"Make A Statement, Plant A Tree" Campaign Launched in 2007 in Partnership with The National Arbor Day Foundation Reaches Goal to Convert One Million Accounts to Paperless Statements and Plant a Million TreesSEATTLE, Apr 25, 2008 (BUSINESS WIRE) -- Washington Mutual, Inc. (NYSE:WM), one of the nation's leading
banks for consumers and small businesses announced today that in
partnership with The National Arbor Day Foundation, it has reached its
goal to raise $1 million for the foundation. The donation is a result
of the bank's year-long "Make A Statement, Plant A Tree" campaign,
which pledged $1 to the Arbor Day Foundation for statements that were
switched from paper to online, e-statements. The Foundation will use
that money to plant one million trees in America's national forests.
At a ceremony celebrating the milestone, the company also
announced that in honor of the company's stores and employees
nationwide, it had donated 2,200 Douglas Fir trees to several
environmentally-focused non-profit organizations in the Seattle area
including the Cascade Land Conservancy.
"The Make A Statement, Plant A Tree campaign reinforces WaMu's
commitment to earth-friendly initiatives and makes good financial
sense for us," said Steve Rotella, WaMu's president and chief
operating officer. "This campaign was a great opportunity for our
customers to join us in reducing paper waste and replenishing our
planet's natural resources."
"The generosity and commitment of Washington Mutual to replanting
our nation's forests will make a significant impact on these treasured
ecosystems," said John Rosenow, chief executive of the Arbor Day
Foundation. "One million trees will be planted where they are needed
most, to bring life back to forests that provide clean air and water,
habitat for wildlife, and sanctuaries for recreation. It is a
remarkable environmental investment that will be enjoyed for
generations to come."
Over the last 12 months, WaMu has made significant progress
introducing environmentally friendly practices and products in
partnership with its customers and employees. The bank's headquarters
building in Seattle recently was recognized by the Environmental
Protection Agency as an Energy Star with a near-perfect score of 99.
The company has also undertaken two consecutive carbon footprint
analyses and is in the process of establishing carbon reduction goals.
Additionally, WaMu Real Reward credit card customers have the option
to redeem earned points for green energy credits and certificates
through several partners including Renewable Energy Choice and
WaMu, through its subsidiaries, is one of the nation's leading
consumer and small business banks. At Mar. 31, 2008, WaMu and its
subsidiaries had assets of $319.67 billion. The company has a history
dating back to 1889 and its subsidiary banks currently operate
approximately 2,500 consumer and small business banking stores
throughout the nation. WaMu's press releases are available at
About The National Arbor Day Foundation
Founded in 1972, the Arbor Day Foundation is a non-profit
conservation organization with nearly a million members nationwide,
with a mission of inspiring people to plant, nurture, and celebrate
trees. More information about the Foundation and its programs can be
found at www.arborday.org.
Brad Russell, 206-500-2860