MBNA America Bank, N.A. and Ducks Unlimited, Inc. announced that they have signed a multi-year renewal of their 15-year-old affinity credit card agreement which, to date, has raised $35 million for wetlands conservation projects throughout the United States. Terms of the agreement were not released.
To commemorate the renewal and to acknowledge MBNA’s financial support of its conservation projects, Ducks Unlimited will dedicate two wetlands restoration projects at the Assawoman Wildlife Area in southeast Delaware to the people of MBNA. Stone cairns will be placed on each site to acknowledge MBNA’s leadership in helping conserve more than 70,000 acres of wetlands and other natural areas in all 50 states.
“The growth and success of the Ducks Unlimited affinity card program is a positive reflection of the growth and success of both MBNA and Ducks Unlimited over the last 15 years,” said John R. Cochran, Executive Vice Chairman and Chief Marketing Officer of MBNA. Mr. Cochran added, “The Ducks Unlimited affinity card program has been a model of consistent account growth and innovative marketing initiatives. But more than an exceptional business opportunity, our partnership with Ducks Unlimited has allowed MBNA to play an important role in preserving tens of thousands of acres of prime wetlands for this and future generations. The Ducks Unlimited partnership with MBNA is a terrific example of an effective affinity card program.”
“Never have the words `a great business partnership’ seemed more fitting than when I think of DU’s relationship with MBNA,” says DU’s Executive Vice President, Don Young. “This is a team effort that’s bringing together consumers and leaders in the financial and conservation world, all in support of one common concern – habitat conservation. Year after year, this affinity credit card program contributes significant funds to DU’s habitat conservation work, and we look forward to many more years of partnering with MBNA.”
MBNA Corporation (NYSE: KRB), a bank holding company and parent of MBNA America Bank, N.A., a national bank, has $97.5 billion in managed loans. MBNA, the largest independent credit card lender in the world, also provides retail deposit, consumer loan and insurance products. MBNA.com (http://www.MBNA.com) provides credit card, consumer loan, retail deposit, travel and shopping services.
About Ducks Unlimited
With more than a million supporters, Ducks Unlimited is the world’s largest and most successful wetland and waterfowl conservation organization. The United States alone has lost more than half of its original wetlands — nature’s most productive ecosystems — and continues to lose more than 100,000 wetland acres every year. Look for Ducks Unlimited on the World Wide Web at , and tune in to The World of Ducks Unlimited radio program airing across the nation.Details