Washington Federal | banks in the United States

Washington Federal, Inc. is a bank based in Seattle, Washington, in the United States. It is the primary subsidiary of Washington Federal, Inc., a bank holding company. It operates 235 branches in eight western states.


Washington Federal


History of Washington Federal 

  • The bank was founded on April 24, 1917, as Ballard Savings and Loan.
  • In 1958, it merged with and took the name of Washington Federal Savings and Loan.
  • The bank demutualized in 1982.
  • The present holding company structure was adopted in 1995.
  • In 2019, the bank was rebranded as WaFd Bank.


Washington Federal


Mergers and acquisitions of Washington Federal

  1. Seattle Federal Savings and Loan, 1971
  2. First Federal Savings and Loan Association, Mount Vernon, Washington, 1978
  3. United First Federal, Boise, Idaho, 1987
  4. Provident Federal Savings and Loan, Boise, 1987
  5. Northwest Federal Savings and Loan, Boise, 1988
  6. Freedom Federal Savings and Loan, Corvallis, Oregon, 1988
  7. Family Federal Savings and Loan Association, Dallas, Oregon, 1990
  8. First Federal Savings and Loan Association, Idaho Falls, Idaho, 1991
  9. Metropolitan Savings Association, Portland and Eugene, Oregon, 1991
  10. First Federal Savings Bank, Salt Lake City, 1993
  11. West Coast Mutual Savings Bank, Centralia, Washington, 1996
  12. Metropolitan Bancorp, Seattle, November 29, 1996
  13. United Savings and Loan Bank (4 branches, based in Seattle) for $65 million in 2003. Founded on July 6, 1960, it was the first savings and loan owned by Asian Americans.
  14. First Mutual Bank, Bellevue, Washington, 2008
  15. Horizon Bank (18 branches), seized by the Federal Deposit Insurance Corporation after bank failure, Bellingham, Washington, 2010
  16. South Valley Bancorp Inc., Klamath Falls, Oregon, 2012
  17. 51 branches from Bank of America in Washington, Oregon, Idaho, and New Mexico, 2013
  18. 23 branches from Bank of America in Arizona and Nevada, 2014


Washington Federal


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Washington Federal


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