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For a Pure-Play Credit Card Lender, Capital One Is Building a Solid Deposit Franchise

For a Pure-Play Credit Card Lender, Capital One Is Building a Solid Deposit Franchise

One of the most important things when it comes to evaluating a bank stock is its deposit base. While they may not be thought of as traditional banks, credit card companies like Capital One (NYSE: COF) do hold bank charters. While Capital One is not a league leader or anything in the banking industry, I've been impressed at how the bank has been building its deposit base.