Overview

Home Savings of America

Information by Research Trustfinance

Founded in 1889, Home Savings of America grew to become the largest savings and loan (S&L) association in the United States. It was known for its focus on consumer savings accounts and home mortgage lending, and for its distinctive white marble branch buildings, many of which were adorned with large, colorful mosaic artworks depicting local history. The company was acquired by Washington Mutual (WaMu) in 1998 for approximately $6.4 billion. Following the acquisition, the Home Savings of America brand was phased out. WaMu itself later failed during the 2008 financial crisis and its banking operations were acquired by JPMorgan Chase.

Founded in
United States

United States


Industry

    Financial

  • BankingPRIMARY