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80 In April 1994, Washington Mutual announced 30mm t slot the completed acquisition of three Portland -area offices of the failed Portland-based Far West Federal Savings Bank from the Resolution Trust Corporation for.2 million.
"Judge Says Hedge Funds May Have Used Inside Information".But locally based Ahmanson may raise its competing offer".Washington Mutual bought American Savings from majority holder Keystone Holdings and the Federal Deposit Insurance Corp., which has owned a stake in American for eight years.186 Stathis stated that within a few weeks of submitting his complaint, he was visited by federal agents who held him in an interrogation room for questioning.Fuquay, Jim (July 23, 1996)."Parent Company Considers Selling Pacific First Bank".6 7 Before the receivership action, it was the sixth-largest bank in the United States.
The thrift, stripped of its most troubled assets, immediately started making money.
47 48 In September 1990, Washington Mutual announced the completed acquisition of all three Washington branches of the failed Utah-based Williamsburg Federal Savings and Loan Association from the Resolution Trust Corporation for.3 million.Neurath, Peter (July 29, 1994).An investment group led by Fort Worth billionaire Robert.After the deal is done next May or June, Washington Mutual will be second in size here only to Seafirst Bank.It will also get seven Community branches in the Vancouver area.223 See also edit References edit Bansal, Paritosh.Virgin, Bill (June 3, 1995)."Washington Mutual To Buy Enterprise - Aim Of Deal: Tiny Bank's Commercial Charter".Now comes the job of absorbing Great Western, a task complicated by the fact that this deal makes Washington Mutual a true coast-to-coast institution, with the addition of branches in Florida.11 12 13, all WaMu branches were rebranded as Chase branches by the end of 2009.Wamu has nine offices of various types in the Boise area.
Ahmanson - It'll Become 7th-Largest.S.
The deal gives Washington Mutual its first presence in California, allowing an immediate foothold in key locations that will solidify its West Coast position.