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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.

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14y ago

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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.


Chase bank and Washington Mutual?

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.


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.


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.


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.


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.


Where was President Washington's home?

The Congress met in New York City during Washington's Presidency and he obtained housing there, but his home was always his Virginia plantation, Mt. Vernon.


Where did Washington and his troops winter and train during the 1777-78 winter months?

Valley Forge, PA is where Washington spent a rough winter with his troops. They were quite short of supplies and good housing.


How do corporations distribute profit to there owners?

The corporations distribute profit according to the share porportions of the partners or as per mutual settlement during inception of business.


What bank Washington mutual took over?

Washington Mutual (WaMu) took over the assets of the failing bank, Dime Savings Bank, in 1995. This acquisition was part of WaMu's strategy to expand its presence in the banking sector. Additionally, during the 2008 financial crisis, WaMu itself was seized by regulators and its assets were sold to JPMorgan Chase.


What does the painting show about Lafayette s relationship with Washington?

The painting illustrates Lafayette's close relationship with Washington, showcasing their bond and camaraderie during the American Revolutionary War. Lafayette is depicted as a trusted ally and confidant of Washington, highlighting their mutual respect and collaboration in fighting for American independence.