Capital One Expansion to Create 800 Additional Jobs in Dallas/Fort Worth; Companies Lease Additional Space in Dallas/Fort Worth Metroplex
FALLS CHURCH, Va., April 14 /PRNewswire/ -- Capital One Services, Inc. (NYSE: COF) announced plans to hire an additional 800 associates in the Dallas/Fort Worth area. The additional employees will work out of a new 120,000 square foot site the Company is leasing in Irving (Dallas County) that is expected to be operational by the end of the year. Capital One currently employs approximately 1,000 associates at its facility on Amon Carter Boulevard, just south of the Dallas/Fort Worth airport. In the interim, the Company leased temporary space (also located in Irving) that will be operational immediately. Both facilities will function as customer contact centers -- to support a number of different business functions, including customer relations and collections. Mitch Beres, director of Capital One's Dallas/Fort Worth facility, said, "Capital One is on a growth trajectory -- currently adding more than 15,000 new customers a day -- and we need lots of talented associates to help us take care of our customers. Our Metroplex center is full of outstanding associates and we are confident that we'll continue to attract the best and the brightest to join Capital One." Summit Acceptance Corporation, a subsidiary of Capital One also based in the Dallas/Fort Worth area, is also hiring associates. Summit's offices will be moving to a larger site located off the Dallas Parkway in Plano, Texas. In addition to the Texas expansion, Capital One recently announced plans to expand in Virginia and Washington State. Capital One currently employs more than 11,000 associates worldwide, with locations in Virginia, Texas, Florida, Washington State, Massachusetts and the United Kingdom. Capital One is hiring in all its locations; those interested in opportunities are invited to call the Company's hiring line, 1-800-77-HIRE-1, or to visit the Company's Web site, www.capitalone.com. Capital One Financial Corporation is one of the fastest-growing, most profitable companies in the United States. Using its proprietary Information-Based Strategy to generate constant innovation, Capital One has quickly become one of the world's largest issuers of credit cards and a direct marketer of consumer lending products. It is also a pioneer in the direct marketing of wireless phone service. As of December 31, 1998, the Company had $17.4 billion in managed loans and 16.7 million customers in the United States, United Kingdom and Canada. Capital One trades on the New York Stock Exchange (NYSE: COF) and is included in the S&P 500 Index. Fortune magazine ranked Capital One #41 on its 1999 list of the 100 Best Places to Work and was named #15 on Business Week's list of the top 50 performers on the S&P 500.
SOURCE Capital One Services, Inc.
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