Sun Community Bancorp
Sun Community Bancorp Limited (Sun), an approximately 50% owned subsidiary of Capitol Bancorp Limited, is a bank holding company that is a uniquely structured affiliation of community banks. The Company currently has 14 wholly or majority-owned bank subsidiaries, including Camelback Community Bank. Each bank is viewed by management as being a separate business from the perspective of monitoring performance and allocation of financial resources. Sun uses a unique strategy of bank ownership and development through a tiered structure. Camelback Community, a 54.9% owned subsidiary of the Company, is a commercial bank that offers a full range of commercial banking services.
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