Capital One Signs Onto Operation HOPE's "Silver Rights" Campaign to Empower U.S. Youth Through Banking on Our Future

Mon Dec 24, 2007 6:02pm EST
 
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  LOS ANGELES, CA, Dec 24 (MARKET WIRE) -- 
 Supporting Operation HOPE's (HOPE) mission to inspire the next generation of
economic stakeholders, credit and financial services leader Capital One is
investing $30,000 in HOPE's Banking on Our Future youth program, as well as
classroom volunteer activities in several states across the country.

    Supportive of organizations who share their commitment to helping businesses
and
individuals realize their goals, Capital One currently has several programs
they're involved in. At a student-run branch at North Fork Bank in New York,
for example, youth are given the opportunity to work in a bank environment
and actually hone their business and financial literacy skills.

    Outside the New York area, associates at Capital One in Denver and
California
will now have an opportunity to instruct students ages 9-18 in HOPE's
four-module curriculum, which covers the basics of banking, money management,
savings, and investments.

    "Capital One is dedicated to providing quality financial education
programsto help students learn how to build their financial lives," stated Lynn
Pike,
president of Capital One Banking. "We believe that through HOPE's Banking on Our
Future program, we are providing a solid financial education to students today
that
will help build a strong, global economy tomorrow."

    Banking on Our Future works in partnership with local education systems at
no cost to schools. Having educated more than 255,000 students at almost 500
schools and community-based organizations nationwide over the last 10 years,
the program has received Oprah Winfrey's "Use Your Life Award" and the U.S.
Treasury Department's John Sherman Award for Financial Literacy Excellence.

    "We applaud Capital One's desire to help impact the lives of hundreds of
young people through our 'silver rights' financial literacy initiatives," said
John
Hope Bryant, Operation HOPE founder, chairman and chief executive officer. "We
also
appreciate Lynn Pike's valued service over the years on HOPE's national and
executive board, along with her service as a national board liaison to our
Northeastern board."

    About Capital One

    Headquartered in McLean, Virginia, Capital One Financial Corporation is a
financial holding company, with 732 locations in New York, New Jersey,
Connecticut, Texas and Louisiana. Its principal subsidiaries, Capital One
Bank, Capital One Auto Finance, Inc., and Capital One, N.A., offer a broad
spectrum of financial products and services to consumers, small businesses and
commercial clients. Capital One's subsidiaries collectively had $83.3 billion
in deposits and $146.4 billion in managed loans outstanding as of September
30, 2007. Capital One, a Fortune 500 company, trades on the New York Stock
Exchange under the symbol "COF" and is included in the S&P 100 index. For
more detail visit http://www.capitalone.com.

    About Operation HOPE, Inc.

    Operation HOPE, Inc. (HOPE) is America's leading nonprofit social investment
banking and financial literacy empowerment organization. Through several global
initiatives and its three principal programs: Banking on Our Future (teaching
school children about money), HOPE Coalition America (financial emergency
preparedness and disaster recovery), and the HOPE Center Banking Network
(loans, bill pay, computer literacy, understanding banking principles), HOPE is
leading
the "silver rights" movement towards making free enterprise and capitalism
relevant to all underserved communities. For more information, visit us at
http://www.operationhope.org.

    

Contact:
Kevin Ross, Esq.
213.891.2900

Sherry T. John
213.891.2908

Copyright 2007, Market Wire, All rights reserved.

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