Thursday, September 25, 2008

FDIC: Bank Acquisition Information (Washington Mutual)

UPDATE-From the FDIC press release:
...Thursday evening, Washington Mutual was closed by the Office of Thrift Supervision and the FDIC named receiver. WaMu customers with questions should call their normal banking representative, service center, 1-800-788-7000 or visit www.WaMU.com. The FDIC's consumer hotline is 1-877-ASK-FDIC (1-877-275-3342) or visit www.fdic.gov.
From the FDIC:

Information for Washington Mutual Bank, Henderson, NV and Washington Mutual Bank, FSB, Park City, UT
  1. Introduction
  2. Press Release
  3. Acquiring Financial Institutions
  4. Question and Answer Guide
  5. Banking Services
  6. Loan Customers
I. Introduction
On September 25, 2008, the banking operations of Washington Mutual, Inc - Washington Mutual Bank, Henderson, NV and Washington Mutual Bank, FSB, Park City, UT (Washington Mutual Bank) were sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC).

The FDIC has assembled useful information regarding your relationship with this institution. Besides a checking account, you may have Certificates of Deposit, a car loan, a business checking account, a commercial loan, a Social Security direct deposit, and other relationships with the institution. The FDIC has compiled the following information which should answer many of your questions.

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II. Press Release
The FDIC has issued a press release (PR-85-2008) about this transaction....MORE
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