Washington Federal, Inc. (NASDAQ: WAFDP), operating under the trade name WaFd Bank, is a bank holding company headquartered in Seattle, Washington. Through its wholly owned subsidiary, WaFd Bank provides a full range of commercial and consumer banking products across the western United States. The company focuses on relationship-based lending and deposit gathering, serving small to mid-sized businesses, professional practices and individual consumers.
WaFd Bank’s product offerings include traditional deposit accounts such as checking, savings and money market accounts, as well as certificates of deposit and retirement accounts. On the lending side, the bank extends residential real estate mortgages, construction and home equity loans, and unsecured consumer loans. For business clients, WaFd Bank offers commercial real estate financing, equipment loans, SBA loans, lines of credit and treasury management solutions designed to streamline cash flow and payments. The bank also provides online and mobile banking platforms, merchant services, trust and wealth management services through its subsidiary, WFCS Wealth Management, and insurance products via affiliated entities.
Founded in 1917 as Ballard Savings and Loan Association, the company has grown through organic expansion and targeted acquisitions into a franchise spanning more than 200 branches. Its primary footprint encompasses key markets in Washington, Oregon, California, Arizona, New Mexico, Texas, Utah, Colorado, Nevada, Idaho and Montana. This regional focus allows WaFd Bank to tailor its offerings to the economic and demographic characteristics of the western United States, supporting local businesses and communities with a decentralized decision-making model.
Under the leadership of President and Chief Executive Officer Brent J. Beardall, WaFd Bank maintains a customer-centric strategy emphasizing personalized service and prudent risk management. The bank’s governance structure includes an experienced board of directors with backgrounds in banking, real estate and community development. Through a combination of deep local market knowledge and a diversified product suite, Washington Federal aims to deliver consistent long-term value to its shareholders and stakeholders.
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