Washington Mutual customers can bank with confidence now that they have both the backing of the Federal Deposit Insurance Corp. (FDIC) and of JPMorgan Chase, a $2 trillion banking company.

JPMorgan Chase bought the banking assets of Washington Mutual from the FDIC on September 25, so the Washington Mutual branches - better known as WaMu - opened with the WaMu name and the strength of JPMorgan Chase on Friday, September 26. In fact, Chase is the #1 bank in U.S. bank deposits.

"Customers should continue banking as usual, knowing they are now backed by a bigger, stronger bank," said Charlie Scharf, head of Retail Financial Services at JPMorgan Chase. "They should use the same WaMu branches, use the same WaMu checks, use the same WaMu debit cards, and work with the same WaMu tellers and bankers."

Together, WaMu and Chase have more than 5,400 branches and 14,000 ATMs across the country. Over time, customers will be able to use all those branches. But for now, WaMu customers should use WaMu branches and ATMs, and Chase customers should use Chase branches and ATMs.

Chase and Washington Mutual (WaMu) are brands of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.0 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan, Chase and WaMu brands.

Media Relations for Chase
Tom Kelly, (312) 732-7007