SEATTLE — Last month's fire sale of Washington Mutual Savings Bank to JPMorgan Chase Bank has brought a huge jump in memberships for the $8.5 billion BECU.
"Daily membership has doubled since the severity of WaMu's problems become known at mid-month," said a BECU spokesman in adding a common CU refrain of "it's a great time for credit unions."
Indeed, September set an all time monthly BECU record of 8,100, a figure which excludes direct lending auto memberships, said the spokesman for the 580,000-member Seattle CU.
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