WASHINGTON MUTUAL BANK PURCHASE
JPMorgan Chase purchased Washington Mutual Bank (WaMu) on September 25, 2008. If you bank at WaMu, your deposits continue to be insured by FDIC (Federal Deposit Insurance Corporation) for up to $100,000, and are now backed by the security of JPMorgan Chase. No one lost any money that was deposited in Washington Mutual Bank.
YOUR PAYROLL DIRECT DEPOSIT
Your County Direct Deposit will continue as normal. Your September 30, 2008 Direct Deposit will be deposited to your WaMu account as usual.
If you want to cancel or change your Payroll Direct Deposit, contact your payroll office and complete a Direct Deposit form. The first payday reflecting the change will be October 15, 2008.
WHAT YOU NEED TO DO
Nothing. Continue to bank as you usually do. The following remain the same:
o Account Number
o Checks, Debit Cards, Credit Cards, Deposit Slips
o Online banking website and passwords
o Branches & ATMs
FURTHER INFORMATION
You can go to the following Website to get more information on the Purchase of WaMu.
JP Morgan Chase Website:
http://www.chase.com/welcomewamu/
FDIC Website:
http://www.fdic.gov/bank/individual/failed/wamu_q_and_a.html#direct_deposits