|We are privileged to honor Michael C. Slocum, President of Commercial Banking and Northeast Regional President at Capital One at our 10th Annual Celebrating Home and Community Gala on October 24, 2012.
Michael is being recognized for a career in finance that has immeasurably helped organizations like Common Ground.
About Michael Slocum:
As President of Capital One’s Commercial Banking business, Mr. Slocum is responsible for leading multiple broad lines of business, including Commercial Real Estate, Middle Market Banking, Commercial & Specialty Finance and Treasury services. Mr. Slocum reports to Richard D. Fairbank, Founder, Chairman and Chief Executive Officer, Capital One. Mr. Slocum also serves as the company’s Northeast Regional President.
Comprised of more than 2,000 associates, Capital One’s Commercial Banking Group manages more than $40 billion in loan commitments and more than $25 billion in deposit balances, generating over $1.5 billion in annual revenue. Mr. Slocum is focused on growing this business by leveraging a relationship-based banking model and seamlessly delivering a wide array of products and services through a locally based, well versed and knowledgeable team of commercial bankers.
Mr. Slocum is an active member of the community and is currently on the Board and is an Executive Committee member of Safe Horizon, the largest victims’ services agency in the United States. He also serves on the boards of Enterprise Community Partners, Inc., New York City Investment Fund and The Jewish Museum in New York City. Mr. Slocum resides in New York City and is a graduate of Colgate University with a degree in Economics.
About Capital One Investing for Good:
Through an integrated program called “Investing for Good,” Capital One focuses its community involvement activities in four areas that are important building blocks of economic opportunity: affordable housing, small business and workforce development, financial literacy and education.
Capital One Bank recognizes that investing in affordable housing is about much more than financing new construction and rehabilitating existing housing. It’s about expanding economic opportunities for individuals, families and communities. Capital One Bank’s Community Development Banking group works with housing authorities, non-profit organizations, for-profit developers and other groups to bring affordable and supportive housing to the communities where they do business. Among the top 10 affordable housing lenders of 2011, Capital One Bank provided $719.2 million in specialized financing for more than 7,200 affordable housing units across their footprint. That investment translates into on average more than 8,700 local jobs created in the first year and 2,160 local jobs on an ongoing basis, based on National Association of Homebuilders estimates.