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It was acquired in 1985 and renamed Discover Bank on August 1, 2000. [12] Discover Bank is mainly an online financial institution that offers many financial services such as checking accounts, savings accounts, and money market accounts. However the first and original location of the Greenwood Trust Company on 502 East Market Street is still ...
For Discover customers, it means gaining access to physical bank locations. Currently, Discover has one brick-and-mortar location while Capital One has 259 branches and 55 Capital One Cafes.
NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 ...
In February 2006, Discover Financial Services announced that it would begin offering Discover debit cards to other financial institutions, made possible by the acquisition of Pulse. [ 2 ] Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa ...
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Discover Bank v. Superior Court (30 Cal.Rptr.3d 76) is a 2005 case where the California Supreme Court ruled that an arbitration clause was unenforceable because a class-action waiver contained within it would exculpate Discover Bank from liability for wrongdoing involving small sums of damages.
NEW CASTLE, Del.--(BUSINESS WIRE)-- Discover announced today that senior banking executive James J. Roszkowski has been named president of Discover Bank, bringing more than 30 years of experience ...
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