General Question

jballou's avatar

Will all WaMu branches become Chase branches?

Asked by jballou (2113points) October 1st, 2008

Since Washington Mutual was bought out by JP Morgan Chase

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3 Answers

MarshallO's avatar

Yes—although Chase announced through its WAMU website that this process will take about a year.

tedibear's avatar

Yes, although as Marshall says, it will take time. They will have to make decisions about which branches to close and that’s not as simple as it may sound. The Community Reinvestment Act plays a part in this, as do staffing and physical plant factors.

jasongarrett's avatar

According to the press release, rebranding will be complete by year-end 2010 and fewer than 10% of the combined network’s branches will be closed.

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