Washington Federal

-4.9%

Washington Federal is a financial services company that offers personal banking, business banking, and commercial lending services. The company was founded in 1917 and is headquartered in Seattle, Washington. Washington Federal is a subsidiary of the Washington Federal Inc. holding company and has over 200 branch locations across 8 western states. The company has over 1,900 employees and is publicly traded on the Nasdaq stock exchange under the ticker symbol WAFD. Washington Federal is known for its strong commitment to providing excellent customer service and supporting the communities where it operates.

1. Longstanding History: Washington Federal was founded in 1917 and has over 100 years of experience in serving its customers, making it one of the oldest and most trusted financial institutions in the Pacific Northwest.
2. Strong Community Focus: The company has a deep commitment to the communities it serves and has been actively involved in philanthropic and charitable initiatives. It also supports a wide range of community events and organizations.
3. Customer-Centric Approach: Washington Federal puts its customers first by providing personalized financial solutions and exceptional customer service. It strives to understand the unique needs of its customers and help them achieve their financial goals.
4. Sound Financial Strength: The company has a strong financial position and is consistently ranked among the top-performing banks in the country. It has a strong credit rating and is well-capitalized, ensuring stability for its customers.
5. Diverse Range of Products and Services: Washington Federal offers a comprehensive range of financial products and services, including personal and business banking, home loans, and wealth management services. This allows customers to have all their financial needs met in one place.
6. Technology-Driven: The company has embraced technology and continually invests in innovative solutions to enhance the customer experience. This includes online and mobile banking, as well as other digital tools to make banking convenient and accessible for its customers.
7. Commitment to Sustainability: Washington Federal is committed to sustainable practices and is a leader in green building lending. It has also implemented environmentally friendly initiatives within its own operations.
8. Employee Culture: The company values its employees and provides a positive work environment that encourages growth, collaboration, and diversity. This results in a strong and dedicated team that is committed to providing excellent service to customers.
9. Strong Leadership: Washington Federal has a highly experienced and dedicated leadership team that is focused on long-term success and growth for the company and its customers.
10. Customer Satisfaction: With a high rate of customer satisfaction and loyalty, Washington Federal has established itself as a trusted and reliable financial partner for individuals and businesses.

Washington Federal is a financial institution and its primary business model is providing a variety of banking and financial services to individuals, businesses, and communities. These services include personal and business banking products, mortgages and loans, investment and wealth management, insurance, and other financial services. The company also focuses on building strong and lasting relationships with its customers by providing personalized and quality customer service. Additionally, Washington Federal operates on a decentralized model, with local leadership and decision-making aimed at meeting the specific needs of the communities it serves. This business model allows the company to maintain a strong presence in its local markets and contribute to the economic growth of the communities it serves.

-Washington Federal was founded in 1917 as Ballard Savings and Loan Association in Seattle, Washington.
-The company was started with a capital of $150,000 and assets of $20,000.
-In 1923, the company became the first savings and loan association in the state to have $1 million in assets.
-Washington Federal was the first savings and loan association in the state to receive national charter in 1936.
-The company changed its name to Washington Federal Savings and Loan Association in 1950.
-In the 1960s, the company began expanding outside of Seattle and acquired 28 additional branches.
-In 2001, Washington Federal changed its charter to a savings bank and became known as Washington Federal, Inc.
-Washington Federal is publicly traded on the NASDAQ under WAFD.
-The company has over 200 branches across 8 states including Washington, Oregon, Idaho, Utah, Arizona, Texas, Nevada, and New Mexico.
-Washington Federal is the largest bank headquartered in Seattle and the second largest in the state of Washington.
-The company is known for its conservative lending practices and has only had one loss in its history during the Great Depression.