Submitted by: Washington Mutual, Inc.
Categories: Human Resources & Diversity
Posted: Jul 01, 2002 – 12:00 AM EST
Jul. 01 /CSRwire/ - SEATTLE, Washington - Washington Mutual (NYSE: WM) has been named one of the "Best Companies for Minorities" by Fortune magazine for the third consecutive year.
"This year we even helped create a large minority-owned business," said Carolyn Crowson, manager of national supplier diversity at Washington Mutual. "We helped four building maintenance vendors develop a strategic alliance and operate nationally as Service Everywhere LLC. We're their first customer."
Out of the top 50 companies listed in Fortune, Washington Mutual placed 27th 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 and overall minority representation among employees. Of its more than 42,000 employees nationwide at the end of December 2001, WaMu employed more than 16,400 minority employees, representing 39 percent of its total workforce. More than 28 percent of WaMu's officials and managers are minorities.
About Washington Mutual
With a history dating back to 1889, Washington Mutual is a national financial services company that provides a diversified line of products and services to consumers and small- to mid-sized businesses. At March 31, 2002, Washington Mutual and its subsidiaries had assets of $275.22 billion. The company currently operates more than 2,400 consumer banking, mortgage lending, commercial banking, consumer finance and financial services offices throughout the nation. Washington Mutual's press releases are available at www.wamu.com.
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