1) Investment Services: Whether you are investing your money for retirement, saving for a home or trying to build wealth for you and your family, Financial Services helps you to make your money work smarter.
2) Insurance Services: Washington Mutual Insurance Services, offers home products, auto and life products to help you protect what is most important to you. Washington Mutual Insurance services and WM Financial Services are affiliates of Washington Mutual and its banking subsidiaries.
Beginning of banking in US
Washington Mutual Banking began in 1781 in United states with an act of United States Congress that established the Bank of North America in Philadelphia. During the American Revolutionary War, the Bank of North America was given a monopoly.
Robert Morris, was appointed as the Superintendent of Finance and proposed the Bank of North America as a commercial bank that would act as fiscal agent for the government. The monopoly was observed as necessary because the previous attempts to finance the Revolutionary War with paper currency had failed; after the war. Number of banks were chartered by the states under the Articles of Confederation, including the Bank of New York and the Bank of Massachusetts, both of which were chartered in 1784.
But the Bank of North America was succeeded by the First Bank of the United States. Then after the Constitution replaced the Articles of Confederation as the foundation of American government. However, Congress failed to renew the charter for the Bank of the United States, which expired in 1811. Similarly, the Second Bank of the United States was chartered in 1816 and shuttered in 1836.
Washington Mutual Banking include many products and services some of them are as
1.loans
2.Business services
3.Financial services
4.commercial banking
5.Account choices
Account checking service will give their customer a safe place to keep their money and have easy access to it. also helps to keep track of how much money one has and how much they are spending. With washington mutual bank's checking account, one can take money out of the account in several ways. They also have many solutions for savings, retirement, account extras and investments.
