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Washington Mutual was a savings bank holding company and the former owner of Washington Mutual Bank, which was the largest savings and loan association in USA. On September 25, 2008, the Office of Thrift Supervision (OTS) seized Washington Mutual Bank from Washington Mutual and placed it into the receivership of FDIC. This action was taken because withdrawal requests worth $16.4 billion were placed during a 10 day bank run (nearly 9% of their total deposits) This resulted in the bank being closed and sold to JP Morgan Chase which reopened the branches next day as JP Morgan Chase branches.

So yes, you can do that because JP Morgan Chase owns Washington Mutual.

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Q: Can you go to Washington mutual bank and use your chase bank account to deposit money?
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Related questions

How can one bank with Washington Mutual Online?

Chase Bank is now a part of Washington Mutual. You can go to the website for Chase and register online for a new account. Just click on the link to open a checking and/or savings account.


How many Washington Mutual locations are there?

There are no Washington Mutual locations. The bank collapsed in 2008 and was bought out by JP Morgan Chase. Washington Mutual locations are now Chase banks.


How can one contact Washington Mutual Bank about home loans?

To contact Washington Mutual Bank about home loans, contact a Chase branch, the US consumer and commercial banking business of JPMorgan & Chase. JPMorgan & Chase acquired Washington Mutual's assets which were re-branded as Chase branches in 2009.


Is Washington Mutual affiliated to Bank of America?

No. Washington Mutual is now owned by the JP Morgan Chase group. They acquired Washington Mutual in 2008-2009 during the banking crisis in United States. By end of 2009, all branches of Washington Mutual were rebranded as Chase branches.


Is Washington mutual multinational?

Yes, Washington Mutual is multinational. Washington Mutual now is named JP Morgan Chase and it is an American financial and banking institution.


What bank did Chase buy in 2008?

Washington Mutual


What services does Washingtong Mutual Bank offer for online customers?

Washington Mutual Bank was bailed out by JPMorgan Chase Bank Inc. Online customers now log into their account via the Chase Link. Customers can still check balances, pay bills, activate account alerts, and more.


When will Washington Mutual convert to Chase in California?

On Oct. 26th


Does wamucom sell high quality products?

No it does not. Wamu used to be the website for Washington Mutual bank. Chase now owns Washington Mutual. If you go to Wamu, you will be redirected to the new Chase website.


Can you deposit a TDbank check in a chase bank account?

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What is the EIN for Washington Mutual Bank?

Washington Mutual Bank no longer exists, and therefore no longer has an EIN. It is now part of JP Morgan Chase.


Who owns Washington mutual?

Also known as WaMu, Washington Mutual became the largest bank failure in US history on September 25, 2008 when its holding were sold to JPMorgan Chase. Although the operations are now run by Chase, collections and other listings can still be listed as Washington Mutual.