Current CEO: Richard D. Fairbank
The Capital One culture plays a major role in the overall success of this company. Founded in 1988, Capital One Financial Corporation originally began as a spin-off of Signet Banking Corporation by Richard Fairbank and Nigel Morris. This pair had a vision and belief that by combining the power of information with technology, testing and a team of highly intelligent and innovative people you could provide consumers directly with the financial products that they required. Most notably known for their wide distribution of debit cards and ATM introduction into the modern financial market throughout the early 1990s, this company has demonstrated their strong belief in innovations when it comes to safeguarding their consumers’ financial assets.
Today, Capital One Financial is the single largest consumer franchise in the United States with headquarters located in McLean, Virginia. They handle more than 45 million customer accounts and are the fourth largest customer of the United States Postal Service due to all of the mail that they send out on a regular basis to their customers. Individuals that are interested in working at Capital One will find many opportunities at one of the more than 1,000 branch locations, which are primarily located throughout New York, New Jersey, Louisiana, Maryland, Texas, Virginia and the District of Columbia.
Through the years, Capital One has purchased and obtained many well-known financial businesses that have been faced with financial struggles. Some of these companies have included:
* Hibernia National Bank in 2005
* North Fork Bancorporation in 2006
* North Fork Bank in 2008
* Superior Savings of New England in 2008
* Chevy Chase Bank in 2008
One of the key factors that has helped Capital One Financial get through the tough times themselves while other financial institutions were forced to file bankruptcy or go out of business is their concept of facing these hard and challenging economical struggles within the company head-on. This has made the company stronger throughout the years and has given their customers the ability to entrust them with their financial services with confidence.
With a solid reputation as a leading American financial provider, there are many career opportunities available within this company. From entry-level positions to executive seats, individuals will find that the various available Capital One careers are quite rewarding. The Capital One benefits that accompany these positions are top tier when compared to other similar companies within this field. Examples of the benefits available through this company include:
* Life insurance
* Flexible spending accounts
* Financial benefits
* Managed income protection
Specialty benefits that are provided to employees within the company include:
* Medical, dental and vision coverage without discrimination
* Adoption support
* 24-hour telephone assistance
* Paid time off for earned vacations and holidays
* Health and fitness services at on-site centers or discounts to local participating fitness facilities