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COF has two meanings in the Credit Card Business:

1) Its the U.S. stock exchange listing for Capital One Financial Inc. or (capital One Credit cards or Capital One bank and it's subsidiaries.)

2) Its the acronym of Chief Operations of Finance- a Financial or Financing Operations Executive who over sees the institutions finances or management of capital finances are met to provide sufficient loaning and business institution operations capital of self-sufficiency are well met and investment returns are favorable for the continuation of the entity and/or the management of provision made towards lending are offered with more favorable returns.

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Q: What is meant by CoF in credit card Business?
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What happened to Summit Acceptance Corporation?

COF is a non-bank financial services holding company whose principal subsidiaries are Capital One Bank and Capital One Bank FSB. The auto finance business is conducted under Capital One Auto Finance, a non-bank subsidiary of COF. COF's entry into the auto finance business began with the company's purchase, in 1998, of Summit Acceptance Corp., a subprime lender. In 2001, COF acquired PeopleFirst.com, an Internet-based auto lender focused on prime customers. In January 2005, COF finalized its acquisition of Onyx Acceptance Corp., a California-based midprime lender. COF stands for Capital One Financial Corporation


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Capital One Financial Corporation (COF)had its IPO in 1994.


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As of July 2014, the market cap for Capital One Financial Corporation (COF) is $47,098,196,202.40.


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