Subsidy Tracker Parent Company Summary
Parent Company Name:
Discover Financial Services
Ownership Structure:
publicly traded (ticker symbol DFS)
Headquartered in:
Illinois
Major Industry:
financial services
Specific Industry:
financial services
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $14,609,565 | 19 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $14,609,565 | 19 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $10,366,158,000 | 80 |
| TOTAL | $10,366,158,000 | 80 |
Time Period for State and Local Awards:
Earliest year of data: 1997. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2008.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
DISCOVER BANK; DISCOVER FINANCIAL SVC; SLC PRIVATE STUDENT LOAN TRUST
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Delaware | $7,401,208 | 4 |
| Ohio | $6,879,191 | 3 |
| Tennessee | $323,086 | 11 |
| Utah | $6,080 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Discover Bank | Delaware | state | 2011 | $7,387,000 | grant/loan hybrid program | |
| Discover Financial Services, Inc. | Ohio | state | 2012 | $4,129,191 | tax credit/rebate | |
| DISCOVER FINANCIAL SERVICES | Ohio | state | 2012 | $2,500,000 | grant | |
| DISCOVER FINANCIAL SERVICES | Ohio | state | 2012 | $250,000 | grant | |
| DISCOVER FINANCIAL SERVICES, INC, | Tennessee | local | 2007 | $64,803 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES, INC, | Tennessee | local | 2008 | $64,803 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES, INC. | Tennessee | local | 2008 | $39,427 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES INC | Tennessee | local | 2009 | $31,563 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES, INC. | Tennessee | local | 2007 | $26,524 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES, INC. | Tennessee | local | 2007 | $26,524 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES, INC. | Tennessee | local | 2007 | $26,524 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES, INC. | Tennessee | local | 2008 | $18,358 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES, INC. | Tennessee | local | 2008 | $8,938 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES. INC. | Tennessee | local | 2009 | $8,893 | property tax abatement | |
| DISCOVER FINANCIAL SERVICES INC | Tennessee | local | 2010 | $6,729 | property tax abatement | |
| Discover Bank | Delaware | state | 2006 | $6,260 | training reimbursement | |
| Discover Financial Services | Utah | state | 2009 | $6,080 | training reimbursement | |
| Discover Bank | Delaware | state | 2006 | $5,548 | training reimbursement | |
| Discover Bank | Delaware | state | 2007 | $2,400 | training reimbursement | |
| Discover Financial Services | United States | federal | 2009 | $1,224,558,000 | federal loan or loan guarantee | |
| DISCOVER BANK | United States | federal | 2009 | $1,000,000,000 | federal loan or loan guarantee | |
| DISCOVER BANK | United States | federal | 2009 | $1,000,000,000 | federal loan or loan guarantee | |
| DISCOVER BANK | United States | federal | 2009 | $600,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $510,000,000 | federal loan or loan guarantee | |
| DISCOVER BANK | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| DISCOVER BANK | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| DISCOVER BANK | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| DISCOVER BANK | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| DISCOVER BANK | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $362,800,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $362,800,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $206,800,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $188,000,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $188,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $165,400,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $94,900,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $94,000,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $94,000,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $84,600,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $83,500,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $79,900,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $75,200,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $68,600,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $65,800,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $63,800,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $61,200,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $48,400,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $44,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $44,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $44,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $42,500,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $42,500,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $42,500,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $42,300,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $39,600,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $37,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $36,600,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $34,000,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $31,000,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $31,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $29,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2010 | $28,500,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $26,400,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $26,400,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $25,500,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $23,500,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $23,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $22,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $22,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $21,300,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $21,300,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $20,700,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $19,800,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $18,600,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $16,300,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $15,400,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $14,100,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $14,100,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $14,100,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $14,100,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $14,100,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $14,100,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $14,100,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $13,200,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $13,200,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $13,000,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $11,200,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $10,600,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2010-B | United States | federal | 2010 | $10,600,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Discover Card Execution Note Trust | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $10,200,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $10,200,000 | federal loan or loan guarantee | |
| SLC Private Student Loan Trust 2009-A | United States | federal | 2009 | $10,200,000 | federal loan or loan guarantee | |
| Discover Financial Services, Inc. | Ohio | state | 1997 | undisclosed | tax credit/rebate |
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