Exhibit (b5-1) AMENDMENT TO THE CAPITOL BANCORP, LTD. EMPLOYEE SAVINGS AND STOCK OWNERSHIP PLAN AMENDMENT NUMBER 16 The Capitol Bancorp, Ltd. Employee Savings and Stock Ownership Plan is hereby amended effective February 22, 2002 adding the following participating employer at the end of the list contained: Name of Type of State of Date of Employer Entity Organization Participation -------- ------ ------------ ------------- Bank of Bank Nevada 2/14/2002 Las Vegas CAPITOL BANCORP LIMITED Dated: February 14, 2002 By: \s\ Joseph D. Reid --------------------------------------- Joseph D. Reid Chairman and CEO BANK OF LAS VEGAS Dated: February 14, 2002 By: \s\ Vincent Ciminise --------------------------------------- Vincent Ciminise President