Jack Dwyer, Chairman of the Board and Owner of Capital Funding Group and CFG Bank, Named Daily Record Influential Marylander Winner
Jack Dwyer, Chairman of the Board and Owner, Has Been Selected as a 2021 Daily Record Influential Marylander Winner, in the Finance Category
Capital Funding Group (“CFG”) and CFG Bank are proud to announce Jack Dwyer, Chairman of the Board and Owner, has been selected as a 2021 Daily Record Influential Marylander winner, in the finance category.
The Daily Record created the Influential Marylanders list in 2006 to honor influential leaders in the state. Winners, selected by the publication’s editors, were chosen based on their significant contributions to their respective fields and leadership in Maryland in the following areas. Dwyer was selected among other influential finance leaders in the Maryland community, including individuals from Brown Advisory, Bank of America, M&T Bank and T. Rowe Price.
“We are honored The Daily Record has selected Jack for this award. I have personally worked with Jack for more than 30 years and he is one of the most energetic, generous and caring people I know,” said Capital Funding, LLC President and Vice Chairman of the CFG Bank Board Debbie Spangenberg. “Giving back to the community and creating ways to improve the lives of others is weaved into everything Jack and CFG does. Jack truly walks the walk and everyone at CFG continues to be inspired by his entrepreneurial approach to banking and lending and the passion he brings to everything he does. We are fortunate to have him as our leader and are excited to see what he does next. We look forward to continuing to work together to support our clients and communities.”
Earlier this year, Dwyer, and his wife Nancy, created the Jack and Nancy Dwyer Workforce Development Program, with a $1 million start up commitment, a first-of-its-kind nonprofit whose mission is to help resolve the effects of systemic poverty and inequality and help resolve the turnover crisis and burnout due to staffing shortages in the healthcare industry by creating a pathway to advance career opportunities in the nursing profession. Alongside the creation of the Program, Dwyer donated $1 million to Living Classrooms to support the renovation and construction of the Living Classrooms Bauer Building in the Baltimore Harbor, which will house the training for healthcare workers.
Seeing the effects of COVID-19 on the community, Dwyer created the Meals for Healthcare Heroes Program, which provided meals to frontline healthcare workers at skilled nursing and assisted living facilities in Maryland. As a result of this program, three Maryland restaurants were able to rehire employees furloughed due to COVID-19. Dwyer also personally paid the payroll taxes of qualified CFG employees as part of the CARES Act’s payroll tax deferral initiative and gifted each employee $200 – encouraging them to use the funds to support local businesses and restaurants as way to stimulate the local economy.
Over the recent years, Dwyer has made several donations to support the Baltimore community, including a $3 million donation to the National Aquarium to help advance a long-awaited project to build a waterfront campus, a $3 million donation to the Mother Mary Lange Catholic School for seed money to begin the fundraising effort to build the first new Catholic school in Baltimore in 57 years, and a $100,000 donation to Helping Up Mission to reopen its emergency shelter program, Overnight Guest Services, which was closed due to health and safety concerns associated with COVID-19.
Recognized as a top employer and corporate community leader, CFG is a one-stop shop, full-service provider of comprehensive financing solutions for healthcare facilities nationwide, focusing on the long-term care, assisted living and hospital sectors, and CFG Bank provides commercial, personal, and online banking solutions to the Mid-Atlantic business community and national healthcare market, and delivers big bank capabilities and expertise with relationship-driven community bank service.
The winners will be honored July 29, from 5:30 – 6:30 p.m. at a celebration. Details of the event are to be determined in the coming weeks.
About Capital Funding Group (www.capfundinc.com)
Capital Funding Group is a full-service provider of comprehensive financing solutions for healthcare facilities nationwide, focusing on the long-term care, assisted living and hospital sectors. Headquartered in Baltimore, Maryland, CFG is known as a one-stop shop for healthcare facility owners and operators, with expertise in HUD loans, bridge lending, working capital loans, commercial banking through the CFG family of companies.
About CFG Bank (www.thecfgbank.com)
CFG Bank provides commercial, personal, and online banking solutions to the Mid-Atlantic business community and national healthcare market. Locally owned and operated, the bank dates back to 1927 when La Corona Building and Loan Association, Inc., was formed to meet the financial needs of Highlandtown and East Baltimore residents. Though the name has changed since 1927, CFG Bank prides itself on delivering big-bank capabilities and expertise with relationship-driven boutique bank service. The bank is headquartered in Baltimore, Maryland, with branches in Lutherville/Towson and Baltimore City.
About Capital Funding, LLC
Capital Funding, LLC, a subsidiary of CFG Community Bank, is the national leader in the FHA-insured mortgage industry, providing more than $2 billion in Section 232 mortgages nationwide since the inception of the LEAN program. CFG Community Bank is an Equal Housing Lender.