Comenity Capital Bank

Comenity Capital Bank is a specialized financial institution headquartered in Draper, Utah, operating as a wholly-owned subsidiary of Bread Financial (formerly Alliance Data). With approximately $12.7 billion in total assets, the bank focuses primarily on private-label and co-branded credit card programs for major retail partners across the United States.

The bank operates as an industrial bank, also known as an industrial loan corporation, chartered under Utah state law. Comenity Capital Bank specializes in consumer credit products, providing financing solutions that enable everyday purchases and major life expenses for millions of American consumers.

Unlike traditional retail banks, Comenity operates a single office location and conducts most of its business through digital channels and partnerships with retail merchants.