Tuesday, July 22, 2008

Online Savings Accounts and Personal Banking Solutions from WaMu

My friend just was hired as a programmer few months ago. Now she is thinking to open savings accounts so each time she is paid, she will be able to save money for her future home. Let me tell you something about her, she is a very generous and kind person and I am glad that she is able to send her little sister to college. Having a saving account is an excellent idea because when we are facing financial problems or emergency comes, then we do not have to borrow money at all. It is nice to have a little security of our own.

I am sure that most of us have known the term of savings accounts. However, if you do not know anything about savings accounts, then it is my duty to inform you. Savings accounts are accounts maintained by consumer financial institutions that pay interest. Savings accounts are offered by commercial banks, credit unions, loan and savings associations, building societies and mutual savings banks. These accounts let customers set aside a portion of their liquid assets while earning a monetary return.

Do you know that the third largest loan and savings in the United States, Washington Mutual Inc. (WaMu) has operated as the bank holding company for Washington Mutual Bank and numerous other financial services businesses? Well, WaMu focuses on providing financial services to small businesses and consumers such as mortgage lending, consumer lending, retail banking, business lending, business banking, insurance services, commercial real estate mortgage, credit card services and consumer investment services.

WaMu has many savings services for its customers. There are couples of things that make WaMu difference from the other banks, such as its status as a pioneered in the home load field (1890), the first starter of shared ATM network in the 1970s, and the first bank to offer full-service brokerage and mutual funds through the stores in the 1980s. Moreover, WaMu is the financial institution that developed a new retail store design in the late 1990s and the first full-service branch design to be issued a U.S. patent.

I am sure there are many things that make WaMu difference from the other banks that I have not mentioned here. Therefore, if you are planning to open a new savings banks account or switching account, do not hesitate to click on the link that I have provided inside of this post to get more information about Savings Accounts.

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