September 23, 2020 The Corporate Social Responsibility Newswire

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Washington Mutual Named One of the "Best Companies for Minorities" by Fortune Magazine. WaMu Only Seattle-based Company on the List

Submitted by: Washington Mutual, Inc.

Categories: Human Resources & Diversity

Posted: Jun 26, 2000 – 12:00 AM EST


Jun. 26 /CSRwire/ - Washington Mutual (NYSE: WM) learned today the company has been named one of the "Best Companies for Minorities" by Fortune Magazine.

"We value every employee's contributions," said Daryl David, the company's executive vice president of human resources. "By combining a dynamic mix of diverse skills, opinions and perspectives, we're making Washington Mutual a great place to work and a great place to bank. We're very proud of this terrific recognition by Fortune."

Out of the top 50 companies listed in Fortune, Washington Mutual placed 22nd based on criteria such as minority recruitment and retention, representation among the company's board of directors and senior management, minority-based corporate giving, purchasing with minority-owned businesses, overall minority representation among employees and the company's financial performance. Of its nearly 30,000 employees nationwide, Washington Mutual employs more than 11,000 employees of color, which represents 37 percent of its total workforce.

With a history dating back to 1889, Washington Mutual is a financial services company that provides a diversified line of products and services to consumers and small- to mid-sized businesses. At March 31, 2000, Washington Mutual and its subsidiaries had assets of $188.61 billion. Washington Mutual currently operates more than 2,000 consumer banking, mortgage lending, commercial banking, consumer finance and financial services offices throughout the nation.

For more information, please contact:

Libby Hutchinson Washington Mutual
Phone: 206.461.2484


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