Capital One Is Opening Coffee Shop and Bank Hybrids in Austin

Capital One is bringing its combination bank and cafe to Austin with two locations, the first in downtown Austin off Congress Avenue, and the second in the Domain Northside. The idea is that each cafe is "very community inspired and community driven,” according to Jaci Stoltz, one of the vice presidents of Capital One, opening sometime in the winter of 2017 or 2018.

the bank is looking to partner with local bakeries and chefs for its food offerings. It’s searching for “really fun, really locally-inspired treats,” Stoltz told Eater. For Los Angeles, this meant Cake Monkey Bakery and in Denver, it was Sugar Bakeshop & Coffee House. No chefs or bakeries are attached to the Austin locations just yet, because everything is still being developed.

Coffee will come from Peet's Coffee. The company merged with Stumptown Coffee Roasters and Intelligentsia Coffee in 2015.

Both Capital One Cafe locations will serve as co-working spaces, with a lounge, seats, wifi, and even meeting rooms for nonprofits and community groups, all open to the public. There are also staffers on hand to answer financial questions (who can even place coffee orders through Apple Watches). As it is a bank, it will host financial workshops, counseling sessions, and more.

Other cities pegged to get Capital One cafe include the Seattle area, more in Los Angeles, Miami Beach, and others. There are currently cafes in New York, Boston, and other cities.

• Capital One Cafes [Official]