Mitchell Caplan

MITCHELL CAPLAN is Vice-Chairman of the Board of Directors, Chief
Executive Officer and President of both Telebanc Financial Corporation
and its wholly owned subsidiary, Telebank. Mr. Caplan is the chief
strategist in advancing Telebank into the arena of electronic commerce.
Through his commitment to consistent growth and aggressive change,
Telebank has become the leading and largest Internet bank providing high
value financial products and services through electronic delivery
channels, and the only Internet bank to be ranked among the top 50 U.S.
federally chartered savings banks. As one of the founding partners of
Telebanc Financial Corporation, Mr. Caplan served as a principal
strategist in the company’s initial public offering, and it’s recent
follow-through offering. Mr. Caplan currently oversees the ongoing
strategy, development and operations of both Telebanc Financial
Corporation and Telebank, including marketing, capital markets, finance
and administration. In 1999, Mr. Caplan earned the prestigious Greater
Washington Area Entrepreneur of the Year Award for the Financial
Services category from Ernst & Young, LLP. Mr. Caplan joined TeleBanc
Financial as President and CEO in 1993. Prior to joining Telebanc, Mr.
Caplan was a partner in the law firm of Danziger and Caplan from 1990
through 1993. From 1985 through 1990, he practiced law with Shearman and
Sterling in New York City. Mr. Caplan holds a J.D./M.B.A. from Emory
University in Atlanta, Georgia and a BA in History from Brandeis
University in Waltham, Massachusetts. Mr. Caplan serves as a National
Ambassador for the American Committee of the Weizman Institute of
Science at Rehovet outside Tel Aviv, Israel. He is also a Director on
the Board of the Washington Chapter of the American Committee. Mr.
Caplan’s non-profit work also includes efforts on behalf of the Herzl
Society of United Jewish Appeal of Greater Washington. In addition, he
is an active member in the Washington Chapter of the Young President’s
Organization.