The Capital One Financial Corporation is one of those bank holding companies that concentrate on auto loans, credit cards, savings, and banking facilities and has been based in McLean, Virginia.
The Capital One Ban has been ranked 8th among the largest commercial banks headquartered in the United States of America in terms of deposits and assets. Further, Capital One is positioned 10th on the listing of the biggest banks in the US in terms of overall assets. The bank comprises of 755 branches or offices comprising of the 18 café style settings along with above 2,000 ATMs. It is also positioned 100th in the Fortune 500 listing and is 17th on the Fortune’s 100 Best Companies to function for the listing, and organizes business within the USA, UK, and Canada.
The corporation assisted in pioneering the bulk marketing of its credit cards in the year 1990s, and it has been ranked amongst of the biggest customers of the US Postal Service owing to its straight mail credit card solicitations. In the year 2015, it used to be the 5th biggest credit card issuer in terms of the buying volume, following JP Morgan Chase, American Express, Citigroup, and Bank of America.
Capital One is moreover the 4th biggest bank automobile lender, comprising of a market share of above 4% in the year 2016. Further in the same year, about 62% of the revenue generated by the corporation was from credit cards, nearly 26% out of consumer banking, above 11% out of commercial banking, and the remaining 1% was out of other means.
Capital One Financial Corporation – Divisions
Capital One functions 3 distinct segments that are as follows:
This division provides you with the banking services, comprising of the saving accounts, checking accounts, and money market accounts. It further functions the CapitalOne 360, a direct bank.
Capital One provides you with credit cards in Canada, the US, and the UK. Till the December 31, 2016, following the Citigroup and JP Morgan Chase, the Capital One Bank was ranked 3rd biggest credit card provider, comprising of an outstanding receivables balance of about $91 billion, signifying about of 12.1% of the entire outstanding credit card receivable balance in the USA. Till December 31, 2016, the bank used to possess a total of $97 billion as per the credit card loans that are outstanding in the US and about $8 billion of credit card loans that are outstanding in both the UK and Canada.
Capital One used to be one among the biggest mortgage givers, having $21 billion in home loans outstanding till December 31, 2016. It departed the mortgage business dated November 7, 2017, by laying off near about 1,100 employees. It used to be the 12th biggest mortgage provider amongst the banks at $20.6 billion value of housing mortgages.
Together with Bank of America, Wells Fargo, JP Morgan Chase, and Ally Financial, the Capital One Bank is one of the best banking automobile lenders within the United States in terms of volume. On or after December 31, 2016, Capital One possessed about $48 billion in terms of automobile loans outstanding.
Commencing December 31, 2016, the Capital One Bank used to have $66 billion in loans outstanding held by multifamily, commercial, and business possessions.
Routing Number for Capital One Bank
The Routing Number for Capital One Bank has been needed for planning of direct deposit, wire transfers, setting up electronic payments, and check reordering. These RTNs or Routing Transit Numbers are further also recognized in the name of ACH routing numbers, ABA routing numbers, transit numbers, etc.
The finest method to find the routing number of the bank account that you hold is to have a look at the extreme left-side corner of the check provided to you by the financial institution or bank. The initial 9-digits starting from the left corner towards the right is your bank’s routing number.
Your bank account’s routing number relies on the banking institution in which you have your account. Have a look at the utmost current paper or online statement to discover which banking corporation you have your account in and utilize the routing number in view of that.
Capital One, N.A.: Routing Number is 056073502
Capital One Bank (USA), N.A.: Routing Number is 051405515
Capital One 360: Routing Number is 031176110