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Something you might be interested in about Capital One ...
Capital One is a bank holding company which is best known for its credit cards and loans.
All about Capital One
Capital One is a banking company that's the eighth biggest in the United States, with around 800 Capital One locations. Ten of those locations are are styled like cafés as part of the Capital One 360 brand, their online banking division. They also have around 2,000 ATMs so customers can get out cash any time they need. They operate in the United States, Canada, and the United Kingdom.
One of the most notable things that Capital ONe has done is market credit cards on a large scale. They started doing this in the 1990s, and it was one of the first companies to do so. Today, around 62% of their annual revenue comes from credit cards, with the rest of the proportion being made up of consumer banking (28%) and commercial banking (10%).
The history of Capital One
Capital One started out as a spinoff from Signet Financial Corp. The spinoff was originally named OakStone Financial and was the credit card division. This was later renamed Capital One, and it became completely independent in 1995.
Its focus was on credit cards and other consumer lending, which is traditionally considered a risky line of business for banking. Unlike other banks who have focused on this, Capital One hasn't either been acquired or gone under.
Today, it's one of the biggest banks in the United States with around 800 locations around the country.
Capital One supports lots of different sports activities
Did you know that Capital One is a proud sponsor of some of the biggest sporting events of the year? Yep, they're one of the official corporate sponsors for a few different activities!
One of the ones you may have heard of is the NCAA, and Capital One helps them support their student athletes both on the field and in the classroom. Capital One is the NCAA's Official Corporate Champion.
They're also the sponsor for the Orange Bowl, whihc hosted the College Football Playoff semifinals, as well as the championship game for the Atlantic Coast Conference, and lots of the top teams in college football.
For the College Football Playoffs, Capital One is the Credit Card and Banking Partner. They host the playoffs and a championship tournament to crown the best football team in the country.
Similarly, they run the Capital One Cup to hand out awards to the very best athletic programs for both men's and women's sports at Division 1 schools.