Create Rules in Outlook XP
Choose the email you wish to filter.
Right click on the email and choose Create Rule

In the area marked “Which condition(s)…” you can choose what
you want to filter for, i.e. Huntington bank, Washington Mutual, etc. For this example lets choose “From

Click Next

Now in the area “What do you want to do with the message?” click on “move it to the specified folder”
In the field “Rule Description” left click on the “specified” link

In this window you can choose the folder to have the message moved to automatically. If it is a message you don’t want, have it moved to “Deleted Items” or “Junk E-mail”
Click OK

Click Next

Place a check mark in the “Run this rule now on message already in “Inbox”

Click Finish
Note:
For spam like Washington Mutual and Huntington Bank you may have to do
this process multiple times since the subject and sender change frequently.