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Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle. It was the parent company of Washington Mutual Bank , which was the largest savings and loan association in the United States until its collapse in 2008.
West Coast Mutual Savings Bank, Centralia, Washington, 1996; Metropolitan Bancorp, Seattle, November 29, 1996 [3] United Savings and Loan Bank (4 branches, based in Seattle) for $65 million in 2003. Founded on July 6, 1960, it was the first savings and loan owned by Asian Americans. [4] First Mutual Bank, Bellevue, Washington, 2008 [5]
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Washington Savings Bank can refer to a number of banking institutions: Washington Savings Bank , an Effingham , Illinois bank founded in 1884 Washington Mutual Savings Bank (1889-2008), a Seattle -based bank founded as the Washington National Building Loan and Investment Association, and, as of 2009, the largest bank failure in American history
He rebuilt Citigroup’s decimated back-office operations from the ashes of 9/11, repaired Washington Mutual’s stricken subprime book after the 2007 housing meltdown as Jamie Dimon’s fixer at ...
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On September 25, 2008, Washington Mutual failed, and its assets and accounts were sold to JPMorgan Chase by the Federal Deposit Insurance Corporation. On June 1, 2009, the building was renamed Chase Center. [4] On September 9, 2009, the building was purchased by Northwestern Mutual of Milwaukee.