Community | Capital One
We’re on a mission to change banking for good.
We’re committed to transforming lives and neighborhoods to build more than wealth, creating possibility and opportunity.
Our impact in action
Our $265 billion Community Benefits Plan, part of our acquisition of Discover, is designed to expand economic opportunity for low- and moderate-income consumers and communities. Through this plan, developed in partnership with leading community organizations, we will continue our mission to Change Banking for Good.
Our goals
Create economic opportunity
We’re harnessing our scale, innovative spirit and community partnerships to help more people access affordable, best-in-class financial products and services, achieve lasting security and build generational wealth.
Improve financial well-being
We will expand access to capital and credit, enabling small businesses to grow, individuals to weather financial shocks and build wealth and neighborhoods to be places of opportunity.
Engage in our community
We are deepening our partnerships with over 800 nonprofits and community organizations, scaling our support to enable local leaders to drive sustainable solutions.
AREAS OF IMPACT
Ready and resilient consumers
We’re continuing to reimagine banking with simpler, more affordable products that expand access to financial opportunity.
Affordable housing
Safe, stable housing is the foundation of financial security. We’re committed to helping individuals and families obtain their version of the American dream.
Grow and sustain small business
Dedicated entrepreneurs and small businesses drive local economies by creating jobs and building wealth in communities across America.
Community development
We’re sparking economic opportunity by investing in the building blocks of vibrant neighborhoods: modernized schools, financial services (CDFIs) and healthcare facilities.
INVESTMENT HIGHLIGHT
Capital One Announces $1 Million Investment for The Bronx
Expanding growth and opportunity in NY, Capital One unveils new Café at Fordham Road, alongside $1M in Bronx community giving.
Supporting D.C. Small Businesses
A mobile kiosk known as “The Bridge Spot” offers small businesses a chance to rotate locations across Washington, D.C.
Supporting Entrepreneurs in RVA
The Entrepreneur Empowerment Program is leveraging a collaboration between four organizations to build a small business ecosystem
Affordable Housing Access
Capital One supports workforce and affordable housing creation and preservation nationwide
COMMUNITY PERSPECTIVES
Capital One
Marla Bilonick, President & CEO, NALCAB
“We’re thrilled to have had the chance to include our expertise and our members’ perspectives in the development of a community benefits plan with Capital One. Capital One consistently and proactively seeks constructive community feedback — then takes it a step further by incorporating that feedback into their product and service delivery.”
Biz New Orleans
Michelle Whetten, Vice President & Gulf Coast Market Leader, Enterprise Community Partners
“CDFIs are powerful local engines–especially in New Orleans, where adaptability and innovation are second nature. Capital One’s commitment will help local CDFIs deliver flexible, low-cost capital that drives economic development, provides critical support for first-time homebuyers and small businesses and meets the urgent needs of our communities.”
Northeast Times
Anthony Bellmon, Pennsylvania State Representative
“The Capital One Community Benefits Plan represents the kind of bold, comprehensive investment our communities have long needed.”
Bronx Times
Vanessa L. Gibson, Bronx Borough President
“This funding will help uplift local businesses, support job creation and expand access to critical financial resources. The new Capital One Café on Fordham Road is more than just a banking space; it’s a hub for opportunity and community empowerment.”
Frequently asked questions
Has Capital One started deploying the $265 billion Community Benefits Plan?
Yes. The process of implementing the plan has begun, and will continue over the course of the next five years.
Can I apply for funding now?
Our grant process for the CBP will follow our typical practice of always-on sourcing and relationship development, and we will only be accepting grant requests received by invitation. In select cases, we may supplement our approach with an open call or RFP process. Capital One’s approach recognizes the need to apply most of our funding against solutions that are driven locally at a market level. This is also supplemented with select partnerships with national organizations that have demonstrated ability to innovate and drive impact at scale.
When will more information be available?
This site will continue to be updated with new information on our commitments, partners, and progress. Existing and potential community partners are not required to take any new or additional action related to Capital One’s CBP.
Has the plan changed since it was first announced?
Our Community Benefits Plan was designed to meet the needs of the communities and may evolve as new needs are identified. We will publish ongoing updates to this website and share formal updates on an annual basis, starting in the second quarter of 2026.
Who can I contact if my organization has an idea or wants to share information about our work?
More information about the intake process will be available in the coming weeks. We continue to source ideas and opportunities through ongoing conversations with local leaders and our current community partners.
Can an organization receive funding in more than one Community Benefits Plan impact area?
Yes. Many organizations operate across multiple issue areas, and we recognize that their impact often spans more than one area of the Community Benefits Plan. Funding decisions are made based on the alignment of an organization’s work with the plan’s goals on a case by case basis.