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Capital One Donates $20,000 to American Red Cross; Donation to Aid Fort Worth Tornado Victims

Submitted by: Capital One Financial Corporation

Categories: Philanthropy & Corporate Contributions

Posted: Apr 06, 2000 – 12:00 AM EST


Apr. 06 /CSRwire/ - Today, the American Red Cross accepted a $20,000 donation from Capital One (NYSE: COF). The gift will support the disaster relief efforts in Tarrant County, including the cities of Fort Worth, Arlington and Grand Prairie.

"We're very excited about Capital One's financial support," said Michael Barry, head of the Red Cross' relief efforts. "Donations such as this will go a long way in helping the Red Cross meet the emergency needs of those devastated by these tornadoes."

"We are committed to helping our neighbors during this time of crisis," said Mitch Beres, Capital One's Director of Risk Operations. "We cannot control natural disasters, but we're going to do everything we can to help in the healing process. Our more than 1,500 associates who live and work in the area join us in partnering with the American Red Cross to make a difference and rebuild our community."

Headquartered in Falls Church, Virginia, Capital One Financial Corporation (www.CapitalOne.com) is a holding company whose principal subsidiaries, Capital One Bank and Capital One, F.S.B., offer financial products and services to consumers. Capital One's subsidiaries collectively had 23.7 million customers and $20.2 billion in managed loans outstanding at December 31, 1999, and are among the largest providers of MasterCard and Visa credit cards in the world.

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