Capital One

Capital One Financial Corporation will expand its River’s Bend operation by 45,000 square feet and add 350 associates. The River’s Bend facility will now total 123,000 square feet and employment will reach 950.

Capital One opened its River’s Bend call center operation in Chesterfield in 1998 leasing 78,000 square feet and began hiring 600 people. This new expansion will help Capital One accommodate their rapid Growth trajectory which includes adding 20,000 new customers a day.

Recently, the company was ranked #41 by FORTUNE magaine (January 11, 1999 issue) in its listing of the “100 Best Companies to Work for in America.” Capital One is the only Virginia based company on the list.

Capital One was attracted to southeastern Chesterfield County by the size of the skilled labor pool, by opportunities the River’s Bend Center site offers for expansion, and the the convenient access to I-95.

Capital One officials have been extremely pleased with the quality of new employee applicants. The company has contributed $100,000 to fund Capital One Child Care and Youth Training at the Chester Family YMCA and $130,000 towards a partnership with John Tyler Community College and Chesterfield Public Schools to provide a work skills training program for high school and community college students.