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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.
Washington Mutual Bank offers personalized and consumer-centric international banking services, such as payments, transfers, investments, and more. Experience next-level banking solutions across borders with fast, safe, and low-cost options.
Oct 12, 2021 · Learn how Washington Mutual, 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 bank was sold to JPMorgan Chase.
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.
Jun 20, 2012 · Washington Mutual, the country’s largest savings and loan bank, fell into the latter camp. The author of "The Lost Bank" has the story of the biggest bank failure in American history.
Jun 21, 2024 · Washington Mutual Bank was sold to JPMorgan Chase in 2008 after being closed by OTS and FDIC. Find out how to access your accounts, claim your deposits, and contact your new bank.
Jun 21, 2024 · The FDIC was appointed the Receiver of WAMU in 2008 and transferred its assets and liabilities to JPMC. The Receiver settled several lawsuits with JPMC, DBNTC, and FDIC-C, and distributed over $2 billion to claimants.
