WaMu customers can now use Chase ATMs.
David Schneider, president of home loans at Washington Mutual for the past three years, has been named head of retail banking for the WaMu segment of JPMorgan Chase, the New York bank that bought WaMu after it failed last month.
Schneider will report to JPMorgan retail head Charlie Scharf and head of consumer banking Scott Powell.
“His leadership and experience will be crucial to our successful integration,” Scharf wrote in a memo Wednesday to WaMu employees.
Prior to joining WaMu, Schneider was president and chief operating officer of St. Louis-based CitiMortgage, part of Citigroup of New York. At that job, he led the integration of two acquired mortgage companies, First Nationwide and Principal Residential.
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Before that, he spent almost a decade at Old Kent Financial of Michigan, where he was chief financial officer and later executive vice president of retail banking. Old Kent was bought by Fifth Third Bancorp in 2001.
On Wednesday, WaMu and JPMorgan also announced that customers of both banks can now use any ATM that belongs to WaMu or JPMorgan, whose ATMs and branches are called Chase. Together they have 14,000 ATMs in 27 states.
Melissa Allison: 206-464-3312 or email@example.com