Executive Management Team

 
Brian E. Argrett, a Director since 2011, is currently President and Chief Executive Officer of the Corporation and the Bank and a member of the Executive Committee. Formerly Mr. Argrett was founder and managing partner of both Fulcrum Capital Group, an investment manager, and Fulcrum Capital Partners, L.P., a traditional, institutionally-backed private equity limited partnership. He also served as President, Chief Executive Officer and director of Fulcrum Venture Capital Corporation, a federally licensed and regulated Small Business Investment Company. Prior to joining Fulcrum, Mr. Argrett was an attorney with the real estate law firm of Pircher, Nichols & Meeks in Los Angeles. Mr. Argrett has served as chair, been a member, or held observer rights on numerous Fulcrum portfolio company boards, as well as served on the boards of First Federal Financial Corporation, First Federal Bank of California and Family Savings Bank, a community bank serving central Los Angeles. Mr. Argrett has held leadership positions at the National Association of Investment Companies and the National Conference for Community and Justice and has been an elder at the Knox Presbyterian Church. He currently serves as the Vice Chairman of the Community Development Bankers Association and is a member of the Community Bankers Council of the American Bankers Association. Mr. Argrett holds a J.D. and an M.B.A from the University of California, Berkley, and a bachelor’s degree from the McIntire School of Commerce at the University of Virginia.
 
Shaun E. Murphy, Senior Executive Vice President, Chief Credit & Risk Officer.  Mr. Murphy most recently served as Chief Risk Officer of H Bancorp, a multi-bank holding company, where he was responsible for all risk and compliance activities of the holding company and the individual bank subsidiaries.  In addition, Mr. Murphy served on the Board of Directors of Bay Bancorp and its bank subsidiary, Bay Bank.  Before assuming his responsibilities at H Bancorp, he served as Managing Director of Hovde Private Equity Advisors, LLC where he was similarly responsible for risk and due diligence activities surrounding strategic bank investments.  Previously, Mr. Murphy was Chief Operating Officer responsible for portfolio administration and operations of the Structured Finance Business of CapitalSource Inc., which encompassed the commercial real estate finance, residential mortgage finance and rediscount finance practices of the firm. He has over 25 years of national and international experience in the financial services industry, having held a variety of senior positions in loan origination, credit, capital markets, regulatory compliance and workout. Before joining CapitalSource, Mr. Murphy was the Credit Executive for PNC Financial Services Corporate Banking and PNC Capital Markets, Inc., where he was responsible for underwriting, portfolio administration, and strategic positioning of the company's corporate banking, capital markets and debt finance activities. Before joining PNC, he held a variety of management positions at Allfirst, including Chief Regulatory Officer and Chief Ethics Officer. Mr. Murphy began his career at HSBC in New York and holds degrees from The London School of Economics and Political Science (M.Sc.) and Villanova University (B.S.B.A.).  Mr. Murphy was appointed by the Board of Directors of Allfirst Financial (the country’s 16th largest bank holding company at the time) as Chief Regulatory Officer in partial satisfaction of the company’s Written Agreement with federal banking regulators. In this position, he was responsible for all compliance functions across the bank and other subsidiaries.  In this capacity, Mr. Murphy also served as the bank’s BSA Officer, CRA Officer, Chief Compliance Officer, and Chief Ethics Officer.  Following the satisfaction of the Written Agreement, Mr. Murphy joined PNC where in addition to his duties described above, he was responsible for commercial compliance and served on the bank’s Policy Committee which was responsible for the implementation of policies and procedures for compliance matters.  Mr. Murphy has worked directly with the Federal Reserve Bank (FRB) and the Office of the Comptroller of the Currency (OCC) in successfully resolving a number of Written Agreements for banking institutions.  
 
Kimberly J. Levine, Executive Vice President, Chief Financial Officer. Ms. Levine joined the bank in January 2006 with almost 30 years of banking and consulting experience. Most recently, she served as a Principal Consultant with Watkins Consulting, Inc. providing consulting, litigation support and forensic accounting services in the commercial and mortgage banking and financial services fields. Formerly, she served for 10 years as Senior Vice President and Chief Financial Officer of The Adams National Bank/Abigail Adams National Bancorp, Inc. as well as in other financial positions with local area banks. Ms. Levine, a native of Washington, DC, is a graduate of the Wharton School, University of Pennsylvania and a Certified Public Accountant.

William Frazier, Executive Vice President, Chief Lending Officer.  With over 25 years of banking experience including lending and credit roles, Mr. Frazier leads all the bank's commercial and real estate lending efforts.  He joined CFB in 2013 after 17 years at Wells Fargo, having most recently served as National Director of Originations for Wells Fargo's Specialty Finance Group.  William is a native of Reston, Virginia, and began his career at Citizens and Southern National Bank in Atlanta, before returning to the Washington area to join Crestar Bank.  William holds a degree in finance from the University of Virginia.

Security Notice for Windows XP Users

As you may already know, on April 8, 2014 Microsoft will stop issuing security updates to Windows XP. This means that after April 8, 2014 there will be a substantial security risk to anyone using this operating system, since security vulnerabilities will no longer be patched. If you are currently using Windows XP please take note of this. Although this will not cause an interruption to any of the service we provide our customers, continued use of a computer utilizing Windows XP could place your devices and the information on them at serious risk. We encourage you to learn more about this upcoming cessation of service by Microsoft and to become informed on what you will need to do to secure your information.

To learn more we suggest you visit:Microsoft XP Support Ends at http://www.microsoft.com/en-us/windows/enterprise/end-of-support.aspx

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