Capital One Commits $1 Million in Support for Hurricane Sandy Relief and Recovery Efforts

  Capital One Commits $1 Million in Support for Hurricane Sandy Relief and
  Recovery Efforts

Business Wire

MCLEAN, Va. -- October 31, 2012

Capital One today announced a $1 million commitment to support Hurricane Sandy
relief efforts. Capital One’s cash contributions include $200,000 in emergency
relief grants and an additional $600,000 to support longer-term recovery
efforts and will also match up to $200,000 in contributions made by customers
through the Capital One No Hassle Giving site.

Capital One’s commitment includes $200,000 in emergency relief grants to
national and local organizations providing immediate on the ground support for
relief efforts. The organizations receiving assistance from Capital One
include AmeriCares, Global Giving, local NY, NJ and Delaware Red Cross
chapters, the Virginia Disaster Relief Fund and the Community Foundation of
the National Capital Region.

Capital One will also provide $600,000 in grants to aid in the longer-term
recovery efforts in areas of New York and New Jersey that were devastated by
the storm. This will include support for local organizations assisting
families, communities and small businesses as they work to rebuild from the
devastation caused by this unprecedented event.

“Capital One considers itself a part of many of the communities that were
hardest hit by this disaster. We are grateful to the first responders who have
put themselves in harm’s way and our thoughts are with the individuals,
families and communities who have been impacted by the storm,” said Michael
Slocum, Northeast Regional President, Capital One Bank. “Local non-profits and
community based organizations will be providing critical assistance in the
coming days, weeks and months, and we are committed to do everything we can to
help our customers and local communities recover and rebuild from this
devastating event.”

Working in partnership with local non-profit organizations, Capital One
associates will also assist in immediate and long-term recovery efforts,
through company-matched monetary contributions and donations to area food
banks, by providing disaster kits and other assistance to shelters in impacted
areas, and volunteer efforts to assist in local clean-up and neighborhood
rehabilitation.

Capital One also has assistance and support available to customers affected by
the storm and encourages customers who may be experiencing unexpected
financial challenges due to the storm to contact the company with any
questions or concerns. Capital One customers can call the number on their
cards or statements, or reach out to @askcapitalone on Twitter.

Capital One also reminds its credit and debit cardholders that they can
contribute to Hurricane Sandy relief efforts by donating through the Capital
One No Hassle Giving Site (https://www.capitalone.com/give). Launched in 2008
in partnership with Network for Good, the site allows Capital One cardholders
to donate cash or credit card rewards to more than 1.2 million U.S. charities,
including organizations supporting disaster relief efforts. For all cardholder
donations made through the Giving Site, Capital One covers the transaction
fees associated with online transactions so that 100% of our cardholders’
donations get to their charity of choice. Through November 9, 2012, Capital
One will match gifts made to the American Red Cross and Voluntary
Organizations Active in Disaster (VOAD) through the No Hassle Giving Site up
to $200,000.

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 $213.3 billion in deposits and $302.0
billion in total assets outstanding as of September 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 New York, New Jersey, Texas, Louisiana,
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:

Capital One
Shelley Solheim, 917-589-6203
shelley.solheim@capitalone.com
 
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