Capital One

Capital One Financial Corporation is an American bank holding company specializing in credit cards, home loans, auto loans, banking and savings products. When measured in terms of total assets and deposits, Capital One is the eighth-largest bank holding company in the United States. As of, The bank has  Capital One Bank Branches  ncluding café style locations for their Capital One 360 brand On July 27, 1994, Richmond, Virginia-based Signet Financial Corp announced the spin off of its credit card division, OakStone Financial, naming Richard Fairbank as CEO (Signet Banking Corp is now part of Wells Fargo). Signet renamed the subsidiary Capital One in October of that year.[13] The spinoff was concluded February  making Capital One fully independent. Unlike other diversified financial services firms, Capital One began as a "monoline", meaning the vast majority of its business was in consumer lending, particularly credit cards. Remaining a monoline is risky, as it can be very profitable industry in good times, and markedly unprofitable in bad. Most consumer-lending monolines in the past twenty years have either gone out of business (e.g., The Money Store, NextCard, Royal Acceptance) or have been acquired (e.g., MBNA, Beneficial, First USA); Capital One is notable for having experienced neither.

Capital One Auto Finance

Capital One Auto Financial Corporation is the parent company of Capital One Auto Finance Company, based in Plano, Texas The company includes Summit Acceptance Corporation, which Capital One acquired in July 1998, and PeopleFirst Finance LLC, which was acquired in October . The companies were combined and rebranded as Capital One Auto Finance Corporation in  Capital One Auto Finance is the largest Internet auto lender, as well as one of the top US auto lenders overall.
The company, which previously sold auto loans only through direct mail and auto dealerships, lets auto owners refinance existing auto loans and shoppers apply for new auto loans online. A decision usually comes within 15 minutes, after which the buyer receives a "blank check" for up to the approved auto loan amount, which the buyer uses to purchase a car. To the dealership, it is as if the buyer were paying cash. The checks can be used to purchase a new or used vehicle, or to refinance an existing auto loan with another lender.
               
CapitalOne
CapitalOne is an online banking division of Capital One. The division originated in a separate company, ING Direct, which was founded in  in Wilmington, Delaware as a brand for a branchless direct bank. In September, ING Direct acquired  customers and FDIC insured assets from the failed virtual bank NetBank.Two months later, ING Direct acquired online stock broker Sharebuilder.Since, Capital One has been the principal sponsor of the college football Florida Citrus Bowl, rebranding it the Capital One Bowl in. It sponsors a mascot challenge every year, announcing the winner on the day of the Capital One Bowl. Capital One is one of the top three sponsors of the NCAA, paying an estimated  millions annually in exchange for advertising and access to consumer data.
wo months later, ING Direct acquired online stock broker Sharebuilder.
In June, Capital One Financial Corporation purchased ING Direct USA from its Netherlands based parent, ING Group, paying  billion. The sale was completed on June with the CEO of ING Group at that time Jan Hommen saying the sale "marks a further important step in the restructuring of ING Group. Yet at the same time we are saying goodbye to a very successful business and a dedicated teamFollowing the acquisition, ING direct was rebranded Capital One