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Washington Mutual, Inc.(often abbreviated to WaMu) was an American savings bank holding companybased in Seattle. It was the parent company of WaMu Bank, which was the largest savings and loan associationin the United Statesuntil its collapse in 2008.
Aug 17, 2023 · Headquartered in Henderson, Nevada, Washington Mutual (WaMu) was America’s largest savings and loan association before it failed on September 25, 2008. It had assets of $309 billion, nearly...
Oct 12, 2021 · Washington Mutual (WaMu) was a Savings and Loan that became the largest bank failure in U.S. history in 2008. Here are the reasons why.
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Jun 21, 2024 · The FDIC has assembled useful information regarding your relationship with this institution. Besides a checking account, you may have Certificates of Deposit, a car loan, a business checking account, a commercial loan, a Social Security direct deposit, and other relationships with the institution.
- www.fdic.gov
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- › Failed Bank List
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Jun 21, 2024 · WAMU, which was the largest failure of an insured depository institution in the history of the FDIC, had $307 billion assets, $188 billion deposits, and over 2,300 branches in fifteen states when it failed. The resolution of WAMU through the P&A Agreement was completed at no cost to the Deposit Insurance Fund.
Jun 20, 2012 · Washington Mutual, the country’s largest savings and loan bank, fell into the latter camp. Despite its size – the bank had $307 billion in assets – it wasn’t quite big enough to be ...
Sep 26, 2008 · In the biggest bank failure in U.S. history, Washington Mutual Bank was seized late Thursday by federal regulators and immediately sold to JPMorgan Chase & Co. for $1.9 billion.
Jun 20, 2012 · Washington Mutual, the country’s largest savings and loan bank, fell into the latter camp. The author of "The Lost Bank" has the story of the biggest bank failure in American history.
Sep 26, 2008 · On the afternoon of September 25, 2008, Washington Mutual, the nation’s largest savings and loan bank, is seized by the federal Office of Thrift Management. It is the largest bank failure in United States history.
- www.fdic.gov
- › …
- › Failed Bank List
- › Failed Bank Information
Jun 21, 2024 · Subsequent to the closure, JPMorgan Chase acquired the assets and most of the liabilities, including covered bonds and other secured debt, of Washington Mutual Bank from the FDIC as Receiver for Washington Mutual Bank.
