Capital One Bank To Donate Up to $100,000 to Hurricane Isaac Relief Efforts

Donations give organizations the opportunity to help residents recover
Sep 13, 2012 1:35 PM ET

(3BL Media) New Orleans, LA - September 13, 2012 - Capital One Bank today announced contributions totaling up to $100,000 to support Gulf Coast communities impacted by Hurricane Isaac.

The $100,000 donation includes $50,000 to the Greater New Orleans Foundation (GNOF) and $30,000 to the Baton Rouge Area Foundation (BRAF), and Capital One also will match donations by its associates totaling up to $20,000 to the Red Cross of Southeast Louisiana, GNOF, BRAF, Salvation Army and Habitat for Humanity.

“Though the storm has passed, Capital One Bank continues its long-standing commitment to Louisiana with this $100,000 donation,” said Robert M. Stuart, Jr., Capital One Bank’s Louisiana State President. “We’re pleased to do our part to help those in our state who are in need after Hurricane Isaac, and we hope our donation helps to rebuild strong neighborhoods throughout coastal Louisiana.”

Through an approach called “Investing for Good,” Capital One Bank is committed to delivering core banking services along with specialized community development, philanthropic and volunteer support to generate lasting, local community impact and valuable business results. Donating to these organizations demonstrates Capital One Bank’s long-standing commitment to programs that support relief efforts.

About Capital One

Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., Capital One Bank (USA), N. A., and ING Bank, fsb, had $213.9 billion in deposits and $296.6 billion in total assets outstanding as of June 30, 2012. Headquartered in McLean, Virginia, Capital One and ING DIRECT offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has approximately 1,000 branch locations primarily in Louisiana, Texas, New York, New Jersey, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.

Contact:

Steven Thorpe

504-533-2753

steven.thorpe@capitalone.com