Company Profile
Company Overview
Capital One is much more than a credit card company – we’re a progressive financial services powerhouse offering auto loans, banking, home loans and healthcare finance. We’re proud of the double-digit growth we’ve achieved over each of the last ten years. We’re also committed to searching the world to find great people, and then offering them every opportunity to achieve greatness.
Our culture is built on two key values: Excellence and Do the Right Thing. Excellence truly drives everything we do. That means hiring highly talented and ambitious people, dedicating the right resources and being consistently innovative. Our environment is all about teamwork, integrity and mutual respect. By doing the right thing for our customer and our team, success follows.
Company History
Capital One was founded as a new credit card division of Signet Bank in 1988 by Rich Fairbank, Capital One's Chairman and CEO, and Nigel Morris, former Vice Chairman. They saw that traditional banking and financial services lacked a focus on the individual customer and that technology could accurately guide business and credit decisions.
The solution was to become known as the Information-Based Strategy (IBS), which brought marketing, credit, risk, operations, and IT into a flexible decision-making structure. Its purpose was to enable us to offer financial solutions tailored to an individual customer's needs.
Fairbank pitched the IBS idea to more than 20 national retail banks before Virginia-based Signet Bank invited them to launch its Bank Card Division. Over the next several years, the company ran thousands of tests and eventually introduces the first balance transfer card.
In 1994, Signet spun off its credit card division as Capital One Financial.
Benefits
Additional Benefits Include:
- Adoption Support
- Associate Savings Plan (401k)
- Education Assistance
- Flexible Spending Accounts...and more!