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School Lockdown Used As Diversion For Bank Robbery 

KXAN 36 Austin - Oct 08 12:50 PM
Jollyville Elementary School in Northwest Austin went on lockdown Thursday after someone reported a man with a gun. That turned out to be a diversion for a bank robbery at the Washington Mutual on Parmer Lane, according to Travis County investigators.

Friendly approach gets bank in trouble 
Austin American-Statesman - Oct 07 6:27 PM
Washington Mutual's teller setup led to robbery, customer's lawsuit says. LOS ANGELES — Washington Mutual Inc. says it moved tellers out from behind counters to encourage "friendly customer service in a welcoming retail environment," a design it proudly patented.

Washington Mutual initiated with "underweight" 
New Ratings - Oct 05 8:23 AM
NEW YORK, October 5 (newratings.com) - Analyst Matthew Park of Prudential Financial initiates coverage of Washington Mutual ( WM.NYS ) with an "underweight" rating. The target price is set to $45.

Washington Mutual cuts 140 jobs 
Everett Herald - Oct 05 12:13 AM
Loan processing jobs at the Lynnwood branch will be moved out of the state, and the bank says more cutbacks are possible.

washington mutal bank

 

 

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- washington mutual bank

Washington Mutual Inc
Type Public
Founded 1889
Headquarters Seattle, Washington
Key people Kerry Killinger, CEO & Chairman
Industry Finance and washington mutal bank Insurance
Products Financial Services
Revenue $15.962B USD
Employees 60,798
Subsidiaries WM Financial Services; Washington Mutual Insurance Services; Washington Mutual Card Services
Website http://www.wamu.com/
A Washington Mutual branch in San Jose, California

Washington Mutual (or WaMu; NYSE: WM) is one wadhington mutual bank of United States's leading consumer and small business banks. Despite its name, it is not a credit union or washingtin mutual bank mutual company. It is publicly traded on the New York Stock Exchange. wasington mutual bank As of June 30, 2005, it stands as the 6th largest bank in the United washingtonmutual bank States by assets, valued at $350.7 billion.

In March of 2006, Washington Mutual began moving washington mutial bank into its new headquarters, washingon mutual bank WaMu Center, located in downtown Seattle. The company's original headquarters, Washington Mutual Tower, still stands about a block away from the washingtom mutual bank new building on Second Avenue.

Washington Mutual's principal activities are to provide washingon mutualbank financial services to consumers washington mutual bank and small businesses such as retail banking, mortgage lending, consumer lending, business washington mutual bank locations banking, business lending, insurance services, credit card services, commercial real estate mortgage and consumer investment services.

Washington Mutual is the sole surviving major Seattle-based bank after the bank online washington mutual washington mutual bank online banking flurry of mergers in the 1980s and 1990s ended the independence of Rainier Bank, Seafirst Bank, and People's Bank, among others.

Washington Mutual washington mutual savings bank operates more than 2,600 retail banking, mortgage lending, commercial banking, and washington mutual bank florence sc financial services offices, as of June 30, 2006.

Contents

  • 1 History
  • 2 Occasio washington mutual bank website Branches
  • 3 Acquisitions
  • 4 External log in to washington mutual bank on line banking links

History

Washington Mutual was founded as the Washington National Building Loan and Investment washington mutual bank home loans Association on September 25, washington mutual bank auto loans 1889 in an attempt to save Seattle's economy after a fire nearly destroyed the city. It made washington mutual bank florida the first home mortgage loan on the West Coast four months later. washington mutual bank mortgages Its name was changed to Washington Savings and Loan Association on June bank cd mutual rate washington 25, 1908. During World War I its assets would expand by 68%.

By now called Washington Mutual bank location mutual washington Savings Bank, the company made its first acquisition on July 25, 1930, by purchasing Continental Mutual Savings savings bank washington mutual Bank. Over the next fifty years it would be involved in pioneering cash washington mutual bank online machine networks and telephone washington mutual banks banking.

Its marketing slogan for much of its history was "The Friend of the Family."

In 1983, Washington Mutual bought the brokerage washington mutual online bank firm Murphey Favre and demutualized. Today, it trades on the New York Stock Exchange under bank banking mutual online washington the bank mortgage mutual washington xxasdf ticker symbol WM. By 1989, its assets had doubled.

In March of 2006, Washington Mutual re-introduced its Free Checking product savings washington mutual bank under the trademark WaMu Free Checking. It introduced benefits including: free checks for life, free ATM withdrawals (no Washington washington mutual bank employment Mutual fees for non-proprietary ATMs), one free washington mutual bank home page overdraft or insufficient funds refund per year, three cents back on washington mutual bank location debit card purchases, free custom email alerts, and free outgoing wire transfers (both international and domestic). Along washington mutual bank nj with the new product, Washington Mutual changed its slogan washington mutual banks in san fernando valley from "More Human Interest" to "The WaMu Way" (WaMu is the official abbreviation bank center message mutual washington for the company name).

