User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


68° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Capital One Financial Corp Adds 400 Jobs

November 15, 2011, 5:00 PM by Don Jorgensen

Capital One Financial Corp Adds 400 Jobs
SIOUX FALLS, SD - Capital One Financial Corp is going to add 400 new jobs in Sioux Falls next year.

Back in August, Capital One announced it was acquiring HSBC's domestic credit card business and Tuesday, it says it's going to be doubling its work force.  That's good news for the Sioux Falls economy and for those who have been struggling to find a job.

400 people currently work at HSBC. But once Capital One's $2.6 billion acquisition is complete, the company plans to add another 400 positions in Sioux Falls.

"It's wonderful to hear that there's opportunities becoming available," Martha McAfee said. 

McAfee, who moved to Sioux Falls from Arizona, was in the health insurance industry and has been looking for work for more than a month. She says it's been difficult, but she is encouraged by Tuesday's announcement.

"Especially after a certain age, you know I can't go out there and dig a ditch, so I have to use my mind because that still sort of works," McAfee said.

Capital One will begin recruiting soon to fill supervisor, manager and support staff positions, plus others.

The President of the Sioux Falls Development Foundation, Slater Barr, says according to a national survey, right now Sioux Falls has the 10th strongest economy in the country and that has other companies looking to expand or move here.

"For the past several months, there's been a definite upturn, not only in the amount of inquiries, but the seriousness of these inquiries in the community.  We are hopeful that this is just the start," Barr said.

And if that's the case, people like McAfee might not have to stay unemployed for long.

"Well, I'm really interested.  Give me a call," McAfee said.

The South Dakota Governor's office of Economic Development offered Capital One a $200,000 grant to help with the cost of training new workers.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

You may also like

Sutton Bay CEO Dies In UTV Rollover Crash

8/25/2014 2:34 PM

The CEO of Sutton Bay Resort in central South Dakota died after rolling his 2014 Polaris Ranger late Sunday night.

Full Story
Authorities Search For Missing Inmate

8/24/2014 10:43 AM

31-year-old Bridget Franzen failed to report to a work release job on Saturday, August 23.

Full Story
Car vs. School Bus Crash Near Inwood, Iowa

8/26/2014 11:31 AM

Authorities in northwest Iowa are investigating a serious crash involving a car and a school bus.

Full Story
SF Mother, Daughter Admit To Large Drug Conspiracy

8/27/2014 10:54 AM

Faith Rasmussen, 21, and her 55-year-old mother Theresa Rasmussen admit they were bringing marijuana from California to South Dakota and distributing ...

Full Story
Spencer, SD Man Dies In Rollover Crash

8/24/2014 4:41 PM

A Spencer, SD man is dead after a vehicle crash near Canova on Sunday.

Full Story


Events