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Capital One Named Fifth Largest Employer in Richmond

April 13, 1997 at 12:00 AM EDT

(April 13, 1997) - With more than 4,001 associates in the Richmond area, Capital One employs more people than other local companies such as Dominion Resources, Ukrop's, Crestar, NationsBank, Signet and Media General. Capital One's continued growth lifted its ranking from seven in 1996 to its current standing at five.

The region's top 10 employers are:

Philip Morris
Columbia/HCA Healthcare
Circuit City Stores, Inc.
Reynolds Metals Co.
Capital One
Dominion Resources, Inc.
Ukrop's Super Markets, Inc.
Allied Signal Inc.
Crestar Financial Corp.
Bon Secours Richmond Health System

Source: Richmond Times-Dispatch, 4/13/97

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 consumer lending products. Capital One's subsidiaries collectively had 14.9 million customers and $16.3 billion in managed loans outstanding as of September 30, 1998, and are among the largest providers of Master Card and Visa credit cards in the world. Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 500 Index.