WaMu to close 57 area branches

January 19, 2009 3:50:14 PM PST
JP Morgan Chase plans to close 57 Washington Mutual branches in the Chicago-area by March 24.Washington Mutual fell victim to the nation's mortgage and credit crisis and was bought by JP Morgan.

The bank says a small number of Washington Mutual workers at the branches will lose their jobs.

Many will be shifted to chase banks or other Washington Mutual branches that remain open.