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Washington Mutual (WaMu) credit cards

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Washington Mutual credit cards -or-
WaMu credit cards

See: Hypothetical example of active duty military member with WaMu credit card recovering excessive interest charges.

Washington Mutual Card Services
P.O. Box 660487
Dallas, Texas 75266-0487
800-280-9441
800-280-9441

Washington Mutual Card Services
3801 S Collins St
Arlington, TX 76014
817-276-5900‎

WaMu Branch banks in Texas

Chase to Take Washington Mutual’s Card Business In House

Columbus, Ga., December 2, 2008 — TSYS announced today that it has entered into an agreement with JPMorgan Chase (Chase) with respect to the discontinuation of the servicing of Washington Mutual Bank’s (WaMu’s) consumer card portfolio by TSYS. In addition, the parties agreed to an extension of the processing agreement between TSYS and JPMorgan Chase Bank, N.A. (Toronto Branch) for its Canadian card business through April 30, 2012. Chase will pay TSYS fees for deconversion and termination which both parties have agreed not to disclose. The deconversion is expected to take place in March 2009 after which Chase will process the WaMu portfolio in house on the technology platform it licenses from TSYS.

-oOo-

Washington Mutual, Inc.
Washington Mutual, Inc.
1201 3rd Ave
Seattle WA 98101
(Holding company)

Washington Mutual Bank, Henderson, NV
2273 North Green Valley Parkway
Henderson, Nevada, 89014
http://www.wamu.com
Immediate parent – Washington Mutual, Inc.
Source: iBanknet

Washington Mutual Bank, FSB
6250 Sagewood Drive,
Park City, UT 84098
435-655-4929
435-655-4920 Fax
http://www.wamu.com
Immediate parent – Washington Mutual, Inc.

Regulated by Federal Office of Thrift Supervision (OTS)

F.D.I.C. – Bank Acquisition Information – for Washington Mutual Bank, Henderson, NV and Washington Mutual Bank, FSB, Park City, UT

F.D.I.C. – Continuation of Contracts Transferred From Washington Mutual Bank

–ooOOoo–

J. P. Morgan Chase & F.D.I.C. purchase and assumption agreement of  Washington Mutual Bank, Henderson, NV

F.D.I. C. press release September 25, 2008

Office of Thrift Supervision – Fact Sheet on Washington Mutual Bank

NYT: Government Seizes WaMu and Sells Some Assets
By ERIC DASH and ANDREW ROSS SORKIN
Published: September 25, 2008

Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in American history. Regulators simultaneously brokered an emergency sale of virtually all of Washington Mutual, the nation’s largest savings and loan, to JPMorgan Chase for $1.9 billion, averting another potentially huge taxpayer bill for the rescue of a failing institution. . .

. . . By taking on all of WaMu’s troubled mortgages and credit card loans, JPMorgan Chase will absorb at least $31 billion in losses that would normally have fallen to the F.D.I.C.

-oOo-

WaMu’s credit card operation acquired from Providian National Bank on October 1, 2005

Brief history of Washington Mutual

An even briefer history of Washington Mutual

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Written by Tom Fox

February 24, 2009 at 11:28 pm

Posted in Credit card debt

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