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
"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
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.