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|WaMu Customers in California and Arizona get Hundreds More ATM Locations for Free Access to Cash|
Customers Have Convenient, Fee-Free Access to Money in More Than 425 CVS/pharmacy Stores
SEATTLE--(BUSINESS WIRE)--March 5, 2008--WaMu (NYSE:WM), one of the nation's leading consumer and small business banks, has entered into an agreement with Cardtronics, LP to brand more than 425 ATMs in CVS/pharmacy stores in California and Arizona. The branded ATMs, which will feature the WaMu logo, transaction screens and printed receipts, will provide surcharge-free cash withdrawals, balance inquires and account transfers to all WaMu customers with either an ATM Card or Debit MasterCard(R). The branded ATMs are owned and operated by Cardtronics.
"We're continuously working to give our customers a good value and make banking simpler," said James Corcoran, president, Retail Banking. "By teaming up with Cardtronics and CVS/pharmacy, we're able to make it more convenient for our customers to access their money."
WaMu has more than 750 branches in California and Arizona. This expansion through CVS/pharmacy brings the total number of surcharge-free ATMs to 2,090, including 1,932 in California and 158 in Arizona.
Customers may visit www.wamu.com to locate all WaMu ATMs and the new CVS/pharmacy ATM locations.
"WaMu understands the power of bringing banking services closer to the consumer and the importance that convenience and ubiquity play in developing a stronger customer service offering," said Keith Myers, executive vice president of financial services at Cardtronics. "We are pleased to expand our strong relationship with WaMu and to help the bank strengthen its brand presence, improve its competitive position and enhance its value to current and prospective customers in the California and Arizona markets."
About Washington Mutual, Inc.
Washington Mutual, Inc., through its subsidiaries, is one of the nation's leading consumer and small business banks. At Dec. 31, 2007, Washington Mutual, Inc. and its subsidiaries had assets of $327.91 billion. The company has a history dating back to 1889 and its subsidiary banks currently operate approximately 2,500 consumer and small business banking stores throughout the nation. The company's press releases are available at http://newsroom.wamu.com.
About Cardtronics, Inc.
Headquartered in Houston, Texas, Cardtronics is the world's largest owner/operator of ATMs with more than 31,000 locations. Cardtronics operates in every major U.S. market, at approximately 1,700 locations throughout the U.K., and at over 700 locations in Mexico. Major merchant-clients include 7-Eleven(R), A&P(R), Albertson's(R), BP(R) Amoco, Chevron(R), Costco(R), CVS(R)/pharmacy, Duane Reade(R), ExxonMobil(R), Hess Corporation(R), Rite Aid(R), Sunoco(R), Target(R), and Walgreens(R). Cardtronics also works closely with financial institutions across the United States to place their brands on Cardtronics-owned and operated ATMs at major merchant locations. These branded ATMs provide surcharge-free cash access for the financial institutions' customers while also increasing brand awareness for the financial institutions. For more information about Cardtronics, please visit http://www.cardtronics.com.
CVS/pharmacy, the retail division of CVS Caremark Corporation, is America's largest retail pharmacy with approximately 6,200 retail locations. CVS/pharmacy is committed to serving the healthcare needs of all customers by being the easiest pharmacy for customers to use, both in its stores and online at CVS.com. General information about CVS/pharmacy and CVS Caremark is available at http://www.cvs.com/pressroom, as well as http://investor.cvs.com.CONTACT: Media Contact:
Gary Kishner, 818-775-4234
SOURCE: Washington Mutual, Inc.