Washington Federal, Inc. (NASDAQ: WaFd (NASDAQ:WAFDP)P) is a bank holding company headquartered in Seattle, Washington, operating under the trade name WaFd Bank. Originally founded in 1922 as Ballard Savings and Loan Association in Seattle’s Ballard neighborhood, the company has expanded through organic growth and strategic acquisitions to become a leading regional financial institution in the western United States.
WaFd Bank provides a broad suite of personal banking products, including checking and savings accounts, money market and certificate of deposit offerings, and digital banking services. The institution emphasizes community banking principles, combining local decision-making with modern online and mobile platforms to serve retail customers across Washington, Oregon, Idaho, California, Nevada, Utah and Arizona.
On the lending side, Washington Federal offers residential mortgage solutions, home equity lines and installment loans for consumers, alongside commercial and industrial lending, commercial real estate financing and U.S. Small Business Administration-guaranteed loans for business clients. The company strives to support small businesses, developers and homeowners with flexible financing options tailored to regional market needs.
Complementing core banking and lending services, WaFd Bank delivers wealth management and trust administration through WaFd Wealth Services, offering investment advisory, estate planning and fiduciary services. The company is led by President and Chief Executive Officer Richard S. Mills and overseen by a board of directors with extensive experience in financial services, community banking and corporate governance.
