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Capital One Bank Names Colleen Taylor New Head of Treasury Management and Merchant Services
Veteran Financial Services Practitioner Will Support Commercial Bank
MCLEAN, Va., Apr 29, 2009 (BUSINESS WIRE) -- Capital One Bank, N.A., announced today the appointment of Colleen J. Taylor as new Head of Treasury Management and Merchant Services. With almost 20 years of experience in the financial services industry, Taylor will support the Commercial Banking group and work closely with Michael Slocum, Executive Vice President of Commercial Banking at Capital One Bank.

Taylor will be responsible for developing and managing a geographically diverse group of teams engaged in supporting business development, implementation and servicing efforts within the bank's real estate, middle market, small business and private banking groups. She will also lead the Merchant Services business leveraging Capital One's footprint and brand to increase market share, revenue and profitability.

"Colleen is a proven business leader with depth across commercial banking, treasury and cash management products and services, and merchant services," said Slocum. "In previous positions she has demonstrated true leadership skills and an ability to deliver results. We are very pleased to have her join Capital One Bank." Taylor will be based in New York City.

Most recently, Taylor held the position of Senior Vice President, Global Payments & Liquidity Services at Wachovia Bank, where she led Wachovia's Liquidity Management strategic efforts including product management for active and passive investment products and balances. Taylor also spent fifteen years in various roles at J.P. Morgan Chase and its predecessor company, Chase Manhattan, including several years as Senior Vice President, Revenue and Balance Management Business Executive.

Taylor graduated magna cum laude from Spelman College in Atlanta and went on to receive her MBA from the University of Pennsylvania's Wharton School.

About Capital One

Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, Capital N.A. and Capital One Bank (USA), N.A., collectively had $121 billion in deposits and $150 billion in managed loans outstanding as of March 31, 2009. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One, N.A. and Chevy Chase Bank, F.S.B. have approximately 1,000 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.

Capital One Bank is a registered trade name of Capital One, N.A.

SOURCE: Capital One Financial Corporation

Capital One Bank
Diana Don, 703-720-2371
diana.don@capitalone.com