In August 2006, Washington Mutual bank foreclosure mutual washington began using the official abbreviation of WaMu in all but the legal viewpoint. The move by bank home in mortgage mutual rate washington washington Washington Mutual is gaining a lot of media attention, bringing positive bank las mutual vegas washington views from all over the United States, and through the banking industry.

Occasio Branches

Occasio is Latin for "favorable opportunity" or "special occasion" (which is also the root of washington mutual bank branch the English word, occasion). It has an open, welcoming washington mutual bank home equity loan space with the look and feel of a contemporary retail store. Occasio branches are unique washington mutual bank mortgage rate to Washington Mutual, as their design has taken a completely different direction from normal banks. Instead of teller windows and the traditional counter (which washington mutual bank nyc are normally roped off making customers form a bank branch mutual washington line), tellers process customer transactions at individual stations. Washington Mutual is also unique in that bank forclosure washington mutual cannot make payment how it does not have tellers hand back any open new account washington mutual bank monies to customers, but instead gives customers a receipt with a PIN code. Customers walk over to an ATM like wamu washington mutual bank dispensing machine where they enter the one-time generated PIN code to washington mutual bank + corporate office retrieve their funds. This eliminates the possibility of theft by tellers or washington mutual bank account other customers from clients.

In October, 2006, Jaime Quiroz Sanchez filed suit washington mutual bank branch locator against Washington Mutual over a security issue in the washington mutual bank class actions Occasio layout. Because of the open design, he claims, anyone can washington mutual bank encino see the money being handled by the teller. When a Washington Mutual branch refused to washington mutual bank fa allow him to deposit $20,805 because of an expired driver's license, he washington mutual bank homepage was robbed of the money on the way out, as the open washington mutual bank phoenix layout allowed people both inside and looking into the bank from outside to become aware that he was carrying a washington mutual bank reo large amount of money (LA washington mutual bank reverse mortgage Times: Client Faults WaMu Layout in Robbery).

Acquisitions

Since the acquisition of Murphey washington mutual banks in kansas Favre, Washington Mutual has made numerous acquisitions with the aim of expanding the corporation. By acquiring corporations such as PNC Mortgage, Fleet bank mutual mutual washington washington Mortgage, and Homeside Lending; Washington Mutual is now the 3rd largest mortgage bank mutual oregon washington lender in the United States. bank mutual personal washington With the acquisition of Providian Financial Corporation in October 2005, WaMu has also become the nation's bank washington mutual 9th largest credit card company.

A list of Washington Mutual acquisitions since demutualization follows:

  • Commercial Capital Bancorp, California, 2006
  • Providian Financial Corporation, California, 2005
  • HomeSide Lending, Inc., washington mutual bank accounts Florida, a unit of National Australia Bank, 2002
  • Dime Bancorp, Inc., washington mutual bank in dc New York, 2002
  • Fleet Mortgage Corp., South Carolina, 2001
  • Bank United Corp., Texas, washington mutual bank interest rates 2001
  • PNC Mortgage, Illinois, 2001
  • Alta Residential Mortgage Trust, California, 2000
  • Long Beach washington mutual bank log in Financial Corp., California, 1999
  • Industrial Bank, California, 1998
  • H.F. Ahmanson & Co. (Home Savings of America), California, 1998
  • Great Western Bank, washington mutual bank message center 1997
  • United Western Financial Group, Inc., Utah, 1997
  • Keystone Holdings, Inc. (American Savings Bank), California, 1996
  • Utah Federal washington mutual bank miami fl Savings Bank, 1996
  • Western Bank, Oregon, 1996
  • Enterprise Bank, washington mutual bank mortgage Washington, 1995
  • Olympus Bank FSB, Utah, 1995
  • Summit Savings Bank, Washington, 1994
  • Far West Federal Savings Bank, Oregon, 1994
  • Pacific First Bank, Ontario, washington mutual bank on line 1993
  • Pioneer Savings washington mutual bank personal banking rights agreement Bank, Washington, 1993
  • Great Northwest Bank, Washington, 1992
  • Sound Savings & Loan Association, Washington, 1991
  • CrossLand Savings FSB, Utah, 1991
  • Vancouver Federal washington mutual bank phone numbers Savings Bank, Washington, 1991
  • Williamsburg Federal Savings Association, washington mutual bank routing Utah, 1990
  • Frontier Federal Savings Association, Washington, 1990
  • Old Stone Bank of Washington, FSB, Rhode washington mutual bank san diego Island, 1990


External links

Official corporate websites
  • http://www.wamu.com/
  • http://www.wamuhomeloans.com/
  • http://www.wamu.com/wmfinancial/investmentshome.asp
  • http://www.wamuins.com/
  • http://www.wamucards.com/
  • http://www.wmfinancial.com/
  • http://www.wamoolaforschools.com/
  • WaMu Financial Center locater
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