MCLEAN, Va.--(BUSINESS WIRE)--Sept. 25, 2007--Today, Capital One
Financial Corporation (NYSE:COF) has been named one of the "100 Best
Companies for Working Mothers" by Working Mother Magazine.
Capital One's company culture was highlighted for incorporating
programs that encourage advancement of women, enhance the work/life
balance of its associates, and its focus on systematically integrating
associate feedback into its programs and policies.
Capital One also earned accolades for its expansive time-off
programs - including generous parental leave options - and workplace
flexibility, ranging from telecommuting to flextime.
"At Capital One, we know our engaged associates are key
contributors to our success as a company. We are committed to creating
a supportive environment for working mothers and all associates. Our
unique culture and offerings facilitate strong associate satisfaction
and strong business results," said Judy Pahren, Senior Vice President
of Diversity and Development.
Some of the programs that make Capital One among the "100 Best"
-- Flexible Work Arrangements - All exempt associates are
eligible to take advantage of flexible work arrangements
including flextime, telecommuting, compressed work week, and
-- Parental Leave Program - Capital One offers eight weeks paid
leave for new mothers and job protection for up to 16 weeks
total. Included in this program is a phased return-to-work
schedule that allows new mothers to work part-time for the
first four weeks after returning from parental leave prior to
resuming a full-time schedule. New fathers and "secondary
parents" can take up to two weeks paid leave during the first
year of the child's life - and an additional 10 unpaid weeks
-- Adoption/Foster Care Leave - Capital One provides new adoptive
and foster parents six weeks of paid leave and up to six
additional weeks unpaid time off.
-- Employee Assistance Program - Capital One provides resources
and reference materials to assist with every day life issues
from financial matters to finding childcare.
About Capital One
Headquartered in McLean, Virginia, Capital One Financial
Corporation (www.capitalone.com) is a financial holding company with
725 locations in New York, New Jersey, Connecticut, Texas and
Louisiana. Its principal subsidiaries, Capital One Bank, Capital One
Auto Finance, Inc., and Capital One, N.A., offer a broad spectrum of
financial products and services to consumers, small businesses and
commercial clients. Capital One's subsidiaries collectively had $85.7
billion in deposits and $144.2 billion in managed outstanding loans as
of June 30, 2007. Capital One, a Fortune 500 company, trades on the
New York Stock Exchange under the symbol "COF" and is included in the
S&P 100 index.
About Working Mother
Founded in 1979, Working Mother magazine reaches nearly 3 million
readers and is the only national magazine for career-committed
mothers. Its 21-year signature initiative, Working Mother 100 Best
Companies, is the most important benchmark for work/life practices in
corporate America. The publication also releases the annual list of
the Best Companies for Women of Color in the June issue. Working
Mother is published by Working Mother Media (WMM), which also owns the
National Association for Female Executives (NAFE), NAFE Magazine, the
annual 100 Best Companies WorkLife Congress, as well as the Best
Companies for Women of Color Multicultural Conference and regional
Town Halls. This year, WMM launched its Best Small Companies for
Working Mothers initiative.
CONTACT: Capital One Financial Corporation
Lahne Mattas-Curry, 703-720-2358
SOURCE: Capital One Financial Corporation