The Odessa Record -

Washington Federal: 100 years celebrated Monday

 

April 27, 2017

--Courtesy photo.

SEATTLE – April 18, 2017 – Washington Federal celebrated its first 100 years in business on April 24, 2017. In its first century, the bank has funded the bold visions of small businesses, national corporations and individual homeowners.

Founded in 1917 as a small neighborhood bank in Ballard, Wash., Washington Federal has grown to be one of the strongest banks in the U.S. Backed by 100 years of relationship-based service, the bank now operates 236 offices across eight states and serves retail, small business and commercial clients. With $15 billion in assets, Washington Federal has one of the highest capital ratios among the nation's 100 largest publicly traded banks.

From the beginning, Washington Federal adopted a disciplined, no-nonsense approach to banking: taking deposits from local residents and making prudent loans that help people achieve their goals. That discipline has held for a century, and Washington Federal continues to evaluate opportunities through a long-term lens to ensure wise stewardship of its clients' funds and its shareholders' investments.

Washington Federal is committed to helping its communities grow and prosper, and that commitment includes seeing all its loans through from origination to repayment.

Washington Federal celebrated its centennial throughout its footprint. Festivities included bank CEO Brent Beardall ringing the Nasdaq opening bell in New York on April 24, as well as local events in all the bank's branches.

 

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