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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.
Aug 17, 2023 · Headquartered in Henderson, Nevada, Washington Mutual (WaMu) was America’s largest savings and loan association before it failed on September 25, 2008. It had assets of $309 billion, nearly...
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Oct 12, 2021 · 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.
Jun 20, 2012 · Washington Mutual, the country’s largest savings and loan bank, fell into the latter camp. Despite its size – the bank had $307 billion in assets – it wasn’t quite big enough to be ...
Mar 11, 2023 · The collapse of Silicon Valley Bank has echoes of the federal Washington Mutual takeover, but the economy is in a much different place now than it was in 2008.
Jun 11, 2012 · WASHINGTON — The housing -fueled rise and rapid fall of Washington Mutual may be the most forgotten story of the financial crisis. Four years later, we still hear about Lehman Brothers, Bear Stearns, and Tarp, but not about the largest bank failure in U.S. history.
