September 25 2013
Capital One Joins HOPE Global Financial Dignity Summit as Silver Sponsor
Capitol One Executive Celie Niehaus to drive discussion on unbanked as Working Group Co-Chair
ATLANTA – September 26, 2013 –Operation HOPE, the leading global financial dignity and literacy non-profit, announced today that Capital One, a Fortune 500 company, has joined the HOPE Global Financial Dignity Summit (HOPE Summit) as a Silver Sponsor. The HOPE Summit will be hosted at the Georgia International Conventional Center in Atlanta on November 13 and 14, 2013. Capital One Managing Vice President and Retail Bank Chief Compliance Officer Celie Niehaus will Co-Chair a Working Group for Banking the Unbanked.
The theme of this year’s HOPE Summit is Global Economic Recovery: How the Poor Can Help Save Capitalism and Capital One’s commitment as a sponsor and participant lends another leading financial voice to this critical dialogue. Event organizers anticipate a crowd of over 1,000 attendees from nearly 50 countries worldwide. Capital One joins Bank of America, Bank of the West, and SunTrust, event silver sponsors.
Ms. Niehaus joined Capital One in March 2013 and oversees legal and regulatory compliance of Capital One’s Retail and Direct Bank businesses which are comprised of consumer deposits and lending, small business deposits and lending, Capital One 360 (formally known as ING Direct), and broker-dealer and insurance sales activities for Sharebuilder and Capital One Financial Advisors. Additionally, she is responsible for the enterprise-wide Fair Lending program, which ensures fair and responsible banking practices, and for Home Mortgage Disclosure Act legal and regulatory compliance, including the annual filing of mortgage-related data that is available to the public.
Ms. Niehaus recently accepted the role as Chair of Operation HOPE’s Banking On Our Future Advisory Board and serves as special advisor to the Chairman of the Subcommittee on the Underserved and Community Empowerment of the US President’s Advisory Council on Financial Capability. Ms. Niehaus also serves on the Boards of National History Day, Signature Theatre (Arlington, VA), and Network for Teaching Entrepreneurship (Washington, DC). Previously, she served as Chair and Vice Chair of Operation HOPE’s Mid-Atlantic and Habitat for Humanity of Northern Virginia’s Boards, respectively.
All commitments gathered at the Global Summit will be bundled into an overall public commitment by HOPE and its partners and then presented to the Clinton Global Initiatives. Based on the recommendations culled from the Working Groups at The Global Financial Dignity Summit, an annual Summit Report of findings will be published and issued.
About Operation HOPE
Since 1992, Operation HOPE (HOPE) has promoted financial dignity through financial literacy and educational tools in underserved communities. Through its four core portfolios, the organization has provided youth and adult financial literacy, encouraged economic preparedness and digital empowerment, promoted home ownership, and assisted with foreclosure prevention to more than two million individuals, families, and small-business owners.
About Capital One
Capital One Financial Corporation is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N. A., had $209.9 billion in deposits and $296.5 billion in total assets as of June 30, 2013. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has more than 900 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.
To learn more about the Summit and HOPE, please visit: summit.operationhope.org. Also, join the conversation about the Summit on Twitter @operationhope #HOPESummit.