Search results
Results from the WOW.Com Content Network
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.
The newly formed company made its first home mortgage loan on the West Coast on February 10, 1890. 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. [3]
Washington Mutual: Seattle: Washington: 2008 $307 billion $448 billion [4] First Republic Bank: San Francisco: California: 2023 $229 billion $229 billion [5] [6] Silicon Valley Bank: Santa Clara: California: 2023 $209 billion $209 billion [7] Signature Bank: New York: New York: 2023 $118 billion $118 billion [8] Continental Illinois National ...
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]
In August 2000, Washington Mutual announced the pending acquisition of the Houston-based Bank United Corporation with its 155 branch offices, all located in Texas, for $1.49 billion in stock. [ 22 ] [ 23 ] [ 24 ] The acquisition was completed in February 2001.
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 ]
Providian Financial Corporation was an American financial services company founded in 1997, which became one of the leading credit card issuers in the United States before it was sold to Washington Mutual for approximately US$6.5 billion in October 2005. The company emphasized borrowers with lower income and lower credit ratings.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Washington_mutual_bank&oldid=69854591"