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Capital One to close Mattituck operation
Capital One Financial Corp. is closing a Mattituck facility, as part of a previously announced plan to consolidate some operations to Melville and Richmond, Va.
The facility houses a Lockbox and Deposit Escrow operation. The location will close on June 1, and the 42 employees there will be offered jobs in Melville, according to the company and a state regulatory filing dated Wednesday. Employees who agree to accept a job in Melville will be eligible for a transition bonus, the company said.
In 2011, Capital One said it would eliminate all 135 back-office jobs at the Mattituck center. At the time it decided to maintain the Lockbox and Deposit Escrow functions at that Main Street location until the move to Melville was finalized.
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North Fork Bank, which later became North Fork Bancorp, was founded as the Mattituck Bank. McLean, Va.-based Capital One bought North Fork Bancorp in 2006.
Capital One has 1,900 employees on Long Island.