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Capmark Financial Group Inc. Announces Capmark Bank’s Transfer of $827 Million of its Brokered CDs

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Capmark Financial Group Inc. Announces Capmark Bank’s Transfer of $827 Million of its Brokered CDs Powered By Docstoc
					
				
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posted:9/4/2012
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Description: HORSHAM, Pa.--(BUSINESS WIRE)--Capmark Financial Group Inc. today announced that Capmark Bank, its wholly owned subsidiary and a Utah-chartered industrial bank, transferred to another FDIC-insured bank approximately $827 million (in aggregate principal amount) of Capmark Bank’s brokered certificates of deposit (“CDs”), which represent all of Capmark Bank’s CDs maturing in October 2013 or later. The transfer occurred on August 30, 2012. About Capmark®: Capmark is a real estate finance company foc a st
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