business CDs Certificate of deposit accounts tailored for business entities with various term options.
• Business Loans Commercial lending products including term loans, lines of credit, and commercial real estate financing for business customers.
• Business Digital Banking Online banking platform for business account management, cash flow management, and reporting.
• Business Credit Cards Credit card products designed for business spending and expense management.
• Treasury Management Services Cash management, payment processing, and liquidity management services for business customers.
• Home Loans (Mortgages) Mortgage lending products including purchase mortgages, refinancing, and home equity options, including Mortgage Solutions for Business Owners.
• First-Time Homebuyer Mortgage Program Specialized mortgage products and educational resources designed for first-time homebuyers.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Associated Bank: Associated Banc-Corp is a regional bank holding company headquartered in Green Bay, WI with a large branch network across Wisconsin, Illinois, and Minnesota. It competes with Capitol Bank for both consumer and commercial deposits and loans in the Madison metro, but at substantially greater scale and broader geographic reach.
• BMO (formerly BMO Harris Bank): BMO's U.S. personal and commercial banking operations (acquired Bank of the West) provide full-service retail and business banking in Madison. It is a much larger incumbent competing with Capitol for similar deposit, loan, and mortgage customers but with deeper product breadth and capital markets capabilities.
• JPMorgan Chase (Madison branches): JPMorgan Chase operates a growing branch presence in Madison, WI offering consumer and business banking alongside a national digital platform. While a much larger incumbent, it competes with Capitol Bank for retail and small-business relationships and represents the type of well-capitalized competitor driving deposit and loan pricing pressure in the market.

Regional players

• University of Wisconsin Credit Union (UW Credit Union): UW Credit Union is one of the largest credit unions in Wisconsin, serving the broader Madison community and UW-Madison affiliates with consumer deposits, lending, and mortgage products. It directly competes with Capitol Bank for retail deposits, consumer loans, and mortgages in the Madison metro under a member-owned cooperative structure.
• Summit Credit Union: Summit Credit Union is a large Wisconsin-based credit union serving the Madison and greater Madison area with consumer banking, mortgages, and business services. It competes with Capitol Bank for retail deposits and consumer lending under a member-owned cooperative model with significantly larger scale.
• Heartland Credit Union: Heartland Credit Union is a Madison-area credit union offering consumer banking, mortgages, and business services. It is a regional competitor to Capitol Bank for retail deposits and consumer lending, particularly in the Madison metro and surrounding communities.

Direct peers

• Johnson Financial Group: Johnson Financial Group is a privately held Wisconsin-based bank and wealth management firm with a meaningful Madison-area presence. It is a direct peer to Capitol Bank in serving personal banking, business banking, private banking, and mortgage customers in the same regional market with a comparable community-bank identity.
• State Bank of Cross Plains: State Bank of Cross Plains is a Wisconsin-based community bank operating branches in the greater Madison area. It offers nearly identical products to Capitol Bank (checking, savings, mortgage, business loans) and competes head-to-head for retail and small-business customers in overlapping Madison suburbs.
• Bank of Sun Prairie: Bank of Sun Prairie is a community bank headquartered in Sun Prairie, WI (a Madison suburb) with multiple branches serving Madison-metro consumers and businesses. It offers the same community-bank value proposition as Capitol Bank with comparable scale and product mix.
• First Business Bank: First Business Bank is a Wisconsin-chartered commercial bank focused on business banking, treasury management, and private banking. It competes directly with Capitol Bank for business deposits, commercial loans, and treasury management services in the Madison market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@capitolbank
• Facebookfacebook.com/capitol-bank-626330954112914
• LinkedInlinkedin.com/company/capitol-bank
• Instagraminstagram.com/capitolbankmadison
• Xx.com/capitolbank

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Capitol Bank