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Chase Bank and Washington Mutual were both major players in the banking industry, with Chase being one of the largest banks in the United States and Washington Mutual being a prominent savings and loan association. In 2008, Chase acquired Washington Mutual after it was seized by the federal government during the financial crisis. This acquisition significantly expanded Chase's presence in the retail banking sector and solidified its position as a leading financial institution.

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1y ago

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Related Questions

What bank did Chase buy in 2008?

Washington Mutual


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.


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.


021272723 who's routing number is this?

Washington Mutual Bank A.k.A. Chase Bank


What is the routing number for Chase Bank in CA?

322271627. It is the same as when it was Washington Mutual.


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.


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.


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.


When was Wamu Bank purchased by Chase?

WaMu (Washington Mutual) Bank collapsed in 2008 and was soon taken over by Chase Bank. JPMorgan Chase now controls the company that was WaMu.


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.


What current bank took over Dime Savings Bank?

Washington Mutual Bank, which has been absorbed into JPMorgan Chase.

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