Washington Federal Bank, often simply referred to as Washington Federal, is a full-service national bank headquartered in Seattle, Washington. Here is a general overview:
Key Information about Washington Federal Bank:
History: Washington Federal has a long history, dating back to 1917 when it was founded in Ballard, Washington. Over the years, the bank has grown and expanded its services.
Operational Scale: As of my last knowledge update in January 2022, Washington Federal operates not only in Washington state but also has a broader presence with branches in various states, providing banking services to individuals, businesses, and communities.
Services: Washington Federal Bank offers a range of financial services, including personal banking (checking, savings, and lending), business banking, and wealth management. They provide services such as mortgages, home equity loans, commercial real estate loans, and other banking products.
Community Focus: Like many regional and community banks, Washington Federal emphasizes community engagement and local decision-making. It often contributes to community development initiatives and supports local businesses.
Customer-Centric Approach: The bank is known for its customer-centric approach, aiming to provide personalized service and build lasting relationships with its clients.
Financial Stability: Washington Federal is recognized for its financial stability and conservative banking practices. It is publicly traded on the NASDAQ stock exchange under the ticker symbol WAFD.
Larger loan amounts can be considered. 5+ unit multifamily properties, self-storage facilities, and manufactured home parks
Cash-out refinancing, interest only, and non-recourse options
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