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Who owns Washington mutual?

Updated: 9/14/2023
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14y ago

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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.

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Does Wells Fargo own chase?

No, Wells Fargo owns Wachovia and Chase owns Washington Mutual. Hard to keep track of all the buyouts.


Is Washington Mutual the same company as Washington Mutual?

"Washinton Mutual is not the same company as Washington Mutual. Washington Mutual is a banking company and Washinton Mutual is retail selling brand, dire stuff to know."


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.


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.


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.

Related questions

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.


Does Wells Fargo own chase?

No, Wells Fargo owns Wachovia and Chase owns Washington Mutual. Hard to keep track of all the buyouts.


Is Washington Mutual the same company as Washington Mutual?

"Washinton Mutual is not the same company as Washington Mutual. Washington Mutual is a banking company and Washinton Mutual is retail selling brand, dire stuff to know."


When was Washington Mutual created?

Washington Mutual was created in 1889.


When did Washington Mutual end?

Washington Mutual ended in 2009.


What is the population of Washington Mutual?

The population of Washington Mutual is 49,403.


Where is Washington mutual's headquarters located?

Washington Mutual's headquarters is located in Seattle, Washington. It's in downtown Seattle as is their previous headquarters, Washington Mutual Tower.


What does Washington mutual do?

Washington Mutual was a savings bank holding company in the United States. Unfortunately, in September 2008 Washington Mutual was placed into receivership.


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 is the meaning of 'trust' when referring to mutual funds?

Trust is entity that owns the mutual funds.


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.


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.