Our community benefits plan

Committed to access,
growth and well-being

Capital One’s historic community benefits plan, which was developed as part of our acquisition of Discover Financial Services, totals more than $265 billion in lending, investing and philanthropy over five years.

This plan will be more than twice as large as any other community commitment developed in connection with a bank acquisition.

These commitments will aim to expand economic opportunity for low- and moderate-income (LMI) consumers, those in LMI neighborhoods, and rural areas. It will support increased access to best-in-class products and services for consumers across the credit spectrum and expand access to capital and opportunity.

The plan includes significant financial and programmatic investments in support of critical economic priorities including housing affordability, no-fee banking access and small business growth.

The five-year plan is designed to:

  • Enable greater access to safe and affordable housing
  • Expand access to credit so small business owners can sustain and grow their businesses
  • Increase access to credit for LMI consumers
  • Build high-quality local infrastructure to facilitate the delivery of essential services, and
  • Support the development of schools, civic centers, and healthcare facilities that are vital to building strong and vibrant communities

Letters of support

We have a deep history of making a positive impact in the community

We have a deep history of making a positive impact in the community

Engaging with our communities

Responsive to community needs

The plan was developed in partnership with leading community groups and represents a comprehensive package of community-focused solutions.

In addition to a robust negotiating process led by the community groups, which collectively represent more than 800 nonprofit organizations nationwide, Capital One’s plan was informed by conversations with the company’s long-standing Community Advisory Council, more than 100 community organizations nationwide, and more than 100 local, state, and federal elected officials to discuss the acquisition and hear ideas for how our efforts and community benefits plan could be most responsive to the needs of communities across the country.

Download the plan overview