WaMu opens branch in Benicia


On Friday morning, WaMu held the grand opening for its first branch in Benicia. The bank is on Southampton Road.

WaMu marked the event by giving a $2,100 donation to the Benicia Performing Arts Foundation.

"The community is very supportive. Customers have been waiting for a branch to open, so this is a good thing," said WaMu Financial Center manager Eric Smith.

You may remember Washington Mutual was saddled with billions of dollars in mortgage-related losses. Last month, the federal government seized the bank's assets and sold them to JP Morgan-Chase.

The deal will eventually allow WaMu customers access to more than 5,000 bank branches in 23 states.

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