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MBNA was founded in 1982 as Maryland Bank, N.A. [3][4][5] Led by Charles Cawley, MBNA opened its first office in a converted A&P (Great Atlantic & Pacific Tea Company) food supermarket in Ogletown, Delaware. [6] An early driver of MBNA's growth was the creation of "affinity cards" in 1983. Cawley convinced the alumni association at his alma ...
On June 30, 2005, Bank of America announced it would purchase credit card giant MBNA for $35 billion in cash and stock. The Federal Reserve Board gave final approval to the merger on December 15, 2005, and the merger closed on January 1, 2006. The acquisition of MBNA provided Bank of America a leading domestic and foreign credit card issuer.
2006–07 NHL season. The Roger Crozier Saving Grace Award, [1] officially billed as the MBNA/MasterCard Roger Crozier Saving Grace Award, [2] was an award in ice hockey given annually to the goaltender who finished the regular season with the best save percentage in the National Hockey League (NHL). [3] Only goaltenders who played 25 games or ...
PNC Bank Corporate Footprint. The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is on the list of largest banks in the ...
Capital One Financial Corporation is an American bank holding company founded on July 21, 1994 and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia with operations primarily in the United States. [2] It is the 12th largest bank in the United States by total assets as of December 31, 2022 ...
Mastercard Inc. (stylized as MasterCard from 1979 to 2016, mastercard from 2016 to 2019) is an American multinational payment card services corporation headquartered in Purchase, New York. [3] It offers a range of payment transaction processing and other related-payment services (such as travel-related payments and bookings).
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Charles Michael Cawley (August 15, 1940 – November 18, 2015) was a businessman and founding member of the bank MBNA. [1] [2] Born in Massachusetts, he was raised in New Jersey, was educated at Saint Benedict's Preparatory School and was a graduate of Georgetown University. He created MBNA in 1982, and it was acquired by Bank of America in 2006.