What the WaMu Collapse Means for Its Customers
mtippett | September 29, 2008 at 10:13 amby
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Good news for Washington Mutual customers for now.
"Life is exactly as it was for Washington Mutual customers on Friday as it was on Thursday except they are now backed by a bigger, stronger bank," says Chase spokesman Tom Kelly. Washington Mutual customers can continue to use their WaMu ATM cards, checks, debit and credit cards, online services and branches. Direct deposit and automated payments will remain the same, and Washington Mutual customers should continue to send their credit card and loan payments to the same place. Loan terms are governed by contract and will remain the same.
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