Washington Mutual Inc. is expected to announce today a $120 billion, 10-year community reinvestment commitment as part of its planned acquisition of H.F. Ahmanson & Co, sources close to the deal confirmed.

The commitment incorporates a $75 billion pledge Wamu made as part of its acquisition last year of Great Western Financial, a $35 billion pledge Ahmanson had announced before its March 17 merger accord with Wamu, plus an additional $10 billion. The thrifts expect to complete their merger in the third quarter, pending regulatory approval.

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