Comments on: Saw this one coming: WaMu (my bank) goes down in flames

By: disa

disa — Tue, 22 Sep 2009 07:03:36 +0000

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By: kabir

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By: Kizz

Kizz — Mon, 29 Sep 2008 18:51:00 +0000

I was a NatWest customer. It was bought by Fleet and Fleet was bought by BoA. In my experience you’re certainly going to get new fees but everything else will stay the same.

By: kabir

kabir — Sat, 27 Sep 2008 06:21:00 +0000

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By: pilates

pilates — Fri, 26 Sep 2008 22:50:00 +0000

I had the same thing happen with one of my credit cards, suddenly I was a Chase customer. It was actually completely seamless, no problems with the transition. Hopefully, you will have smooth sailing as well

By: Kabes

Kabes — Fri, 26 Sep 2008 19:44:00 +0000

Hi Nicole,
From the Chase Welcome WAMU Web site:

What stays the same?

Continue to bank just as you usually do:

* same account numbers,
* same Washington Mutual name on your account,
* same checks, debit cards, credit cards, deposit slips,
* same online banking website and passwords,
* same branches & ATMs,
* same familiar bankers, and
* same great service!

By: Nels

Nels — Fri, 26 Sep 2008 19:14:00 +0000

Well, I can comment on both sides of this equation. I’ve had a checking account with Chase for 4 years now and the only problem I ever had was when they put a freeze on my account when I transferred a couple of tens of thousands of dollars into my account to make the down payment on my house. Of course, they also offered to move me into a “high” interest checking account (which was about 0.5% at the time, I believe).

Speaking of that house on which I made a down payment… I actually had to get two loans to avoid getting private mortgage insurance (my lending agent was a stud), and the smaller of the two loans is through WaMu. It’ll be interesting to see what happens now… hopefully just business as usual, but who knows.