![]() ![]() Expansion into auto loans (1996–present) ![]() Capital One attributed its relative success as a monoline to its use of data collection to build demographic profiles, allowing it to target personalized offers of credit directly to consumers. This strategy is risky in that it can lead to losses during bad times. Signet renamed the subsidiary Capital One in October 1994, and the spin-off was completed in February 1995.Īt that time, Capital One was a monoline bank, meaning that all of its revenue came from a single product, in this case, credit cards. On July 21, 1994, Richmond, Virginia-based Signet Financial Corp (now part of Wells Fargo) announced the corporate spin-off of its credit card division, OakStone Financial, naming Richard Fairbank as CEO. History Monoline credit card company (1994–2004) Capital One retail footprint as of 2010 In the fourth quarter of 2018, 75% of the company's revenues were from credit cards, 14% were from consumer banking, and 11% were from commercial banking. The company's three divisions are credit cards, consumer banking and commercial banking. With a market share of 5%, Capital One is also the second largest auto finance company in the United States, following Ally Financial, formerly known as GMAC. In 2016, it was the 5th largest credit card issuer by purchase volume, after American Express, JPMorgan Chase, Bank of America, and Citigroup. The company helped pioneer the mass marketing of credit cards in the 1990s. It is ranked 99th on the Fortune 500, 15th on Fortune's 100 Best Companies to Work For list, and conducts business in the United States, Canada, and the United Kingdom. ![]() The bank has 755 branches including 30 café style locations and 2,000 ATMs. It is on the list of largest banks in the United States and has developed a reputation for being a technology-focused bank. ![]() The data presented on this page does not represent the view of Capital One and its employees or that of Zippia.Ĭapital One may also be known as or be related to Capital One, Capital One Financial Corporation, Capital One Securities, Inc., capital one bank and capital one, n.a.Wikibuy, ShareBuilder, Paribus, United Income, BlueTarp, Adaptive Path, Confyrm, Capital One Securities, Critical Stack, Monsoon Company, Finnoble Solutions, NotchĬapital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States. None of the information on this page has been provided or approved by Capital One. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at Capital One. Zippia gives an in-depth look into the details of Capital One, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Capital One. International Association of Six Sigma CertificationĬertified Professional, Life and Health Insurance Program (CPLHI) The Association of Accountants and Financial Professionals in Business International Public Management Association for Human ResourcesĪmerican Institute of Certified Public Accountants Project Management Certified ProfessionalĬertified Professional - Human Resource (IPMA-CP) IT Information Library Foundations Certification (ITIL) National Association of Legal Assistants, Inc.Ĭertified Billing and Coding Specialist (CBCS) American Society of Phlebotomy Technicians ![]()
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