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Washington Mutual branches to adopt Chase name and logo

More than 230 bank branches and 440 ATMs in Florida will get a makeover Monday as Chase officially brands former Washington Mutual branches with its name and blue octagon logo.

"We're lucky we got a great brand. And now we got the great products and services to go with the great people we have always had," said Brandon North, a Chase district manager in the bay area.

Community partners and Chase employees will be on hand at ceremonies at several bank locations in Boca Raton, Orlando, Tampa and Miami to celebrate the occasion.

Similar conversions will take place in Texas, Georgia, Illinois, Connecticut, New York and New Jersey on Monday, North said.

Parent company JPMorgan Chase acquired Washington Mutual in September 2008. That same year Chase opened a combined network of 14,000 Chase and WaMu automated teller machines nationwide.

Last week, Chase upgraded products and technology to link former WaMu branches in Florida and other states to Chase systems, giving customers access to nearly 4,200 branches.

Chase is spending $750 million this year on refurbishing its branches, including $92 million in Florida, Chase spokeswoman Nancy Norris said.

By the end of the year, 25 million checking account customers will have access to more than 5,100 branches nationwide.

Besides the sign changes, Florida customers also get to look forward to a larger variety of checking and savings accounts and loans, Norris said.

JPMorgan Chase scored better than other banks in a federal report on mortgage modifications released Tuesday. According to the report, Chase extended offers to nearly one in three eligible homeowners and started trial modifications for 20 percent of its eligible homeowners.

In March, Chase opened a homeownership center in Tampa to assist homeowners who are having trouble paying mortgages and may need to modify their loan payments.

The conversion brings the Chase network in Florida to 239 branches and 1,025 ATMs.

Washington Mutual branches to adopt Chase name and logo 08/07/09 [Last modified: Friday, August 7, 2009 9:08pm]
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