Discover Bank
| Status: | Inactive as of 05/18/2025 |
| Merger - Without Assistance | |
| Successor Bank: | Capital One |
| Headquarters: | Discover Bank 502 E Market St Greenwood, DE 19950 |
| Established: | 08/30/1911 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #5649 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $145,412,640,000 |
| Total Deposits: | $114,276,909,000 |
History
| 1911-08-30 | Institution established: Original name:Greenwood Trust Company | |
| 1985-12-31 | Changed organization type to CREDIT CARD BANK | |
| 1986-07-18 | Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED | |
| 1986-12-04 | Moved bank headquarters from GREENWOOD, DE to NEWCASTLE, DE | |
| 1986-12-31 | Moved bank headquarters from NEWCASTLE, DE to NEW CASTLE, DE | |
| 1987-03-13 | Moved bank headquarters from NEW CASTLE, DE to NEWCASTLE, DE | |
| 1996-06-04 | Moved bank headquarters from NEWCASTLE, DE to GREENWOOD, DE | |
| 2000-08-01 | Changed name to Discover Bank | |
| 2020-09-30 | Acquired Bank of New Castle (27575) in New Castle, DE | |
| 2025-05-18 | Merged into and subsequently operated as part of Capital One, National Association (4297) |