Newsroom

CFG Bank owner donates $3M to advance National Aquarium's waterfront project

November 06, 2019

Jack Dwyer is sick of hearing about what's wrong with Baltimore.

The local businessman decided to channel his frustration with negative headlines by trying to change the narrative. Dwyer has donated $3 million to the National Aquarium to help advance a long-awaited project to build a waterfront campus between Piers 3 and 4 of the Inner Harbor featuring floating wetlands and terraces.

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CFG looks to capitalize as it becomes Baltimore's biggest locally headquartered bank

July 28, 2021

CFG Bank CEO Bill Wiedel was surprised when he heard Howard Bank is selling to First National Bank of Pennsylvania.

Since acquiring First Mariner Bank in 2018, Howard had not been shy about touting itself as the biggest Baltimore-based bank. When the sale of Howard to FNB is complete, CFG Bank will carry the mantle. Wiedel said it's a role CFG is ready to embrace and will look to capitalize on quickly.

CFG, owned by local businessman and philanthropist Jack Dwyer, plans to expand its services for clients, step up its marketing and continue giving back to the community.

Capital Funding Bancorp, Inc. Completes $30 Million Subordinated Note Capital Raise

June 10, 2021

Capital Funding Bancorp, Inc. (the “Company”), the holding company of CFG Bank (the “Bank”), announced the closing of its private placement of $30 million aggregated principal amount 3.875% Fixed-to-Floating Rate Subordinated Notes (the “Notes”) to certain qualified institutional buyers. The Notes will mature on June 1, 2031 and will initially bear interest at a rate equal to 3.875% per annum.

CFG Bank Embraces The Maryland Cannabis Industry Offering Lending Support For Businesses

May 26, 2021

CFG Bank (CFGB) today announced its expansion into the cannabis market as one of the only banks in the area to serve this growing industry.  The Bank recently worked with a number of clients, including SunMed Growers and Curio Wellness, supporting their growth and expansion needs in response to demand increases. SunMed Growers is a quality medical cannabis grower, dedicated to cultivating the safest cannabis for the needs of Maryland. Curio Wellness is a family-founded and operated cGMP certified medical cannabis company and trusted healthcare partner.

Helping Up Mission Receives Contribution From CFG Bank And Owner Jack Dwyer To Re-open Emergency Shelter Closed Due To Covid-19

April 19, 2021

Helping Up Mission (HUM) received a donation of $100,000 from CFG Bank, made possible through the generosity of owner Jack Dwyer. The donation enables HUM to make the facility renovations necessary to re-open its emergency shelter program which closed in March 2020 due to health and safety concerns associated with COVID-19.  

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