Capital One

The Capital One Financial Corporation is a U.S.-based bank holding company specializing in credit cardshome loansauto loansbanking and savings products. A member of the Fortune 500, the company helped pioneer the mass marketing of credit cards in the early 1990s, and it is now the fourth-largest customer of the United States Postal Service[3] and has the sixth-largest deposit portfolio in the United States.[clarification needed][4]
It has its corporate offices in Tysons Cornerunincorporated Fairfax CountyVirginia, near McLean.[5]

History[edit]

Capital One retail footprint
Capital One was founded in 1988 by Richard Fairbank and Nigel Morris[6] as a spin-off of Richmond, Virginia-based Signet Banking Corp (which was subsequently acquired in 1997 by First Union Corporation, which merged with Wachovia in 2001 and is now part ofWells Fargo).
Capital One entered the retail banking market with its acquisition of New Orleans, Louisiana-based Hibernia National Bank in 2005 and Melville, New York-based North Fork Bancorporation in 2006.[7][8] North Fork Bank and Superior Savings of New England, both subsidiaries of North Fork Bancorporation, began using the branding of Capital One Bank on March 10, 2008.[9] On October 18, 2008, Capital One announced it would purchase Chevy Chase Bank for US$520 million.[10][11]
Capital One responded to the 2007 subprime mortgage financial crisis by jettisoning its mortgage platform, GreenPoint Mortgage, due in part to investor pressures.[12][13]
On November 14, 2008, Capital One Financial Corporation was the recipient of US$3.56 billion of the Emergency Economic Stabilization Act Federal bail-out.[14][15] On June 17, 2009, Capital One completed the repurchase of the 3,555,199 shares of the preferred stock the company issued to the U.S. Treasury.[16]
In February 2012, Capital One completed its acquisition of ING Bank, fsb, which operates as ING DIRECT in the United States.[17]
In July 2012, Capital One was fined by the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau for misleading millions of its customers, such as paying extra for payment protection or credit monitoring when they took out a card.[18] The company agreed to pay $210 million to settle the legal action against them and to refund two million customers.[19] This was the CFPB's first public enforcement action.[20]

  1. Capital One Credit Cards, Bank, and Loans - Personal and Business

    https://www.capitalone.com/
    Capital One offers credit cards, checking and savings accounts, auto loans, rewards, and online banking services for individuals and businesses.

    Credit Cards

    Apply for a Capital One credit card. Compare credit cards including ...

    Personal Banking

    Capital One Direct Banking offers a number of checking accounts ...
  2. Capital One - Wikipedia, the free encyclopedia

    en.wikipedia.org/wiki/Capital_One
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    The Capital One Financial Corporation is a U.S.-based bank holding company specializing in credit cards, home loans, auto loans, banking and savings ...
  3. Online Banking - Capital One 360

    home.capitalone360.com/
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    Capital One 360 is an FDIC insured national bank that offers online banking on your terms with no fees and no minimums. Learn more about our checking, ...
  4. ONE CAPITAL | Boutique corporate advisory firm

    www.onecapital.co.za/
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    One Capital is an independent corporate advisory firm in South Africa providing ... TheOne Capital ethos is one of committed teamwork with a collective focus on ...
  5. Capital One League Cup News, Fixtures, Results and Live Scores ...

    www.goal.com/en-gb/news/2920/capital-one-cup
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    All the latest Capital One League Cup news, results, fixtures, goals team talk and more!