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1. en.wikipedia.org › wiki › Washington_MutualWashington Mutual - Wikipedia

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   Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle. It was the parent company of WaMu Bank, which was the largest savings and loan association in the United States until its collapse in 2008.

2. www.thestreet.com › personal-finance › what-happenedWhat happened to Washington Mutual? Who bought it?

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   Aug 17, 2023 · Washington Mutual (WaMu) was the largest savings and loan association in the U.S. before it collapsed in 2008 due to subprime lending and mortgage-backed securities. JPMorgan Chase bought WaMu in a secret auction by the Federal Reserve to avoid a wider financial crisis.

3. www.wamuonline.com › secure › indexWashington Mutual Bank - Your Trusted Financial Partner

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   Washington Mutual Bank offers personalized and consumer-centric international banking services, such as payments, transfers, and investments. Experience next-level banking solutions across borders with fast, safe, and low-cost options.

4. www.thebalancemoney.com › washington-mutual-howWashington Mutual (WaMu): How It Went Bankrupt - The Balance

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   Oct 12, 2021 · Learn how Washington Mutual (WaMu), a conservative savings and loan bank, failed in 2008 due to subprime mortgages, housing market collapse, and deposit run. Find out who took over WaMu, who suffered the losses, and how the bankruptcy affected the financial crisis.

   • Author: Kimberly Amadeo

5. www.cnbc.com › id › 47874555The Inside Story of WaMu - The Biggest Bank Failure in ...

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   Jun 20, 2012 · Kirsten Grind, author of "The Lost Bank", reveals the inside story of Washington Mutual, the biggest bank failure in American history. She explains how WaMu's lack of political clout and its CEO's reluctance to sell to JPMorgan Chase contributed to its downfall.

6. www.fdic.gov › resources › resolutionsFDIC: Bank Information Information - Washington Mutual Bank ...

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   Jun 21, 2024 · Find out what happened to Washington Mutual Bank, which was sold to JPMorgan Chase in 2008 after a receivership by the FDIC. Learn about the status of your accounts, loans, deposits, claims and more.

7. People also ask

   Is Washington Mutual a good bank?

   • Washington Mutual was a conservative savings and loan bank . In 2008, it became the largest failed bank in U.S. history. By the end of 2007, WaMu had more than 43,000 employees, 2,200 branch offices in 15 states, and $188.3 billion in deposits. Its biggest customers were individuals and small businesses.

   Washington Mutual (WaMu): How It Went Bankrupt - The Balance

   www.thebalancemoney.com/washington-mutual-how-wamu-went-bankrupt-3305620

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   Is Washington Mutual Bank publicly owned?

   • There was no publicly-owned stock in Washington Mutual Bank. If you are an equity shareholder, your shares are in Washington Mutual, Inc., the holding company for Washington Mutual Bank, and not the Bank.

   FDIC: Bank Information Information - Washington Mutual Bank, Hender…

   www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/wamu.html

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   What happened to Washington Mutual Bank?

   • On September 25, 2008, the banking operations of Washington Mutual, Inc - Washington Mutual Bank, Henderson, NV and Washington Mutual Bank, FSB, Park City, UT (Washington Mutual Bank) were sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC).

   FDIC: Bank Information Information - Washington Mutual Bank, Hender…

   www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/wamu.html

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   Is Washington Mutual a commercial bank?

   • Washington Mutual has traditionally emphasized the thrift business, which means home mortgage and consumer loans. Western, being a commercial bank, focuses on lending to small- and medium-sized businesses. Commercial banking is a business Washington Mutual has been increasingly interested in.

   Washington Mutual - Wikipedia

   en.wikipedia.org/wiki/Washington_Mutual

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   How much money does Washington Mutual have?

   • Washington Mutual already has $8.4 billion in assets and 118 branches and 17 loan centers in Washington and Oregon. Pacific First has assets of $6.9 billion, 127 branches in Washington, Oregon and California and eight mortgage offices. It previously agreed to trade its 10 California branches for Great Western Bank's 14 Washington branches.

   Washington Mutual - Wikipedia

   en.wikipedia.org/wiki/Washington_Mutual

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   How can Washington Mutual Bank help your business?

   • Simplify Business Payments with Washington Mutual Bank: Enhance your payment processes with our seamless solutions tailored for businesses. From supplier transactions to employee payroll and customer payments, Washington Mutual Bank offers an intuitive platform for effortless and efficient business payments.

   Washington Mutual Bank - Your Trusted Financial Partner

   www.wamuonline.com/secure/index

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8. www.americanbanker.com › news › the-failure-of-wamuThe Failure of WaMu: Uncovering the Inside Story Behind the ...

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   Jun 11, 2012 · A book by Kevin Wack reveals the behind-the-scenes drama and mismanagement that led to the largest bank failure in U.S. history. Read excerpts, reviews and analysis of the book and the lessons for the banking system.