Capital One Financial Corp. plans to open a call center in Virginia and hire more than 1,000 workers over the next year.
The new employees would support the McLean, Va., company's credit card, banking and financial services operations, according to a press release from the office of Gov. Robert McConnell. The company will receive a $300,000 grant from a state fund to facilitate the project; Capital One also considered other states, the release said.
"The strength and resilience of Capital One's business model served us well during the recession and we are well-positioned as we emerge on the other side," Richard Fairbank, the company's chairman and chief executive, said in the release.