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Capital One shares early progress on Community Benefits Plan

Six months in, Capital One’s Community Benefits Plan is driving progress in communities nationwide

June 16, 2026

In communities across the country, economic opportunity can take many forms: a family moving into stable housing, a small business owner accessing capital, a nonprofit expanding services for local families, or a city strengthening the roads and water systems residents depend on every day.

Capital One’s Community Benefits Plan is designed to drive those moments of progress. The everyday steps that help people move forward, build resilience, navigate life’s challenges, and achieve their dreams. 

Today, Capital One is proud to release the inaugural interim progress report for its five-year, $265 billion Community Benefits Plan (CBP), offering an early look at how the company is working with community partners to expand economic opportunity and financial well-being for individuals, families, small businesses and communities. One year into the five-year commitment, this report highlights progress achieved during the first six months of implementation.

How our Community Benefits Plan is making an impact

In our Community Benefits Plan’s first six months, we deployed over $43 billion—representing 16% of our five-year $265 billion commitment—and established a strong foundation for the future.
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Launched following the acquisition of Discover, Capital One moved beyond the traditional CBP to create a program that was built on a simple belief: financial opportunity is created over time through moments that help people move forward and stay resilient.

Six months into this five-year commitment, Capital One is putting its Community Benefits Plan into action through investments, lending and community partnerships. The company has deployed more than $43 billion across its five impact pillars: supporting financial resilience, enabling wealth building, sustaining and growing small businesses, creating and preserving affordable housing, and building thriving communities. Together, these investments are helping address evolving local needs and create opportunities in communities across the country – from consumer lending and savings tools to homeownership initiatives, small business support, affordable housing investments and community development financing.

OVER $43 BILLION IN ACTION of $265 billion committed $34.7B of $200B committed in Consumer Card and Auto Lending to low- and moderate-income (LMI) individuals and families, and those who reside in LMI communities, helping people build credit responsibly $5B of $44B committed in Community Development Loans and Investments, targeting the areas of affordable housing, economic development, revitalization/stabilization, community services and alternative energy $2.5B of $15B committed in Small Business Lending, providing capital to business owners in LMI areas or businesses with $1 million or less in revenue to help them sustain and grow $858M of $5B committed in Supplier Development Spend, helping local small businesses grow, hire and build long-term stability $90M of $575M committed in Philanthropy, deployed across focus areas including affordable housing, small business, credit building, Community Development Financial Institutions (CDFIs), responsible AI, education and capacity building for nonprofits $3M of $500M new originations* in CDFI Lending, as well as the origination of our first and largest loan facility of $30 million with Opportunity Finance Network (OFN) in the first quarter of 2026 *committed toward $600M total portfolio

The report also includes updates on a wide range of programmatic commitments, reflecting early work to support the build of savings tools, access to homeownership, coaching for small businesses, CDFI partnerships and reliable transportation.

"Capital One has long served as an engine for consumers' financial growth and well-being, and our Community Benefits Plan takes this work further," said Kerone Vatel, SVP, Head of Community Finance, Impact & Investment in the report. “Behind every data point [in this report] is a customer who is able to spend, a family finding stable housing, an entrepreneur advancing their dream and a community creating opportunities for the next generation. ”

Together, these efforts reflect the breadth of Capital One’s Community Benefits Plan and the range of needs it is intended to help address. The early examples in the report show how capital, partnerships and community-based programs can support practical solutions, helping expand access to housing, strengthen local infrastructure, grow small businesses and create pathways to economic mobility.

This is just the beginning. Capital One will continue working closely with its Community Advisory Council, nonprofit organizations, local leaders and community partners to meet evolving needs, deliver on its commitments and help create measurable, lasting impact for the families and communities it serves.