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Home » Store » News » WaMu Says Brand Does Matter in Strategy Using Mortgages to Capture Mass Market

WaMu Says Brand Does Matter in Strategy Using Mortgages to Capture Mass Market

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Washington Mutual wants to be the Starbucks of the consumer financial services industry, using mortgages and free checking accounts as key products on which to build profitable consumer relationships. “It’s not a bank, it’s not a thrift and it’s not a mortgage company,” said Tom Casey, executive vice president and WaMu’s chief financial officer. “It’s an integrated financial services company going after the mass market,” he said during a recent investor presentation.
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