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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.

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Is Chase still connected to Home Savings of America?

No, Chase is no longer connected to Home Savings of America. Home Savings of America was acquired by Washington Mutual in 2000, and then Washington Mutual was subsequently acquired by JPMorgan Chase in 2008. As a result, any connections between Chase and Home Savings of America have effectively ended with these acquisitions.


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.


Is www.wamu.com still an active site?

"If you use the above listed link, you will be redirected to Chase's National page, as JP Morgan Chase bought out Washington Mutual. So it is still acive, but is no longer the same site."


Is there an annual fee associated with the WAMU credit card?

Washington Mutual credit cards aren’t available anymore. WaMu was bought out by JPMorgan Chase in the fall of 2008, which means that no new credit cards will be issued under that name. Existing Washington Mutual credit card customers can still use their cards, and they can make their payments at either a WaMu or Chase branch.


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.

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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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