Capital One Announces $265 Billion Community Plan as Part of Discovery Deal
COFCapital One(COF) PYMNTS.com·2024-07-18 01:52

Capital One Announces 265BillionCommunityBenefitsPlanCapitalOnesaidTuesday(July16)thatacombinationofthebankwith DiscoverFinancialServiceswouldprovidemorebenefitstounderservedcommunitiesthantheorganizationswouldofferseparately.Thebanksaidthisina pressreleaseannouncinga265 Billion Community Benefits PlanCapital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide more benefits to underserved communities than the organizations would offer separately.The bank said this in a press release announcing a 265 billion community benefits plan that it developed in partnership with four community groups.“We have a long history of developing innovative ways to serve these core constituencies, and we are commi ...