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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.
You need your bank's routing number to receive and send funds, such as when setting up direct deposit or payments. Here's how to find your routing number. ... Washington. 125000024. 325070760 ...
The receivership of Washington Mutual Bank by federal regulators on September 26, 2008, was the largest bank failure in U.S. history. Regulators simultaneously brokered the sale of most of the banks's assets to JPMorgan Chase, which planned to write down the value of Washington Mutual's loans at least $31 billion. [7] [8]
In June 2001, Washington Mutual announced the pending acquisition of Dime Bancorp for $5.2 billion in cash and stock. [ 17 ] [ 18 ] The acquisition was completed in January 2002. [ 19 ] At the time of its acquisition, Dime had 123 branch offices in the New York City area in the states of New York and New Jersey. [ 20 ]
Today, banks use routing numbers to process several types of transactions, including automated clearing house transfers and wire transfers. Routing numbers are public information that anyone can find.
The following routing numbers correspond to electronic payments such as direct deposits and ACH payments. ... Washington. 125107671. West Virginia. 051503174. Wisconsin. 275071288.
The bank was acquired by Washington Mutual in 1997 for $6.8 billion. Great Western Bank was held by Great Western Financial Corporation ("GWFC"), a corporation organized under the laws of the state of Delaware that was traded on the New York Stock Exchange under the stock symbol "GWF".
In the United States, an ABA routing transit number (ABA RTN) is a nine-digit code printed on the bottom of checks to identify the financial institution on which it was drawn. The American Bankers Association (ABA) developed the system in 1910 [ 1 ] to facilitate the sorting, bundling, and delivering of paper checks to the drawer's (check ...