Capital One Financial Corp. plans to open an operations center in Texas.
Capital One Services Inc., the card company's operations subsidiary, will operate the center, which will employ close to 600 by the end of the year, the company said.
The new center will be in the Dallas/Fort Worth metropolitan area, which was selected because of its central location and time zone, which enable it to serve the company's nationwide customer base.
Capital One had 6.1 million credit card customers and $10.4 billion in managed loans at yearend 1995. It is one of the top 10 U.S. credit card issuers.