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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 WaMu Bank , which was the largest savings and loan association in the United States until its collapse in 2008.
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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]
Berks County Trust Company. Wyomissing Valley Bank, Temple State Bank, Mount Penn Trust Company, Reamstown Exchange Bank, Schuylkill Trust Company. Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp) Wells Fargo. 1964. National Bank of Commerce. Texas National Bank.
Washington Mutual: Seattle: Washington: 2008 $307 billion $434 billion [3] First Republic Bank: San Francisco: California: 2023 $229 billion $229 billion [4] [5] Silicon Valley Bank: Santa Clara: California: 2023 $209 billion $209 billion [6] Signature Bank: New York: New York: 2023 $118 billion $118 billion [7] Continental Illinois National ...
Kerry Killinger (born June 6, 1949) is an American businessman and author. He is founder and CEO of Crescent Capital Associates, [1] and previously served as chairman and chief executive officer of Washington Mutual from 1990 until 2008. [2][3] He and his wife Linda co-authored the 2021 book Nothing is Too Big to Fail: How the Last Financial ...
1201 Third Avenue (formerly Washington Mutual Tower) is a 235.31-meter (772.0 ft), 55-story skyscraper in Downtown Seattle, in the U.S. state of Washington. It is the third-tallest building in the city, the eighth-tallest on the West Coast of the United States, and the 97th-tallest in the United States. Developed by Wright Runstad & Company ...
The Dime Savings Bank of New York, originally the Dime Savings Bank of Brooklyn, was a bank headquartered in Brooklyn, New York City. It operated from 1859 to 2002. The bank was formerly headquartered at 9 DeKalb Avenue, built in 1906-08 in Downtown Brooklyn. Dime was acquired by Washington Mutual in 2002, which subsequently failed in 2008 and ...