Capitol Federal Savings Bank is a federally chartered and insured savings bank founded in 1893 and is headquartered in Topeka, Kansas. Capitol Federal has 45 branch locations and 9 in-store branches, serving primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and both the Kansas and Missouri sides of the greater Kansas City metropolitan area.[2]
Lines of business
Capitol Federal is the premier residential lender in Kansas with more than $9 billion in assets.[2] Capitol Federal offers:
Single-family residential lending
Construction loans and other consumer loans
Checking accounts
Savings accounts
Money market accounts
IRAs
Certificates of Deposit
Commercial loans
Small Business loans
Business banking services and cash management
Trust Services and wealth management
Insurance Products
History
Throughout its over 120-year history, Capitol Federal has been headquartered in Topeka, KS.
A group of 15 men gathered for the first time to form a savings and loan.
July, 1899
The association changed its name to the Capitol Building and Loan Association.
1926
Henry A. Bubb was hired.
1938
Capitol Building and Loan Association changed its name to Capitol Federal Savings and Loan Association. In difficult times, the association stood at $6 million in total assets, half of what it had been prior to the Crash of 1929. Although these were challenging times, the association came out stronger, leading to an era of success.
1941
Capitol Federal board of directors named Henry A. Bubb as president of the association.
1943
The association became “the largest federally insured association in the state.”
1950
Assets grew to more than $19 million; and the first branch office in Kansas was opened at 1201 Topeka Boulevard in Topeka.
1958
Assets reached $100 million.
March 1959
John C. Dicus joined the association
1960
Capitol Federal installed its first "computer" - a Univac "tab" machine - in the Home Office at 6th and Kansas in Topeka.
December 9, 1961
Capitol Federal's new Home Office opened at 700 South Kansas Avenue in Topeka on December 9, 1961. The office reflected the times with the inclusion of a Civil Defense bomb shelter in the basement.
1972
CapFed took the lead in technological advances with the installation of an online data processing system.
1974
The association introduced the Passcard.
1975
Association became second savings and loan association in the nation to offer customers off-premises access to their accounts.
1977
Capitol Federal reached $1 billion in assets.
1989
Chairman Henry A. Bubb died in January 1989. John C. Dicus was then named chairman.
1993
Capitol Federal reached its 100th anniversary, with assets of more than $3.9 billion.
October 1996
John B. Dicus was elected president, with John C. Dicus continuing as chairman and CEO.
March 31, 1999
Capitol Federal's Plan of Reorganization and Stock Issuance Plan is successfully completed, transforming Capitol Federal from a mutual savings association to a stock savings bank. Capitol Federal Savings and Loan Association now known as Capitol Federal Savings Bank. The Capitol Federal Foundation was established, as part of the reorganization.
2001
Capitol Federal introduced True Blue Online
January 2009
John C. Dicus honored for 50 years of service to Capitol Federal. Due to the board's mandatory retirement age, John C. Dicus retired as chairman from the board, continuing as chairman emeritus. John B. Dicus was elected chairman of the board, now serving as chairman, president and CEO.
2010
The year 2010 was highlighted by the second-step conversion from a mutual holding company form of organization to a stock form of organization, completed in December 2010. At that time, Capitol Federal Financial was succeeded by Capitol Federal Financial, Inc.
2013
During the Capitol Federal Financial, Inc. annual meeting in January 2014, Chairman Dicus announced results from Fiscal Year 2013, including total assets of $9.19 billion, total loans of $5.96 billion, and total deposits of $4.61 billion.[citation needed]
US$352.28 million (2012)
US$74.5 million (2012)