Capital One Awards Three Grants

Capital One Financial Corp., which is expanding its operations into Chesterfield County announced it is awarding $230,000 in grants to benefit John Tyler Community College, the Chesterfield school division and the Chester Family YMCA.

John Tyler and the Chesterfield school division will receive $130,000 over two years to develop a training program for community college and high school students. The program will provide instruction from keyboarding to the basics of work in the financial industry.

“This partnership will provide important skills for young people entering today’s work force, “Richard D. Fairbank, Capital One’s chairman and chief executive officer, said in a statement.

In addition, the Chester YMCA will get $100,000 to finance the Capital One Child Care and Youth Training Center.

Capital One, announced in March plans to open a customer service center in the River’s Bend Business Center in southeastern Chesterfield. The new center is expected to open in August and employ 600 people. Applications for these positions have been impressive and they received over 2000 immediately after their announcement in March. Training for the new positions will begin in June and will be a joint effort of Capital One, the State’s Department of Business Assistance Workforce Services division, and John Tyler Community College