Here is the official FDIC seizure page for WaMu

[Newsjock]

http://www.fdic.gov/bank/individual/failed/wamu.html

On September 25, 2008, the banking operations of Washington Mutual, Inc - Washington Mutual Bank, Henderson, NV and Washington Mutual Bank, FSB, Park City, UT (Washington Mutual Bank) were sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC).

The FDIC has assembled useful information regarding your relationship with this institution. Besides a checking account, you may have Certificates of Deposit, a car loan, a business checking account, a commercial loan, a Social Security direct deposit, and other relationships with the institution. The FDIC has compiled the following information which should answer many of your questions.

[tavalon]

1. Is this the whole of WaMu or only those two individual banks?

[tavalon]

2. Chase will be absorbing it

and yes, it's the whole kit and kaboodle.

[Hissyspit]

3. How will this affect my WaMu credit cards?

They will become Chase cards?

I don't have any balance on them, but was just wondering.

[Tutonic]

4. They will become like monopoly money but even better for

your Chase overlords, because they can haul your ass off to a real jail.