The Washington Mutual is a group of companies offering investment services and insurance services. Washington Mutual was founded on 25th,Sep,1889 as Washington National Building Loan and Investment. Now Washington Mutual is United States's largest savings and loan and is publicly traded on New York Stock Exchange. Investment services for retirement and savings for home or building wealth to family. Washington Mutual Financial services helps making money work smarter. Insurance offers home, auto and life products to protect what's most important.

This Mutual has mail policy is to provide financial services to the customers and small bussinesses like consumer lending, bussiness banking, retail banking, credit card services, consumer investment services, insurance services. Up to 30th June 2006 Washington Mutual operating over 2600 retail banking, commercial banking and financil services. In march 2006 it introduces the free checking product under the trade mark of WaMu Free Checking.

From August 2006 Washington Mutual began using the official abbreviation of WaMu in all. Washington Mutual now called as Washington Mutual Savings Bank having completely different design from normal banks instead of tellers window and traditional counters it process the customer transactions at individual stations. It gives a reciept with the PIN number to customers and they walks to ATM like machine there customer enters their pin for one time to retrive their funds.

The Washington Mutual first having occasio layout, follows federal laws to cash deposits. Here customer must provide their ID to deposit the cash amount more than $10,000, but now this changed to Open Layout. Since the acquisition of Murphey Favre, it has made numerous acquisitions with the aim of expanding the corporation. By acquiring corporations like PNC mortage, fleet mortage, etc. it became 3rd largest mortage lender in United States. By acquiring Providian financial corporation, Washington Mutual become 9th largest credit company throughout the nation. In next fifty years it would be involved in pioneering cash machine networks and telephone banking.