Washington Federal, also known as Washington Federal Savings, is a bank specialized in personal savings and lending products. The bank also offers products and services for business banking. The parent company is known as Washington Federal, Inc, which is headquartered in Seattle, WA. The bank has presence in eight US States, which include Washington, Oregon, Arizona, New Mexico, Idaho, Utah, Texas, and Nevada. Washington Federal has more than 160 locations spread across these states.
The retail banking solutions available here include checking & savings accounts, CDs, Money Markets, retirement plans, credit cards, education savings, and insurance products. It also offers business accounts and commercial financing solutions. The bank deals in commercial real estate and reo properties too. Under the personal lending services, it has to offer an array of mortgages and home equity loans at competitive mortgage rates. One can also come here for refinancing and loans for construction, remodeling and lot purchases.
Furthermore, one can access Washington Federal online banking to avail an easy access to the information related to their accounts and perform general transactions anytime from anywhere. The bank also provides online information on CD rates, wholesale products, routing number, and even on careers.
Washington Federal came into existence as Ballard Savings and Loan Association in 1917. Later in 1958, it merged with Bothell’s Washington Federal Savings and Loan (WFSL) and subsequently, it came to be known by the name of the company it acquired. The present name was adopted in 1995. The history of Washington Federal is a story of mergers and acquisitions at different periods of its existence.
|Bank Name||Washington Federal|
|Year of Establishment||01-01-17|
|FDIC Insured Since||6/24/1935|
|FDIC Certificate No||28088|
|Number of Branches||254 domestic + 0 foreign|
|Number of ATMs|
|Number of Employees||1,848|
|Number of States Served||8 States|
|Services Offered (Available Accounts)||Checking, Savings, Credit Cards, CDs, Mortgage,|
|Mobile and Online Banking||Account Balance, Bill Pay, Fund Transfer, Telephone Banking|
|Assets (June 30, 2014)||14,791,593|
|Deposits (June 30, 2014)||10,775,488|
|Equity Capital (June 30, 2014)||1,982,636|
|Net Income (June 30, 2014)||38,016|
|Primary Federal Regulator||Office of the Comptroller of the Currency|
|Address||425 Pike Street, Seattle,WA 98101|
(Courtesy: FDIC as on June 30, 2014)