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Is Washington Mutual still in business or did it fail during the housing crash?
Wiki User
∙ 12y ago
Washington Mutual is still in business although a lot of people are not happy with them or the way they do business. They have filed for bankruptcy but are still doing business.
Wiki User
∙ 12y ago
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Pre-operating costs are any expenses incurred during the formation of a new business. All types of business entities may incur pre-operating costs.
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Business plan is a literature containing information regarding the particular business and series of activities planned to conduct in doing that business at later stage. Business model is a graphical diagram showing the logical connections among several elements within the business. Business model contains a lot less information comparing to business plan but it is more easily to understand and better used as guideline during business execution.
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.
What was the bank name before Washington mutual?
Washington Mutual was incorporated as Washington National Building Loan and Investment Association on September 25, 1889 in Seattle, USA. It changed its name to Washington Savings and Loan Association on June 25, 1908. By September 12, 1917 it was operating under the name Washington Mutual Savings Bank. Recently during the economic crisis they were acquired by JP Morgan Chase group. Until then they were called Washington Mutual only.
What happened to Washington mutual?
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.
Can you go to Washington mutual bank and use your chase bank account to deposit money?
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.
Was electricity prevalent in New York for business and housing during the 1890's?
Yes it was prevalent for business and housing if you were rich. Street lamps were not electric until several years later. Slums had little to no electricity.
Does Washington Mutual savings bank still exist?
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.
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In 1990 mutual funds held more than $1 trillion in assets
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The mutual fund industry controlled about $300 billion in assets by the early 1980s
