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WASHINGTON MUTUAL BANK

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Washington Mutual Bank: Profile

Washington Mutual (WaMu), was founded in 1889 as the Washington National Building Loan and Investment Association in Seattle, Washington. From that beginning, Washington Mutual has grown into a financial services company that offers services in four areas:

  1. Retail Banking & Financial Services
  2. Home Loans
  3. Commercial Banking
  4. Card Services

Washington Mutual's home loan business offers a broad range of loan products including: adjustable-rate home loans (ARMs), fixed-rate home loans, hybrid home loans, and government insured or guaranteed home loans WaMu also offers insurance products that complement their loan offerings, including: mortgage life insurance, private mortgage insurance, as well as flood, homeowners', earthquake, and other property and casualty insurance.

Recent recognition received by WaMu includes:

  • Number 374 on the "Global 500" - FORTUNE (July 2005)
  • Number 131 on the "FORTUNE 500" - FORTUNE (April 2005)
  • Number three in the Mortgage Services Category on FORTUNE magazine's list of "America's Most Admired Companies"
  • One of the "100 Best Corporate Citizens" - Business Ethics (Spring 2005)

Washington Mutual Bank: Notable

Washington Mutual Bank is a HUD-approved lender (US Department of Housing and Urban Development).

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