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Washington Mutual: Washington Mutual Bank
built 280 days ago
Washington Mutual is a banking and financial services firm based in Seattle serving both consumers and small to mid-sized businesses. The company has 2,500 retail banking, mortgage lending, commercial banking and financial services offices throughout the nation.
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According to Galltech.com, Washington Mutual is the leading provider of online banking because of the easy system they employ. “You don't need to download any software or learn any new program(s),” the reviewer at Galltech says, and goes on to talk about how well-organized and accessible the online banking service is.
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Washington Mutual, Inc., together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking, Card Services, Commercial, and Home Loans. The Retail Banking segment offers deposit and other retail banking products and services, which include checking and interest-bearing checking accounts, personal checking, savings, money market deposit, and time deposit accounts to consumers and small businesses; loan products comprising home loans, home equity loans, lines of credit, and mortgage loans; and investment advisory and brokerage services. The Card Services segment's operations consist of issuing credit cards, holding outstanding balances on credit cards in portfolio or securitizing and selling them, servicing credit card accounts, and providing other cardholder services. The Commercial segment provides finance to developers and investors for multi-family dwellings and other commercial properties, services multi-family and other commercial real estate loans, and provides limited deposit services to commercial customers. The Home Loans segment originates and services home loans, manages capital market operations, fulfillment and servicing of portfolio of home equity loans and lines of credit, originates and purchases mortgage loans to higher risk borrowers, provides financing and other banking services to mortgage bankers for the origination of mortgage loans, and offers insurance-related products and reinsurance services.
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Seattle based Washington Mutual expanded into Southern California with the acquisition of the H. F. Ahmanson Company. Along with the Ahmanson Company's banking came the Ahmanson Ranch and the development plans for the ranch. While Washington Mutual has fully absorbed the bank under the Washington Mutual name, they have not renamed the Ahmanson Land Company. They don't promote the development under their corporate name.
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Washington Mutual provides thrift banking to a growing population. Washington Mutual, Inc. (NYSE: WM) was founded in 1889 and is headquartered in Seattle, WA. The company offers financial services to consumers and small-to-mid-sized businesses, through three segments: Retail Banking-Financial, Mortgage, and Commercial. It operates about 2,400 offices. The company has annual revenue of about $17 billion and employs about 53,000 people. In October 2005, it acquired credit card company Providian Financial Corporation.
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Washington Mutual headquartered at Seattle, Washington which is a second largest building in the city. It is ... called as WaMu. It is one of the financial based company. On survey Washington Mutual is the 6th largest bank in the United States. The principal financial services of Washington Mutual are :
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Washington Mutual Bank