Capital One today announced a holiday gift of $500,000 to support Second Harvest Food Banks in each of Capital One’s cities of operation in the United States. Capital One’s donation will be used to provide funding for the local Second Harvest Food Banks to embark on a major endeavor — the Capital One Kids Cafe — to feed children at risk during the holidays and throughout 1998 as well as provide solid educational tools and a nurturing environment to prepare them for the future.
“Capital One is committed to the communities where we work and live,” said Richard D. Fairbank, Capital One’s Chairman and Chief Executive Officer. “We realize that hunger is not just a holiday concern, so we wanted our gift to have long-term impact and make a measurable difference in the lives of children.”
Capital One’s $500,000 contribution will be made to local Second Harvest Food Banks in each of the following cities: Dallas/Ft. Worth, Texas; Tampa, Florida; Richmond, Virginia; Fredericksburg, Virginia; and metropolitan Washington, D.C. In addition, Capital One associates will have significant mentoring and tutoring opportunities to be involved with the Kids Cafe through the Capital One Volunteer Organization.
Headquartered in Falls Church, Va., Capital One Financial Corporation (NYSE: COF) is a financial services company whose principal subsidiaries, Capital One Bank, and Capital One, F.S.B., offer consumer lending products. Capital One’s subsidiaries collectively had 10.7 million customers and $13.5 billion in managed loans outstanding as of September 30, 1997, and are among the largest providers of MasterCard and Visa credit cards in the world. Capital One’s Internet address is .Details