WASHINGTON MUTUAL BANK Failed 2008
What happened
WASHINGTON MUTUAL BANK of HENDERSON, NV was closed on 2008-09-25. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to JPMORGAN CHASE BANK, NA (COLUMBUS, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3568
- FDIC Certificate
- 32633
- FDIC FIN
- 10015
- Bank name
- WASHINGTON MUTUAL BANK
- Location
- HENDERSON, NV
- Failure date
- 2008-09-25
- FDIC resolution date
- 2008-09-25
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $188,261M
- Assets at failure
- $307,022M
- Acquiring bank
- JPMORGAN CHASE BANK, NA (COLUMBUS, OH)