Capital One and Inclusiv Expand Partnership

Capital One expanded its partnership with Inclusiv, investing $7 million to boost lending capacity, enhance digital tools, and deepen its reach of community development credit unions (CDCUs). This collaboration is part of Capital One’s $265 billion Community Benefits Plan, designed to help increase economic opportunity for low- and moderate-income consumers, small businesses and communities. 

The multi-year partnership builds on Capital One’s deep commitment to supporting credit unions and CDFIs, which play a critical role in the U.S. financial ecosystem. By supporting Inclusiv's network of CDCUs, the initiative helps expand access to capital in urban and rural LMI communities across the country, where capital is most needed. These institutions build credit, grow savings, and secure their financial futures through flexible capital, local expertise, and affordable lending products.

In addition to the capital commitment to support loan purchases, Capital One and Inclusiv are also partnering in support of scaling Capital One's Second Look Auto Program, recognizing that buying a car is one of the most significant financial and emotional decisions a person can make. Following a successful pilot with Inclusiv member, Hope Credit Union, this national expansion offers an alternative path to vehicle ownership for borrowers who may not initially qualify for financing, helping more people access reliable transportation.

"Personal mobility is one of the strongest drivers of financial stability," said Sanjiv Yajnik, President, Financial Services at Capital One. "Inclusiv has spent more than five decades building trust in communities with more limited access to traditional banking. By partnering with Inclusiv, we can help more people access reliable transportation, financial tools and the broader economic opportunity mobility can create."

For many Americans, a vehicle is the economic engine of their lives, providing essential access to employment, education, and healthcare. This collaboration is focused on helping people balance immediate costs with long-term financial stability, ensuring that sustainable vehicle ownership lasts well beyond the first payment.

"This partnership exemplifies the kind of investment that can transform lives and communities," said Cathie Mahon, President & CEO, Inclusiv. "This partnership with Capital One is key to extending the reach of community development credit unions and ensuring more Americans — regardless of ZIP code or income — have access to the financial tools they need to thrive.”

Capital One Financial Corporation (NYSE: COF) is a leading technology-based financial services company with $489.1 billion in deposits and $682.9 billion in total assets as of March 31, 2026. Headquartered in McLean, Virginia, the company operates as a premier global payments provider and diversified financial institution, delivering a broad suite of products and consumer lifestyle and shopping experiences through its Credit Card, Consumer Banking including its Global Payment Network, and Commercial Banking lines of business. As the only major U.S. bank to migrate entirely to the public cloud, Capital One leverages proprietary data and advanced analytics to democratize financial tools across its primary markets in the United States, Canada, and the United Kingdom.

For more information, visit www.capitalone.com, www.capitalone.com/about/newsroom/, and www.investor.capitalone.com.

Inclusiv empowers its member credit unions to advance financial inclusion through advocacy, education, technology, and impact investment. Inclusiv is a certified CDFI intermediary instrumental in driving private and public investment in credit unions to build wealth for individuals, households, businesses, and communities formerly excluded from the financial mainstream.