Washington Federal

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Washington Federal, Inc.
Public company
S&P 400 component
IndustryFinancial services
FoundedJanuary 1, 1917; 102 years ago (1917-01-01)
HeadquartersSeattle, Washington, United States
Key people
Brent J. Beardall, CEO
Increase $0.205 billion (2018)
Total assetsIncrease $16.188 billion (2018)
Total equityDecrease $1.976 billion (2018)
Number of employees
1,877 (2018)
Footnotes / references

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


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.

Mergers and acquisitions[edit]


  1. ^ "Washington Federal, Inc. 2018 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Washington Federal to buy Metropolitan Bancorp". Kitsap Sun. July 16, 1996.
  3. ^ "WASHINGTON FEDERAL TO BUY UNITED SAVINGS AND LOAN". The New York Times. Reuters. May 21, 2003.
  4. ^ "Washington Federal, Inc. to Acquire First Mutual Bancshares, Inc" (Press release). Globe Newswire. July 2, 2007.
  5. ^ "FDIC Failed Bank Information for Horizon Bank, Bellingham, WA". Federal Deposit Insurance Corporation.
  6. ^ GALLAGHER, DAVE; STARK, JOHN (January 8, 2010). "Regulators shut down Horizon Bank; Washington Federal takes over". The Bellingham Herald.
  7. ^ Kish, Matthew (April 5, 2012). "South Valley Bank sold to Washington Federal". American City Business Journals.
  8. ^ Gallen, Tim (January 24, 2014). "Washington Federal buys 23 retail branches in Arizona, Nevada from Bank of America". American City Business Journals.

External links[edit]