A sign crew installs new signage at the former ING Direct Cafe in downtown St. Cloud, Friday, January 25, 2013. Capital One bought ING Direct for $9-billion, making it America's fifth-largest bank.
A couple of area nonprofits are getting major facelifts today, thanks to the collaboration of volunteers from ING Direct. It's their 5th annual "Orange Days of Giving" event. Folks who normally spend the 9 to 5 workday in banking are swinging hammers, landscaping, painting walls and more at the St. Cloud Salvation Army and the YMCA.
Capital One Financial says it's buying ING's online banking unit in the U.S. for roughly $9 billion in cash and stock. The deal calls for ING to receive $6.2 billion in cash.