Many are owed bank pay-outs from Washington Mutual. With Washington Mutual going into the history books, many of its customers might be entitled to one last withdrawal coming into their mailbox. Millions of dollars held in accounts which have been dormant at the time of its bankruptcy have been transferred to the states’ unclaimed property offices.
J.P. Morgan Chase purchased Washington Mutual in 2008 after its failure to serve the interests of its customers. The Federal Deposit Insurance Company (FDIC) which was the supervising agency in the seizure of Washington Mutual handed over at least $251.4 million in unclaimed money to different states.