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All about Washington Mutual


The Washington Mutual is a savings and loan holding financial company, it is a retailer of financial services to consumers and small businesses. The Company owns two federal savings associations, as well as numerous non-bank subsidiaries. Washington Mutual has three operating segments they are the Retail Banking and Financial Services Group, the Mortgage Banking Group and the Commercial Group. Both the Retail Banking and Financial Services Group and the Mortgage Banking Group are consumer-oriented where as the Commercial Group serves is a commercial customers.

The Washington Mutual is servesing about 11.7 million consumer households through multiple distribution channels, including 1,939 retail banking stores, 478 lending stores and centers, and it has contain 3,350 automated teller machines (ATMs) through out the city, and also have the correspondent lenders, telephone call centers and online banking. In the year 2005, Washington Mutual Bank merged into Washington Mutual Bank, FA.

The main principal of Washington Mutual's activities are to provide financial services to consumers and businesses such as retail banking, mortgage lending, consumer lending, business banking, business lending, insurance services, credit card services, and consumer investment services. At the end of 2005 the Washington Mutual operates 2,541 retail banking, mortgage lending, commercial banking, and financial services offices.

Washington Mutual is now the 3rd largest mortgage lender in the United States. It has introduced many benefit programs for their customers such as
free ATM withdrawals, free checks for life, free customer email alerts and so on and it is aquiring corporations such as PNC Mortgage, Fleet Mortgage, and Homeside Lending.

More Information on Washington Mutual

1. Washington Mutual Bank : This bank is an whole part of the Washington Mutual. On January 1, 2005 state savings bank, Washington Mutual Bank has merged into Washington Mutual Bank, FA.

2. Washington Mutual Banking : Its banking services are amazing withs lots of products and services available to reach out every individual's requirements, it offer the perfect blend of financial industry expertise and local knowledge.

3. Washington Mutual Home Loan : Washington Mutual is one of the Americas leading financial organization. It was established in the year 1889 and has grown into a top most company. They were started of with trade under the symbol of WM on the New York stock exchange.

4. Washington Mutual Mortgage : Washington Mutual was founded as the Washington National Building Loan and Investment Association on September 25, 1889 in an attempt to save Seattle's economy.

 

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