Washington Mutual Bank
In our daily life, as an individual or as a business owner we do need services of a bank to maintain our finances. Before we actually move on into further details of a particular bank, the first important thing is to know what actually a bank is.  
 
If we explain in easy words, a bank is described as a financial institution that provides different types of services to its customers or consumers which includes so many things like maintaining different types of accounts, paying money or cheques on behalf of the customers, receiving money and cheques on behalf of the customers. There are other jobs too that the banks perfume as the banks help their customers in lending and borrowing of money. Every country has its own way, as in some countries banks own industrial corporations, on the other hand, in some countries like US it is prohibited for banks to own any non-financial company.

Due to the advancement in technology alot has been changed in the banking scene as things have become quite easier, simple and fast. ATM, telegraphic transfer, telephonic banking, EFTPOS are some valuable services provided by banks to their customers to help them in their business activities.

There are different banks that have been providing services for many years in all the countries. All the banks can be classified into different categories by their functions and activities. These categories include business banking, investment banking, central banks, retail banking, and private banking. The objective of the business banking and corporate banking is to provide different services to medium size business and large industries. Retail banking is all about helping small businesses and individuals in their business activities there are different types of retail banks such as community banks, community development bank, commercial bank, saving bank, postal saving bank and ethical banks etc. on the other hand, Investment banking helps in buying and selling different financial securities and commodities. Private banking provides services to high net worth individuals in managing their wealth and assets while on the other hand central banks are the banks owned by the government of that country.

The headquarters of the Washington Mutual Bank is located in Seattle, Washington. The main objective or the principal activities are to provide financial services to consumers and small businesses such as retail banking, mortgage lending, consumer lending, business banking, business lending, insurance services, credit card services, commercial real state mortgage, and consumer investment services.

Background of the Washington Mutual Bank
Washington mutual was actually founded in the year1889, as the Washington national building loan and investment association. By now the Washington Mutual is called the Washington mutual savings bank and it made its first acquisition on July 25 in the year 1930 by purchasing continental mutual savings bank. The marketing slogan of the company is "the friend of the family" for much of its history.                      
 
More facts about Washington Mutual Bank
The Washington mutual bank operates more than 2,600 retail banking, mortgage lending, commercial banking and financial service offices, as of June 30, 2006.                          

In case of any query or problem you can simply log on to their official website. The helpline is also quite useful as their representative are always there to answer your queries and to assist you at every step.