Who Is Capital One Owned by? (2024)

FAQs

Who is the parent company for Capital One? ›

Capital One is a subsidiary of Capital One Financial Corporation, a U.S.-based bank holding company headquartered in McLean, Virginia and founded in 1994. Capital One has been a subsidiary of Capital One Financial Corporation since it was established as a separate division of the company in 1994.

Mr. Fairbank is the founder, CEO and Chairman of Capital One and one of just a few founder-CEOs among America's largest public companies. In 1987, Mr. Fairbank founded Capital One on the belief that data and technology could change how banking works.

Capital One is the banking unit of Capital One Financial Corp., and it offers a wide range of deposit products, including certificates of deposit, checking and savings accounts. The bank also offers loan products like credit cards and business deposit accounts.

Richard Fairbank is the founder, Chairman, and CEO of Capital One. He is the company's largest individual shareholder, with a 1.11% stake in the company. The Vanguard Group, BlackRock, and Dodge & Cox are the largest institutional shareholders, with a combined 24.85% stake in the company.

Two financial giants are joining forces, but the impact may not be seen until early 2025. On February 19, Capital One announced it would acquire Discover in an all-stock transaction worth $35.3 billion.

Capital One is an independent publicly traded company. It's a subsidiary of Capital One Financial Corp., which was established in 1994 by Richard Fairbank, the current chairman and CEO. Fairbank earned his undergraduate and graduate degrees from Stanford University.

Capital One is an independent bank not owned by any other financial institution. It operates as a publicly traded company headquartered in McLean, Virginia.

The similarity of Credit One Bank's logo and the Capital One logo caused confusion among consumers, with many not realizing they were separate companies. Credit One Bank adopted their black and blue "swoosh" logo in 2006. In February 2009, Capital One acquired Chevy Chase Bank for $520 million in cash and stock.

On December 1, 2017, Memphis, Tennessee-based First Horizon National Corporation completed its $2.2 billion purchase of Capital Bank.

Your money is safe at Capital One

Capital One, N.A., is a member of the Federal Deposit Insurance Corporation (FDIC), an independent federal agency.

Who governs Capital One Bank? ›

As a result of Capital One's ownership of a single savings association, the Savings Bank, Capital One is a unitary savings and loan holding company subject to regulation by the OTS and the provisions of the Savings and Loan Holding Company Act.

According to anecdotal reports, the card's credit limit can be as low as $750 and as high as $10,000. However, Capital One does not list a minimum or maximum credit limit in the card's terms and conditions. If you want to aim for a higher credit limit, there are a number of areas...

No, Citibank and Capital One are not the same company. Citi and Capital One are completely independent companies, offering different products, operating separate rewards programs, and operating out of headquarters more than 200 miles from each other.