Kerry Killinger has made no secret of his company's ambition to grow by acquisition, but he says he has never tipped his hand.

In recent years, the chairman and chief executive of Washington Mutual Inc. has repeatedly said that the Seattle-based thrift wants to be a survivor in an industry that is rapidly consolidating. His strategy is to buy institutions that represent good bargains for his shareholders and that are based in or near the $17.8 billion-asset thrift's operating area in the Northwest.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.