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Overview
Discover Financial Services is a financial services company that was founded in 1985. It is headquartered in Riverwoods, Illinois and offers a variety of financial products and services. These include credit cards, personal loans, home loans, checking and savings accounts, and investment products. The company was originally a division of Sears, Roebuck & Co. under the name "Dean Witter, Discover & Co." In 1997, Dean Witter spun off Discover as a stand-alone company. It went public on the New York Stock Exchange the same year. Today, Discover is one of the largest credit card issuers in the United States, with over 50 million cardholders. It also has a strong presence in the online banking and student loan markets. The company is known for its customer-centric approach and has received numerous awards for its customer service. It also offers various rewards and cashback programs for its credit card customers. Discover is committed to social responsibility and has several initiatives to support financial education and inclusivity. It also has a strong focus on environmental sustainability and has set targets to reduce its carbon footprint. Overall, Discover Financial Services is a well-established and reputable company that offers a wide range of financial products and services to its customers.
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